Patrick Anderson's presentation highlights Dalradian Resources' Curraghinalt gold project in Northern Ireland, which has advanced to the permitting stage. The project features a large, high-grade vein system that has increased in size and grade through exploration. A positive feasibility study was completed previously, and opportunities exist to further improve the economics. Dalradian is undertaking additional technical work and community engagement to support an updated feasibility study and permitting process.

1. Patrick F. N. Anderson
We’ve found something precious. Opportunity.
President and CEO
Corporate Presentation May 2018

2. 2
FORWARD-LOOKING INFORMATION AND QUALIFIED PERSON
2
This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the delivery of an updated feasibility
study and an updated technical report, future financial or operating performance of the Company and its subsidiaries and its mineral project, the future price of
metals, test work and confirming results from work performed to date, the estimation of mineral resources and mineral reserves, the realization of mineral resource
and mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and
timing of the development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations,
environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage, the timing and possible outcome of pending regulatory matters
and the realization of the expected production, economics and mine life of the Curraghinalt gold deposit.
Often, but not always, forward-looking statements can be identified by the use of words and phrases such as “plans,” “expects,” “is expected,” “budget,” “scheduled,”
“estimates,” “forecasts,” “intends,” “anticipates,” or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions,
events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved.
Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions
that management believes are reasonable, such as continued political stability in Northern Ireland, that permits required for Dalradian’s operations will be obtained in
a timely basis in order to permit Dalradian to proceed on schedule with its planned exploration and mine development, construction and production programs, that a
permitting application for mine construction will be approved, that skilled personnel and contractors will be available as Dalradian’s operations commence and
continue to grow towards production and mining operations, that the price of gold will be at levels that render the Dalradian’s mineral project economic, and that the
Company will be able to continue raising the necessary capital to finance its operations and realize on mineral resource and mineral reserve estimates and current
mine plans.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of
Dalradian to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors
include, among others, general business, economic, competitive, political and social uncertainties; legal challenges to permits or permitting applications; the actual
results of current and future exploration activities; the actual results of reclamation activities; conclusions of economic evaluations; meeting various expected cost
estimates; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or
recovery rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or construction
activities, as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2017
dated March 15, 2018.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in
forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking
statements contained herein are made as of the date of this presentation and the Company disclaims any obligation to update any forward-looking statements,
whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-
looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements.
Eric Tremblay, P.Eng., Chief Operating Officer, and Greg Hope, M.Sc., MAIG, Exploration and Geology Manager with Dalradian Resources Inc., are the Qualified Persons
who have reviewed and approved the scientific and technical information in this presentation.

3. 3
▪Large, high-grade vein system
open in all directions
▪Close to surface and easily
accessible
▪120,000 ha land package with
many gold showings
Geology
▪Permit a mine
▪Improve economics from
positive FS base-case
Strategy
▪46% increase in M&I and
32% increase in Inferred
▪Identified 5 new veins and
increased strike length
by 1 km
Resource Update
▪All political parties focused on
economy and job creation
▪Transparent permitting
process
Jurisdiction
▪Positive geotechnical and
ore-sorting results being fed
into FS update
▪Raised over CAD$320 M
since 2010, including $78 million
investment from Orion and
Osisko
FS Improvement Financial Strength
HIGH-GRADE GOLD IN NORTHERN IRELAND

4. 4
STOCK PRICE PERFORMANCE
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
$2.75
$3.00
$3.25
Michael Curran$2.20
Tyron Breytenbach$2.50
$2.00 Andrew Mikitchook
$3.00 Tom Gallo
$2.50 Stephen Walker
Ryan Walker$2.05
Analyst targets range from
$1.70-$3.00
$1.07
May 10, 2018
SHARE CAPITALIZATION AND
CASH POSITION
Shares outstanding of
355 million and fully diluted of
368 million as of May 2018
Cash position of $126 million as
of March 2018
All dollars quoted in $ CAD
$1.70 Craig Stanley
160p Jonathan Guy
$2.70 Gary Sidhu
$2.25

5. CURRAGHINALT DEPOSIT

6. 6
MINERAL PROJECTS IN IRELAND AND THE UK
Gortin
Omagh
Curraghinalt
BELFAST
Galantas
Gold
Conroy
Diamonds
& Gold
Walkabout
Resources
Irish Salt
Mining
Curraghinalt Gold
Deposit
Gold
Base Metals
Other
Exploration
In Production
Permitting/Permitted,
but not producing
Past Producer
Stage Commodity
United Kingdom
Republic of Ireland
Northern Ireland

7. 7
OUR PROGRESS AT CURRAGHINALT
▪ UG exploration permits granted;
ESIA and planning application
submitted
▪ 2 PEAs and a positive base-case
feasibility study released over
5 years
▪ 6 resource updates resulting in a
12x increase in resources
▪ Completed 2,000 metres of
underground development with
3 test stopes 27 Years
of Work
8 Years of Work
Metres of Drilling
Inferred Resource (Moz)
Measured and Indicated Resource (Moz)
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
2007 Pre-
DNA
2010 Year
1
2011 Year
2
2014 Year
4
2016 Year
6
2018 Year
8

8. 8
2018 RESOURCE
Released an updated Mineral Resource Estimate
with a 42% increase in M&I ounces and a
29% increase in gold grade1
Measured: 0.04 Mt grading 26.04 g/t Au
for 33,000 contained ounces
Indicated: 6.31 Mt grading 14.95 g/t Au
for 3.0 million contained ounces
Inferred: 7.72 Mt grading 12.24 g/t Au
for 3.1 million contained ounces
1 Refer to the press release dated May 10, 2018 for details on the updated Mineral Resource

9. 9
RESOURCE EXPANSION
Vein and Vein Intersections
Curraghinalt Deposit
Attagh Burn
Alwories
Proposed
mill site
Curraghinalt
Deposit
12km
Curraghinalt
Trend
Rylagh
Bounds of Current Resource

10. 10
RESOURCE WIREFRAME – COMPARISON
Cpy
Cpy2016 - 16 veins over 1.3km strike 2018 - 21 veins (2 not in resource)
over 2.3km strike (open in all directions)

11. 11
Curraghinalt
Deposit
Attagh Burn
2.47m @ 18.99 g/t Au
3
Golan Burn
0.6m @ 61.43 g/t Au
Gold Anomalies
1
kilometres
0 2
Scotch Town
Peak of 10.52 g/t Au
In mineralized boulders
400 m Step-out
3.2m @ 5.34 g/t Au
2
1 1a 12-CT-173 drilled at 150/-60; 1b and 1c 12-CT-162 drilled at 180/-55; 1b from 186.00m - 188.22m, 1c from 229.08m - 230.55m; true width undetermined
2 11-CT-99 drilled at 200/-60, from 471.14-474.34 m
3 12-CT-167 drilled from 201.93-204.40 m
Vein and Vein Intersections
Glaciated Terrain with Minimal Outcrop
Alwories Discovery Holes
1
4.72m @ 14.82 g/t Au
1a
2.22m @ 14.10 g/t Au
1b
1.47m @ 23.60 g/t Au
1c
12KM GOLD TREND IS MOSTLY UNEXPLORED
Proposed
mill site
Curraghinalt
Deposit
12km
Curraghinalt
Trend
Rylagh

12. 12
HIGH GRADE REGIONAL DISCOVERIES
Fallagh
Rylagh
1
kilometres
0 2
1
kilometres
0 2
kilometres
0 5
SAMPLES - New Discovery
50cm @ 139.5 g/t Au (F11601)
10-15cm @ 1.37 g/t Au (F11627)
50cm @ 168 g/t Au (F36011)
50cm @ 42.4 g/t Au (F36011)
SAMPLES
30.30 g/t Au (B0641)
29.20 g/t Au (B0633)
17.25 g/t Au (B0625)
11.65 g/t Au (B0627)
Curraghinalt
Deposit
Curraghinalt
Deposit
12km
Curraghinalt
Trend
Rylagh

13. 13
▪ 2018 drilling planned
for several regional
targets
▪ Soil sampling,
panning and stream
sediment sampling
to continue on all
licences
▪ Over 120,000
hectares under
licence or application
REGIONAL EXPLORATION

14. FEASIBILITY STUDY

15. 15
SITE PLAN
Curraghinalt has been designed to fit in with the natural topography
with a low profile design, using trees, berms and building wall sound
panels to buffer noise.

16. 16
FS ENHANCEMENTS
▪ Infill drilling to enhance grade
▪ Conversion of Inferred resource
into M&I and Reserves
▪ Focused geotechnical program in zones
currently classified as poor ground
▪ Production rate
▪ Ore sorting
Anticipated results with enhancements are higher annual production and lower costs
Updated FS scheduled to be released in Q3 2018
The updated Mineral Resource Estimate*, along with the work listed below,
will support an updated FS:
*Refer to page 10 for details

17. PERMITTING

18. 18
FOCUS ON JOBS AND ECONOMY
▪ Top priority of all NI political parties is jobs and investment and historically permitting
decisions have been influenced by economic contribution
▪ Successfully permitted underground exploration at Curraghinalt
▪ Numerous government officials have visited our project, including over 70 site visits by
regulators during UG program
▪ More than 40 meetings with regulators prior to submitting planning application
Stormont, NI Parliament Building

19. PERMITTING PROCESS
Planning
Decision
Project Description
Completed
ESIA CompletedPlanning
Application
Submitted
Planning Application
consists of:
• Project Description
• Environmental Social
Impact Assessment
(ESIA)
The review process
includes:
• consultation with
other regulators and
the public
• a thorough review of
the application
Public
Local
Inquiry
COMPLETED IN PROGRESS
Planning
Application
Submitted
Planning NI
Review
Public Local Inquiry
anticipated due to scale
of the project
10 - 12 months 12 monthsNovember 2017

20. COMMUNITY ENGAGEMENT
Over 1,000 tunnel tours and site visits
27 informative advertorials published in
local newspapers
1400+ submissions of interest for jobs
34% from the local area
400+ letters of support submitted

21. SUMMARY

22. DNA HIGHLIGHTS
▪ Business-friendly jurisdiction
with transparent permitting
▪ Large, high-grade vein system
▪ Positive Feasibility Study, with
multiple opportunities for
improvement
▪ Project has advanced to
permitting stage
▪ Active technical program
and news flow in 2018