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A Golden Opportunity In Northern Ireland




                Curraghinalt Deposit



        Investor Presentation September 2011

               Patrick F. N. Anderson
                   Chairman and
               Chief Executive Officer
Forward-Looking Information and Qualified Person


 Certain statements in this presentation, other than statements of historical facts relating to the company, constitute “forward‑looking information within the meaning of
 applicable securities laws. Such forward-looking information may include, but is not limited to, statements with respect to the future financial or operating performance of
 the company, its subsidiary and its mineral project, the future price of metals, the estimation of mineral resources, the realization of mineral resource 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 and the timing and possible outcome of pending litigation and regulatory matters. Often, but not always,
 forward‑looking statements can be identified by the use of words 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 such
as continued political stability in Northern Ireland, that permits required for the company s operations will be obtained in a timely basis in order to permit the company to
proceed on schedule with its planned drilling programs, that skilled personnel and contractors will be available as the company s operations continue to grow, that the
price of gold will remain at levels that render the project economic, and that the company will be able to continue raising the necessary capital to finance its operations and
realize on mineral resource 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 the
company and/or its subsidiary 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; the actual results of current exploration activities;
conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of metals, including gold; possible variations of ore
grade or recovery rates; failure to convert estimated mineral resources into mineral reserves; failure of plant, equipment or processes to operate as anticipated; actual
results of reclamation activities; accidents, labour disputes; political instability and risks arising from operating in Northern Ireland; delays in obtaining governmental
approvals or financing or in the completion of development or construction activities; uncertainties relating to the availability of future financing; inflation; fluctuations in
exchange rates; uninsured risks and other risks of the mining industry. 

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 hereof 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.

The technical data in this presentation was taken from the technical report entitled “A Mineral Resource Estimate for the Curraghinalt Gold Deposit and a Review of a
Proposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland dated May 10, 2010, prepared by B. Terrence Hennessey,
P.Geo., and Dibya Kanti Mukhopadhyay, M.Sc., MAusIMM, of Micon International Limited (the Technical Report ).

Eur Geol Garth Earls, Managing Director, Dalradian Gold Limited, is the Qualified Person who supervised the preparation of the technical data in this presentation.




2
Why Invest?

•    High-grade 1.5MM ounce gold resource (all categories) 
      •  Inferred: 1.16 million
      •  Indicated: 400,000
•    6 drills turning
      •  Focus on resource expansion and confirmation
      •  Resource update planned for Q4 2011
•    84,000 ha property
      •  19 regional targets identified
      •  Exploration drilling underway
•    Low political risk
      •  Northern Ireland open for business and resource friendly   
   

•    Experienced management and board 
      •  Track record of discovery and development 
•    Well funded
      •  Approximately 27 million in cash as at 
      •  Management owns > 8%




3
Capital Structure

•         TSX: DNA

•         Shares outstanding – 69.8 million
     
    - Fully diluted – 76.3 million
     
    - Market cap - $134.2 million
     
    - Average volume (10 day) – 283,511

•         Analyst coverage
         –  GMP: Andrew Mikitchook
         –  Clarus: Laurie Curtis




                                                 As at September 21, 2011
                                                                        
                                                                         




4
Board & Management: 

    A Track Record of Discovery and Development
Colin K. Benner
                                  Patrick F. N. Anderson
Chairman of Capstone Mining Corp.,
               Chairman and Chief Executive Officer

Creston Moly Corp., and Corsa Capital Ltd.
       Former CEO of Aurelian Resources Inc.

                                                 Also Director of Colossus Minerals Inc., 
Joseph F. Conway
                                 Malbex Resources Inc. and Continental Gold 

CEO of Primero Mining Corp.
                      Limited

Former CEO of IAMGOLD Corporation
                

                                                 Keith D. McKay
Ronald P. Gagel
                                  Chief Financial Officer

Former SVP and CFO of FNX Mining Company Inc. 
   Former CFO of Aurelian Resources Inc.
Also Director of Adriana Resources Inc. and
      And Director of Noront Resources Ltd.

Stonegate Agricom Ltd.
                           

                                                 John McCombe
Thomas J. Obradovich
                             Chief Operating Officer
Former CEO of Young-Davidson Mines Ltd.
          Director of Revett Minerals
Former Director of Aurelian Resources Inc.
       Former SVP, Operating Strategy of IAMGOLD

Chairman of Lago Dourado Minerals Ltd.
           
 
                                                Carson Noel
Sean E. O. Roosen
                                Executive Vice President
CEO of Osisko Mining Corporation
                 Former General Manager, Aurelian Ecuador, S.A. 
Also Director of Rio Novo Gold Inc. and
          
Bowmore Exploration Ltd.
                         Garth Earls

                                                 Managing Director, Dalradian Gold Limited

Ari B. Sussman
                                   Former Director, Geological Survey 

Chairman and CEO of Colossus Minerals Inc. 
      of Northern Ireland
CEO of Continental Gold Limited
                  

                                                 

    5
Exploring Northern Ireland


•    Devolved government within the United
     Kingdom

•    Currency: pound sterling

•    Population: approximately 1.8 million

•    The government of Northern Ireland recently
     invested approximately C$15 million in
     geological surveys to attract investment





                                 Tellus Project



6
Northern Ireland: A Resource Rich Country

                                                   Lonmin PLC is exploring for
•        Excellent regional                        platinum and palladium
         infrastructure

•        Our flagship asset is the
         Curraghinalt
         mesothermal high grade
         gold deposit

•        Over 84,000 hectares
         under exploration

•        Potential exists for
         further precious and
         base metals deposits
      Galantas Gold
                                    Corporation has been in



                                   production since late
                                    2007
                            Conroy Diamonds & Gold



                                                                    exploring for gold along a

     

              

                                                     50 km trend
     


     
   

7
Active Resource Industry in County Tyrone

•      There are approximately 150 open cast operations in the region




 Cavanacaw Gold Mine
                                     Sand and gravel pit




     100
     metres




 Peat Harvesting
                                        Gortin Glen Logging


8
Curraghinalt: 3D Schematic of Veins and Adit

 •  Work
    historically
    focused
    proximal to
    discovery
    outcrop




9
Current Drilling Program: Resource Expansion

•     September 6, 2011 –
      Drilling at Curraghinalt
      intersects 8.34 metres of
      5.84 g/t gold and 3.2
      metres grading 5.34 g/t
      gold. Additional parallel
      veins discovered to the
      South of the deposit.

•     June 8, 2011 – Drilling at
      Curraghinalt intersects
      2.06 metres of 111.6 g/t
      gold and 1.11 metres
      grading 26.84 g/t gold

•     April 7, 2011 – Hole 11-
      CT-85 cut 2.54 metres of
      20.61 g/t gold

•     February 28, 2011 – Hole
      10-CT-76 cut 2.74
      metres of 15.27 g/t gold

•     December 2, 2010 – Hole
      10-CT-73 cut 1.83
      metres of 37.41 g/t gold

•     October 14, 2010 –Two
      new parallel veins                 Please see Appendix for cross-sections.
                                                                               
      discovered




10
Veins open at depth 

           •                                     Longer holes intercept as many as nine veins

           •                                     Proximity favourable for shared infrastructure 



    385,800mN                                                         386,000mN                            386,200mN                  386,400mN      386,600mN        386,800mN                                                                              386,000mN   386,200mN                                         386,400mN   386,600mN




                                                                                                                                                                                                                                        A
                                                    E                                                                                                                                                                                                                                                                                     A'
                                                                                                                                                                 E'




                                                                                                                                                                                                                                                                                                  -CT 83
                                                                                                                                                                                                                                                                                                      -87
                                                                                                                                                89




                                                                                                                                                                                                                                                                                                11 -CT-
                                                                                                                                              T-
                                                                                                                                            -C




                                                                                                                                                                                                                                                                                                11
                                                                                                                                       11




                                                                                                                                                                                  200mMSL




                                                                                                                                                                                                                                                                                                                                                   200mMSL
200mMSL




                                                                                                                                                                                             200mMSL
                                                                                                                                                                                  0mMSL
0mMSL




                                                                                                                                                                                                                                                                                                                                                   0mMSL
                                                                                                                                                                                             0mMSL
                                                                                                                                                                                  -200mMSL
-200mMSL




                                                                                                                                                                                                                            Dalradian Resources

                                                                                                                                                                                                                                    Curraghinalt Deposit
                                            Curraghinalt Deposit                                                                                                                                                                       Figure 3: A - A'
                                                    E - E'
                                                                                                                                                                                                        Date:07/06/2011
                                                                                                                                                                                                                                     (Section 256930E)                          Legend
           Date:07/06/2011
                                             (Section 257050E)                    Legend                                                                                                                Author: Dalradian
           Author: Dalradian
                                                                                                                                                                                                        Office: Gortin      Intercepts reported as:                                  Planned drillhole      Shear zone
           Office: Gortin      Intercepts reported as:                                 Planned drillhole         Shear zone                                                                                                 True width (m), Au grade (g/t)




                                                                                                                                                                                                                                                                                                                                                   -200mMSL
                                                                                                                                                                                                        Drawing: SC
                               True width (m), Au grade (g/t)                                                                                                                                                                                                                        Drillhole
           Drawing: SC
                                                                                                                                                                                                        Scale: 1:3000       Projection: Non-Earth (meters)                                                  Vein (projected)
                                                                                       Drillhole                 Vein (projected)                                                                                                                                                    complete/active
                                                                                                                                                                                             -200mMSL




           Scale: 1:4000       Projection: Non-Earth (meters)
                                                                                       complete/active
                                                                                                                                                                                  -400mMSL




                                                                                                                                                                                                                                                                                     Reported drillhole     Vein (intersected)
-400mMSL




                               0          25          50        100                   Reported drillhole         Vein (intersected)
                                                  metres
                                                                                                                                                                                                                                                             386,000mN   386,200mN                                         386,400mN
                                                                      386,000mN                            386,200mN                  386,400mN      386,600mN




           11
Cross Section Looking West




12
Comparing Curraghinalt Drilling to Mesothermal Model
Demonstrates Potential for Expansion

•     Potential exists
      to discover
      additional veins
      proximal to
      resource and
      new veins
      outside the
      principal zone

•     System open
      along strike
      and down dip

•     Additional                           After Colvine, A.C. et al,
      potential to                         1989. 
      north and south
                     An empirical model for the
                                           formation of Archean gold
                                           deposits: Economic Geology
                                           Monograph (The Geology of
                                           Gold Deposits: The
                                           Perspective in 1988), p
                                           37-53.



13
Open along strike









•  Glaciated terrain
   with minimal
   outcrop 

•  Drilling is
   primary
   exploration tool








14
Regional Exploration
Program




15
Regional Exploration Plan

•  April 2011      
   
Regional Exploration Commenced 

•  April – May 2011
   
4 Seasoned Canadian Prospectors enlisted to traditionally
          
        
   
prospect the property which was previously underexplored.
          
        
   
This group had a tremendous track record for new surface
          
        
   
discoveries. 

•  July 2011       
   
Dedicated drill onsite for Regional Exploration

•  July 2011       
   
Prospecting Identified 19 New Gold and Base Metal Targets:
                        -  12 targets in Dalradian metasediments
                        -  7 targets in Tyrone Volcanic Group







16
Regional Exploration 

•  On license DG1, 461
   samples with grades up
   to 172.9 g/t Au

   
•  On license DG2, 691
   samples with grades up
   to 112.2 g/t Au and
   some float samples with
   VMS style
   mineralization including
   one grading 8.8% Zn,
   1.2% Pb, 1.7 g/t Au and
   8.5 g/t Ag

   
•  On license DG3, 350
   samples with grades up
   to 209.92 g/t Au

   
•  On license DG4, 261
   samples with grades up
   to 187 g/t Au




17
19 Target Areas – 3 Exploration Trends	
  




                                             Glenlark Trend




           Curraghinalt Trend




18
19
Dalradian: A Golden Opportunity in Northern Ireland

•     Initial strategy is to explore and develop Curraghinalt mesothermal gold deposit
      in Northern Ireland

•     Resource update in Q4 2011

•     Dalradian is exploring additional targets on its approximately 84,000-hectare
      Tyrone Project

•     Well funded to execute on strategy




20
Appendix




21
Curraghinalt NI 43-101 Technical Report


•     Prepared by Micon International Limited

•     Dated May 10, 2010

•     Updated from November 2007 and reflects revised gold price


 Curraghinalt Mesothermal Gold Deposit
 Indicated
 0.95 MT @ 13.24 g/t Au for 0.4 million contained ounces with an average width of 1.35 m
 Inferred
 2.46 MT @ 14.64 g/t Au for 1.16 million contained ounces with an average width of 1.18 m
 

 Notes:
 §  Subject to a 2% NSR royalty to Minco Plc and a 4% royalty to the Crown Estate on silver and/or gold production
 §  Assumes US$900/oz and an economic cut-off grade of 5 g/t Au over a minimum thickness of 0.10 metres, diluted to 1 metre at 0 grade
 §  Using a cut-off grade of 5 g/t
 §  All veins less than 10 cm were excluded
 §  Width or vein thickness is measured at 90 degrees to the vertical
 §  "Vein thickness" refers to a zone of grade and may not be 100 per cent vein material
 §  Please see "A Mineral Estimate for The Curraghinalt Gold Deposit and A Review of a Proposed Exploration Program for the Tyrone Project, County
    Tyrone and County Londonderry, Northern Ireland" dated May 10, 2010 and available at www.dalradian.com




22
Multiple High Grade Gold Veins – 43-101


Name                               
Width      
Grade      
Depth
Sheep Dip Vein                     
1.1 m     
29.3 g/t   
149.6 m
                                   
1.3 m     
31.4 g/t    
36.1 m

Mullen Vein                        
1.0 m     
19.3 g/t   
274.0 m
                                   
1.3 m     
19.6 g/t    
49.9 m

T-17 HW Vein                       
4.1 m     
42.7 g/t    
42.9 m
                                   
1.6 m     
56.3 g/t   
416.2 m

T-17 Vein                          
3.4 m     
68.1 g/t    
39.6 m
                                   
1.5 m     
27.0 g/t   
107.0 m

No. 1 Vein                         
2.0 m     
48.7 g/t    
77.0 m
                                   
1.3 m     
65.7 g/t   
159.8 m

106-16 Vein                        
2.0 m     
24.0 g/t    
41.5 m
                                   
3.3   m   
16.9 g/t   
615.7 m

Road Cut Vein                      
1.6 m     
14.1 g/t    
55.5 m
                                   
1.2 m     
13.9 g/t   
123.1 m



23
Cross-section A to A'




24
Cross-section B to B'




25
Cross-section C to C'




26
A Golden Opportunity in 

       Northern Ireland

                             
      Patrick F. N. Anderson 
               Chairman and

       Chief Executive Officer

                             
         Shae-Lynn Mathers   
 Director, Investor Relations:
                             
              416-583-5622   
    smathers@dalradian.com   
                             
            Trading Symbol:  
                  DNA on TSX 
                             
            Corporate Office:
     Dalradian Resources Inc.
  155 Wellington Street West

                   Suite 2920
       Toronto, ON M5V 3H1   
                             
          www.dalradian.com

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Investor Presentation

  • 1. A Golden Opportunity In Northern Ireland Curraghinalt Deposit Investor Presentation September 2011 Patrick F. N. Anderson Chairman and Chief Executive Officer
  • 2. Forward-Looking Information and Qualified Person Certain statements in this presentation, other than statements of historical facts relating to the company, constitute “forward‑looking information within the meaning of applicable securities laws. Such forward-looking information may include, but is not limited to, statements with respect to the future financial or operating performance of the company, its subsidiary and its mineral project, the future price of metals, the estimation of mineral resources, the realization of mineral resource 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 and the timing and possible outcome of pending litigation and regulatory matters. Often, but not always, forward‑looking statements can be identified by the use of words 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 such as continued political stability in Northern Ireland, that permits required for the company s operations will be obtained in a timely basis in order to permit the company to proceed on schedule with its planned drilling programs, that skilled personnel and contractors will be available as the company s operations continue to grow, that the price of gold will remain at levels that render the project economic, and that the company will be able to continue raising the necessary capital to finance its operations and realize on mineral resource 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 the company and/or its subsidiary 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; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of metals, including gold; possible variations of ore grade or recovery rates; failure to convert estimated mineral resources into mineral reserves; failure of plant, equipment or processes to operate as anticipated; actual results of reclamation activities; accidents, labour disputes; political instability and risks arising from operating in Northern Ireland; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; uncertainties relating to the availability of future financing; inflation; fluctuations in exchange rates; uninsured risks and other risks of the mining industry. 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 hereof 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. The technical data in this presentation was taken from the technical report entitled “A Mineral Resource Estimate for the Curraghinalt Gold Deposit and a Review of a Proposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland dated May 10, 2010, prepared by B. Terrence Hennessey, P.Geo., and Dibya Kanti Mukhopadhyay, M.Sc., MAusIMM, of Micon International Limited (the Technical Report ). Eur Geol Garth Earls, Managing Director, Dalradian Gold Limited, is the Qualified Person who supervised the preparation of the technical data in this presentation. 2
  • 3. Why Invest? •  High-grade 1.5MM ounce gold resource (all categories) •  Inferred: 1.16 million •  Indicated: 400,000 •  6 drills turning •  Focus on resource expansion and confirmation •  Resource update planned for Q4 2011 •  84,000 ha property •  19 regional targets identified •  Exploration drilling underway •  Low political risk •  Northern Ireland open for business and resource friendly •  Experienced management and board •  Track record of discovery and development •  Well funded •  Approximately 27 million in cash as at •  Management owns > 8% 3
  • 4. Capital Structure •  TSX: DNA •  Shares outstanding – 69.8 million - Fully diluted – 76.3 million - Market cap - $134.2 million - Average volume (10 day) – 283,511 •  Analyst coverage –  GMP: Andrew Mikitchook –  Clarus: Laurie Curtis As at September 21, 2011 4
  • 5. Board & Management: 
 A Track Record of Discovery and Development Colin K. Benner
 Patrick F. N. Anderson Chairman of Capstone Mining Corp.,
 Chairman and Chief Executive Officer
 Creston Moly Corp., and Corsa Capital Ltd.
 Former CEO of Aurelian Resources Inc. Also Director of Colossus Minerals Inc., Joseph F. Conway
 Malbex Resources Inc. and Continental Gold 
 CEO of Primero Mining Corp. Limited
 Former CEO of IAMGOLD Corporation
 Keith D. McKay Ronald P. Gagel
 Chief Financial Officer
 Former SVP and CFO of FNX Mining Company Inc. 
 Former CFO of Aurelian Resources Inc. Also Director of Adriana Resources Inc. and And Director of Noront Resources Ltd.
 Stonegate Agricom Ltd.
 John McCombe Thomas J. Obradovich Chief Operating Officer Former CEO of Young-Davidson Mines Ltd.
 Director of Revett Minerals Former Director of Aurelian Resources Inc. Former SVP, Operating Strategy of IAMGOLD
 Chairman of Lago Dourado Minerals Ltd. 
 Carson Noel Sean E. O. Roosen
 Executive Vice President CEO of Osisko Mining Corporation Former General Manager, Aurelian Ecuador, S.A. Also Director of Rio Novo Gold Inc. and Bowmore Exploration Ltd.
 Garth Earls Managing Director, Dalradian Gold Limited
 Ari B. Sussman
 Former Director, Geological Survey 
 Chairman and CEO of Colossus Minerals Inc. 
 of Northern Ireland CEO of Continental Gold Limited 
 5
  • 6. Exploring Northern Ireland •  Devolved government within the United Kingdom •  Currency: pound sterling •  Population: approximately 1.8 million •  The government of Northern Ireland recently invested approximately C$15 million in geological surveys to attract investment Tellus Project 6
  • 7. Northern Ireland: A Resource Rich Country Lonmin PLC is exploring for •  Excellent regional platinum and palladium infrastructure •  Our flagship asset is the Curraghinalt mesothermal high grade gold deposit •  Over 84,000 hectares under exploration •  Potential exists for further precious and base metals deposits Galantas Gold Corporation has been in 
 
 production since late 2007 Conroy Diamonds & Gold 
 
 exploring for gold along a
 50 km trend 7
  • 8. Active Resource Industry in County Tyrone •  There are approximately 150 open cast operations in the region Cavanacaw Gold Mine Sand and gravel pit 100 metres Peat Harvesting Gortin Glen Logging 8
  • 9. Curraghinalt: 3D Schematic of Veins and Adit •  Work historically focused proximal to discovery outcrop 9
  • 10. Current Drilling Program: Resource Expansion •  September 6, 2011 – Drilling at Curraghinalt intersects 8.34 metres of 5.84 g/t gold and 3.2 metres grading 5.34 g/t gold. Additional parallel veins discovered to the South of the deposit. •  June 8, 2011 – Drilling at Curraghinalt intersects 2.06 metres of 111.6 g/t gold and 1.11 metres grading 26.84 g/t gold •  April 7, 2011 – Hole 11- CT-85 cut 2.54 metres of 20.61 g/t gold •  February 28, 2011 – Hole 10-CT-76 cut 2.74 metres of 15.27 g/t gold •  December 2, 2010 – Hole 10-CT-73 cut 1.83 metres of 37.41 g/t gold •  October 14, 2010 –Two new parallel veins Please see Appendix for cross-sections. discovered 10
  • 11. Veins open at depth •  Longer holes intercept as many as nine veins •  Proximity favourable for shared infrastructure 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 386,000mN 386,200mN 386,400mN 386,600mN A E A' E' -CT 83 -87 89 11 -CT- T- -C 11 11 200mMSL 200mMSL 200mMSL 200mMSL 0mMSL 0mMSL 0mMSL 0mMSL -200mMSL -200mMSL Dalradian Resources Curraghinalt Deposit Curraghinalt Deposit Figure 3: A - A' E - E' Date:07/06/2011 (Section 256930E) Legend Date:07/06/2011 (Section 257050E) Legend Author: Dalradian Author: Dalradian Office: Gortin Intercepts reported as: Planned drillhole Shear zone Office: Gortin Intercepts reported as: Planned drillhole Shear zone True width (m), Au grade (g/t) -200mMSL Drawing: SC True width (m), Au grade (g/t) Drillhole Drawing: SC Scale: 1:3000 Projection: Non-Earth (meters) Vein (projected) Drillhole Vein (projected) complete/active -200mMSL Scale: 1:4000 Projection: Non-Earth (meters) complete/active -400mMSL Reported drillhole Vein (intersected) -400mMSL 0 25 50 100 Reported drillhole Vein (intersected) metres 386,000mN 386,200mN 386,400mN 386,000mN 386,200mN 386,400mN 386,600mN 11
  • 13. Comparing Curraghinalt Drilling to Mesothermal Model Demonstrates Potential for Expansion •  Potential exists to discover additional veins proximal to resource and new veins outside the principal zone •  System open along strike and down dip •  Additional After Colvine, A.C. et al, potential to 1989. north and south An empirical model for the formation of Archean gold deposits: Economic Geology Monograph (The Geology of Gold Deposits: The Perspective in 1988), p 37-53. 13
  • 14. Open along strike •  Glaciated terrain with minimal outcrop •  Drilling is primary exploration tool 14
  • 16. Regional Exploration Plan •  April 2011 Regional Exploration Commenced •  April – May 2011 4 Seasoned Canadian Prospectors enlisted to traditionally prospect the property which was previously underexplored. This group had a tremendous track record for new surface discoveries. •  July 2011 Dedicated drill onsite for Regional Exploration •  July 2011 Prospecting Identified 19 New Gold and Base Metal Targets: -  12 targets in Dalradian metasediments -  7 targets in Tyrone Volcanic Group 16
  • 17. Regional Exploration •  On license DG1, 461 samples with grades up to 172.9 g/t Au
 •  On license DG2, 691 samples with grades up to 112.2 g/t Au and some float samples with VMS style mineralization including one grading 8.8% Zn, 1.2% Pb, 1.7 g/t Au and 8.5 g/t Ag
 •  On license DG3, 350 samples with grades up to 209.92 g/t Au
 •  On license DG4, 261 samples with grades up to 187 g/t Au 17
  • 18. 19 Target Areas – 3 Exploration Trends   Glenlark Trend Curraghinalt Trend 18
  • 19. 19
  • 20. Dalradian: A Golden Opportunity in Northern Ireland •  Initial strategy is to explore and develop Curraghinalt mesothermal gold deposit in Northern Ireland •  Resource update in Q4 2011 •  Dalradian is exploring additional targets on its approximately 84,000-hectare Tyrone Project •  Well funded to execute on strategy 20
  • 22. Curraghinalt NI 43-101 Technical Report •  Prepared by Micon International Limited •  Dated May 10, 2010 •  Updated from November 2007 and reflects revised gold price Curraghinalt Mesothermal Gold Deposit Indicated 0.95 MT @ 13.24 g/t Au for 0.4 million contained ounces with an average width of 1.35 m Inferred 2.46 MT @ 14.64 g/t Au for 1.16 million contained ounces with an average width of 1.18 m Notes: §  Subject to a 2% NSR royalty to Minco Plc and a 4% royalty to the Crown Estate on silver and/or gold production §  Assumes US$900/oz and an economic cut-off grade of 5 g/t Au over a minimum thickness of 0.10 metres, diluted to 1 metre at 0 grade §  Using a cut-off grade of 5 g/t §  All veins less than 10 cm were excluded §  Width or vein thickness is measured at 90 degrees to the vertical §  "Vein thickness" refers to a zone of grade and may not be 100 per cent vein material §  Please see "A Mineral Estimate for The Curraghinalt Gold Deposit and A Review of a Proposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland" dated May 10, 2010 and available at www.dalradian.com 22
  • 23. Multiple High Grade Gold Veins – 43-101 Name Width Grade Depth Sheep Dip Vein 1.1 m 29.3 g/t 149.6 m 1.3 m 31.4 g/t 36.1 m Mullen Vein 1.0 m 19.3 g/t 274.0 m 1.3 m 19.6 g/t 49.9 m T-17 HW Vein 4.1 m 42.7 g/t 42.9 m 1.6 m 56.3 g/t 416.2 m T-17 Vein 3.4 m 68.1 g/t 39.6 m 1.5 m 27.0 g/t 107.0 m No. 1 Vein 2.0 m 48.7 g/t 77.0 m 1.3 m 65.7 g/t 159.8 m 106-16 Vein 2.0 m 24.0 g/t 41.5 m 3.3 m 16.9 g/t 615.7 m Road Cut Vein 1.6 m 14.1 g/t 55.5 m 1.2 m 13.9 g/t 123.1 m 23
  • 27. A Golden Opportunity in 
 Northern Ireland Patrick F. N. Anderson Chairman and
 Chief Executive Officer
 Shae-Lynn Mathers Director, Investor Relations: 416-583-5622 smathers@dalradian.com Trading Symbol: DNA on TSX Corporate Office: Dalradian Resources Inc. 155 Wellington Street West
 Suite 2920 Toronto, ON M5V 3H1 www.dalradian.com