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Dalradian Resources Inc.

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Summary

Project:

Curraghinalt

Deposit:Curraghinalt
Location:Northern Ireland
Commodities:Gold-Silver
Date:10/2/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:2-10-2017: Dalradian Resources Inc. announces an Exploration/Drilling Update report for its Curraghinalt deposit at the Curraghinalt project. Drilling results incl. 1.21m @ 76.22g/t Au from 70.15m. TORONTO, ONTARIO--(Marketwired - Oct. 2, 2017) - Dalradia
Resources:(Not mentioned in this report)
CP/QP:[Overall Report]: Eric Tremblay (Internal)
ABSTRACT:TORONTO, ONTARIO--(Marketwired - Oct. 2, 2017) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") announces the preliminary results from surface drilling at the Curraghinalt gold deposit in Northern Ireland. This drilling commenced in the summer with 5 drill rigs on surface focused on completing up to 30,000 metres of step-out and infill drilling. Included in today's results are nine step-out drill holes, all of which encountered extensions of the veins at Curraghinalt. The Company is also reporting results from six underground infill drill holes. Drilling continues, with a total of 8 rigs operating (3 underground), to complete the planned 40,000 metre drill program. Patrick F.N. Anderson, Dalradian's President and CEO, commented: "The results from this first series of step-out drill holes are very exciting. These wider spaced, first pass results show continuity four hundred metres to the west in at least some of the high-grade Curraghinalt veins. In addition, infill drilling continues to deliver the expected good results, building toward an updated resource estimate." Results are being reported for 15 drill holes for a total of 6,324 metres. Six of the drill holes were drilled from underground and are in the central part of the Curraghinalt deposit. These holes were drilled at varying intervals targeting some of the veins included in the last mineral resource estimate in zones where increased drill-hole density would likely result in conversion of resource ounces from the Inferred to the Indicated category. Some of the drill holes were designed to also yield geotechnical data for a planned update of the geotechnical model during 2017.

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