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Dalradian Resources Inc.
Summary
| Project: | Curraghinalt | |
|---|---|---|
| Deposit: | Curraghinalt | |
| Location: | Northern Ireland | |
| Commodities: | Gold-Silver | |
| Date: | 5/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-5-2017: Dalradian Resources Inc. announces an Exploration/Drilling Update report for its Curraghinalt deposit at the Curraghinalt project. Drilling results incl. 2.04m @ 63.98g/t Au from 139.81m. TORONTO, May 31, 2017 /Marketwired/ - Dalradian Resource | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Eric Tremblay, Greg Hope (Internal) | |
| ABSTRACT: | TORONTO, May 31, 2017 /Marketwired/ - Dalradian Resources Inc. (TSX:DNA; AIM:DALR) ("Dalradian" or the "Company") announces additional results from its underground drill program at the Curraghinalt gold deposit in Northern Ireland. The Company concluded its most recent phase of drilling in May, having completed approximately 9,580 metres in 27 holes. Results are still pending for 9 holes. Preparations are underway to drill approximately 30,000 metres from surface this summer, consisting of primarily step-out holes. Patrick F.N. Anderson, Dalradian's President and CEO, commented:"Our drilling continues to demonstrate the high-grade nature of the Curraghinalt deposit. We expect to release one more round of results from underground drilling and soon will commence a surface drill program to test the strike extensions of the deposit. I am also pleased to report that since the end of March we have raised an additional $1 million through warrant exercises." Details of underground drilling at Curraghinalt Results are being reported for 9 drill holes for a total of 3,267 metres located in the central part of the Curraghinalt deposit (see plan map and one cross section at http://www.dalradian.com/news-and-events/news-releases/news-releases-details/May-31-2017-News-Release-Figures). These holes were drilled at varying intervals targeting some of the veins included in the last mineral resource estimate (see the Company's Technical Report, as defined below, dated January 25, 2017) 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. Most drill holes were oriented generally towards the south in order to intercept the steeply north dipping vein array. All of the holes were drilled from underground | |
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