Curraghinalt Deposit

A Golden Opportunity In Northern Ireland

Investor Presentation June 2011

Patrick F. N. AndersonChairman 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.

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Why Invest?

High-grade 1.5MM ounce gold resource (all categories) – Inferred: 1.16 million– Indicated: 400,000

4 drills turning and 2 more on the way– Focus on resource expansion and confirmation– Resource update planned for late 2011

84,000 ha property– Target generation started in Q1– Exploration drilling to commence mid-year

Low political risk– Northern Ireland open for business and resource friendly

Experienced management and board – Track record of discovery and development

Well funded– Approximately 30 million in cash– Management owns > 8%

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Capital Structure

Cash of approximately $30 million

TSX: DNA and DNA.WT

Shares outstanding – 69.8 millionFully diluted – 90 millionMarket cap - $106.1 millionAverage volume (3m) – 238,729

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

Management and directors hold approximately 8%

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As at June 17, 2011

The Board: A Track Record of Discovery and Development

Colin K. BennerChairman of Capstone Mining Corp.,Creston Moly Corp., and Corsa Capital Ltd.

Joseph F. ConwayCEO of Primero Mining Corp.Former CEO of IAMGOLD Corporation

Ronald P. GagelFormer SVP and CFO of FNX Mining Company Inc. Also Director of Adriana Resources Inc. andStonegate Agricom Ltd.

Thomas J. ObradovichFormer CEO of Young-Davidson Mines Ltd.Former Director of Aurelian Resources Inc.Chairman of Lago Dourado Minerals Ltd.

Sean E. O. RoosenCEO of Osisko Mining CorporationAlso Director of Rio Novo Gold Inc. andBowmore Exploration Ltd.

Ari B. SussmanChairman and CEO of Colossus Minerals Inc. CEO of Continental Gold Limited

Patrick F. N. AndersonChairman and Chief Executive OfficerFormer CEO of Aurelian Resources Inc.Also Director of Colossus Minerals Inc., Malbex Resources Inc. and Continental Gold Limited

Keith D. McKayChief Financial OfficerFormer CFO of Aurelian Resources Inc.And Director of Noront Resources Ltd.

John McCombeChief Operating OfficerDirector of Revett MineralsFormer SVP, Operating Strategy of IAMGOLD

Carson NoelExecutive Vice PresidentFormer General Manager, Aurelian Ecuador, S.A.

Garth EarlsManaging Director, Dalradian Gold LimitedFormer Director, Geological Survey of Northern Ireland

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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

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The Tyrone Project: Overview

Excellent regional infrastructure

Our flagship asset is the Curraghinalt mesothermal high grade gold deposit

Over 84,000 hectares under licence

Potential exists for further precious and base metals deposits

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Lonmin PLC is exploring for platinum and palladium

Conroy Diamonds & Gold exploring for gold along a 50 km trend

Galantas Gold Corporation has been in production since late 2007

Active Resource Industry in County Tyrone

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Cavanacaw Gold Mine Sand and gravel pit

100 metres

There are approximately 150 open cast operations in the region

Peat Harvesting Gortin Glen Logging

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Curraghinalt: 3D Schematic of Veins and Adit

Work historically focused proximal to discovery outcrop

Current Drilling Program: Resource Expansion

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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 discovered

Please see Appendix for cross-sections.

Veins open at depth

Longer holes intercept as many as nine veins

Proximity favourable for shared infrastructure

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Comparing Curraghinalt Drilling to Mesothermal Model Demonstrates Potential for Expansion

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

System open along strike and down dip

Additional potential to north and south

After Colvine, A.C. et al, 1989.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.

Open along strike

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Glaciated terrain with minimal outcrop

Drilling is primary exploration tool

Historic Prospecting Samples

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On license DG1, 461 samples with grades from 0.1 g/t Au to 172.9g/t Au

On license DG2, 691 samples with grades from 0.1 g/t Au to 201 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 from 0.1 g/t Au to 209.92 g/t Au

On license DG4, 261 samples with grades from 0.1 g/t Au to 187 g/t Au

Dalradian: A Golden Opportunity in Northern Ireland

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

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

Well funded to execute on strategy

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Appendix

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Common Shares and Warrants Outstanding at March 22, 2011

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All Canadian dollars unless otherwise stated Exercise Price Common Shares Potential Proceeds*(millions)

Common Shares 69,102,416

Warrants

Expiring August 10, 2011 2.25 13,180,500 29.7

Expiring August 10, 2011** 1.50 2,153,250 3.2

Expiring December 18, 2011 0.75 336,000 0.3

Total Warrants 15,669,750 33.2

Options

Expiring August 10, 2015 0.25 725,000 0.2

Expiring August 10, 2015 0.75 3,100,000 2.3

Expiring August 19, 2015 1.85 300,000 0.6

Expiring October 18, 2015 2.28 125,000 0.3

Expiring January 14, 2016 1.96 100,000 0.2

Total Options 4,350,000 3.6

Total Fully Diluted 89,122,166 36.8

* Proceeds are only realized if the options and warrants are exercised under the terms and conditions of the options and warrants.** If warrants are unexercised as at August 10, 2011, holders have until February 10, 2012 to purchase 1,696,500 common shares at $1.50.

Curraghinalt NI 43-101 Technical Report

Prepared by Micon International Limited

Dated May 10, 2010

Updated from November 2007 and reflects revised gold price

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Curraghinalt Mesothermal Gold DepositIndicated0.95 MT @ 13.24 g/t Au for 0.4 million contained ounces with an average width of 1.35 mInferred2.46 MT @ 14.64 g/t Au for 1.16 million contained ounces with an average width of 1.18 mNotes: 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

Multiple High Grade Gold Veins

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Name Width Grade Depth

Sheep Dip Vein 1.1 m 29.3 g/t 149.6 m1.3 m 31.4 g/t 36.1 m

Mullen Vein 1.0 m 19.3 g/t 274.0 m1.3 m 19.6 g/t 49.9 m

T-17 HW Vein 4.1 m 42.7 g/t 42.9 m1.6 m 56.3 g/t 416.2 m

T-17 Vein 3.4 m 68.1 g/t 39.6 m1.5 m 27.0 g/t 107.0 m

No. 1 Vein 2.0 m 48.7 g/t 77.0 m1.3 m 65.7 g/t 159.8 m

106-16 Vein 2.0 m 24.0 g/t 41.5 m3.3 m 16.9 g/t 615.7 m

Road Cut Vein 1.6 m 14.1 g/t 55.5 m1.2 m 13.9 g/t 123.1 m

Cross-section A to A'

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Cross-section B to B'

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Cross-section C to C'

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A Golden Opportunity in Northern Ireland

Patrick F. N. AndersonChairman and

Chief Executive Officer

Keith McKayChief Financial Officer

Trading Symbol:DNA on TSX

Executive Office:Dalradian Resources Inc.

155 Wellington Street WestSuite 2920

Toronto, ON M5V 3H1

www.dalradian.com

Shae-Lynn MathersDirector, Investor Relations:

416-583-5622smathers@dalradian.com