Exploration...

Exploration Potential

Curraghinalt Project

October 2011 Damien Stephens

Exploration Manager

Forward-Looking Information and Qualified Person

This presentation contains “forward‑looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company, 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 and limitations of insurance coverage. 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 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 beat levels that render the project economic, or that the company will be able to continue raising the necessary capital to finance its operations and realize on mineral resource estimates.

Forward‑looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company 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; actual results of reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of metals; possible variations of ore grade or recovery rates; 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.

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.

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”).

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

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Table of Contents

Slide 1. PROJECT LOCATION

Slide 2. CURRAGHINALT GEOLOGY

Slide 3. CURRAGHINALT RECENT DRILLING

Slide 4. ALONG STRIKE POTENTIAL

Slide 5. DOWN DIP AND ACROSS STRIKE POTENTIAL

Slide 7. REGIONAL TRENDS

Slide 8. GLENLARK

Slide 9. DALRADIAN POTENTIAL

Slide 10. CASHEL ROCK

Slide 11. TYRONE VOLCANICS POTENTIAL

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Project Location

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Curraghinalt Project

§  Prospective Geology

§  Excellent Structure

§  Known endowment

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Curraghinalt

400m

N

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Curraghinalt Resource

Previous Resource

§  0.4 Moz at13.24 g/t Au indicated

§  1.16 Moz at 14.64g/t Au

§  Open in All directions * except up.

South

North

200m +10 g/t Au Assay

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Regional Prospectivity

§  List

§  List

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Regional Mineralised Trends

Topography

§  List

§  List

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Au Grade > 50 g/t >10 g/t >2.5 g/t >0.5 g/t >0.1 g/t <0.1 g/t

Topography

§  List

§  List

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Topography

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Topography

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Topography

•  141.2 g/t Au in Float

•  6m @ 1.76 g/t Au in drilling

•  9.5m @ 5.64% Pb+Zn in trenches

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DSG01- Glenlark

Drilling Trenches EM Structure Float Au Grade

Au Grade

> 10 g/t >1.0 g/t >0.5 g/t >0.25 g/t >0.1 g/t

Magnetics (RTP)

1 km

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DSG01- Glenlark

Oblique Section

Au Grade (g/t) down hole +10 g/t +2.5 g/t +0.5 g/t Interpreted mineralisation High Grade Au Mineralised Halo (+0.1 g/t Au) EM Anomaly Surface (DTM) Interpreted mineralisa8on

High Grade Au Mineralised Halo (+0.1 g/t Au)

EM Anomaly

Surface (DTM)

1.97m @2.08 g/t Au

0.75m @8.11 g/t Au

6m @ 1.76g/t au incl. 3.5m @2.15 g/t Au

1.5m @8.11 g/t Au

§  List

§  List

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Topography

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Other Regional Prospects – Dalradian

Target Name Most significant samples Target defined by DSG2 Scotch-Town Float: 10.52g/t Au from float. Au Geochemistry

DSG3 Curraghinalt East Float: 44.96g/t Au Au Geochemistry

DSG4 Alworries Channel: 0.88m @ 39.43g/t Au. Au Geochemistry

DSG5 Golan Burn Drilling: 0.6m @ 61.43g/t Au. Float: 13.7 g/t Au Drilling and Geochemistry

DSG6 Owenkillew Valley Float: 22.4g/t Au Au Geochemistry

DSG7 Owenreagh Valley Float: 11.68g/t Au Au Geochemistry

DSG8 Gortin Glen Float: 202.92 g/t Au Au in Outcrop and Geochemistry

DSG9 Bessy Bell Outcrop 2.96g/t Au Float: 100.31 g/t Au Au in Outcrop and Geochemistry

DSG10 Rylagh-Glengawna Float 150.8 g/t Au. Au in Outcrop and Geochemistry

DSG11 Coneyglen Float: 13.4 g/t Au Outcrop 3.04 g/t Au Au in Outcrop and Geochemistry

DSG12 Glenerin Outcrop: 2.07g/t Au. Au in Outcrop and Geochemistry

DSG13 Glenmacoffer Float: 59.2 g/t Au Au in Outcrop and Geochemistry

§  List

§  List

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Topography

§  Drilling 3.63m @ 30.12 g/t Au

§  Trenching 10.9m @ 5.52 g/t Au

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TVG04 – Cashel Rock

Drilling Trenches Rhyolite Float Samples DOB Au > 5 ppb DOB Cu > 75ppm Soil Au Grade

> 10 g/t >1.0 g/t >0.5 g/t >0.25 g/t >0.1 g/t

Apparent conductivity

500m

§  List

§  List

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Other Regional Prospects – Tyrone Volcanics

Target Name Peak Results Target defined by

TVG1 Broughderg Trench: 1.5m @ 4.36g/t Au Magnetic high, historical drilling, trenching + Geochemistry

TVG3 Mulnafye Float: 71.5 g/t Au Au Geochemistry

TVG5 Bonnety Bush Float: 4.54 g/t Au in ironstone EM, IP, magnetics, Zn-Cu and Au Geochemistry

TVG6 Crosh-Racolpa Float: 9.34 g/t Au EM + Au geochemistry and outcrop.

TVG7 Tullybrick Float: 1.87g/t Au in float EM and IP, Zn-Cu and Au geochemistry, + outcrop

TVG8 Formil Float: 9.66 g/t Au. Float: 2.87 % Zn, 0.33% Cu and 2.53 % Pb. EM, IP and Magnetics , Au, Z, Cu geochemistry

TVG9 Crouck-Aghascrebagh Drilling: 52cm at 1.9% Pb+Zn, 0.48 g/t Au. And 6cm at 20.5 g/t Au. Float:15.4g/t Au, 1.2% Pb and 8.84 % Zn.

EM, drilling and AU, Pb & Zn geochemistry

A Golden Opportunity in Northern Ireland

Patrick F. N. Anderson

Chairman & Chief Executive Officer

Investor Relations: Shae-Lynn Mathers

416-583-5622 [email protected]

Trading Symbol:

DNA on TSX

Corporate Office: Dalradian Resources Inc.

155 Wellington Street West Suite 2920

Toronto, Ontario Canada M5V 3H1

www.dalradian.com

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