Dalradian Resources Inc.
AIM : DALR

July 15, 2016 02:00 ET

Change in Shareholding

Change in Shareholding

TORONTO, ONTARIO -- (Marketwired - July 15, 2016) - Dalradian Resources Inc. (TSX: DNA/AIM: DALR) ("Dalradian"
or the "Company") was made aware on July 11, 2016 of a filing on SEDAR regarding the sale of 4,423,240 common
shares in the Company by Sprott (identified in the filing as Sprott Asset Management LP, Sprott Global Resource
Investments Ltd., Sprott Asset Management USA Inc. and Resource Capital Investment Corp.). According to the
SEDAR filing, as of June 30, 2016 and following the sale, Sprott held 15,587,171 common shares representing
7.18% of the issued share capital of the Company.

About Dalradian Resources Inc.

Dalradian Resources Inc. is a gold exploration and development company that is focused on advancing its high-
grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom. The Company is in the midst of a
work program in support of a planning (permitting) application for construction of an operating mine at
Curraghinalt. Components of the program include a feasibility study, an environmental and social impact
assessment and underground exploration (at least 950 metres of development with associated test stoping).

In May 2016, Dalradian announced an updated mineral resource estimate for Curraghinalt, including a 109%
increase in gold ounces contained in the Measured and Indicated categories compared with the 2014 resource. The
current resource consists of 2.1 million ounces of contained gold in the Measured and Indicated categories
(5.61 million tonnes at 11.61 g/t) and 2.3 million ounces of contained gold in the Inferred category (7.13
million tonnes at 10.06 g/t gold). For further information, see the NI 43-101 technical report entitled,
"Technical Report for the Northern Ireland Gold Project, Northern Ireland", dated June 17, 2016 and prepared by
Dr. Jean-Francois Couture, PGeo (APGO#0197) and Dr. Oy Leuangthong, PEng (PEO#90563867), both of SRK Consulting
(Canada) Inc. and Stacy Freudigmann, PEng (APEGBC #33972) of JDS Energy & Mining Inc.

For more information:

Marla Gale
Vice President Communications
+1 416 583 5622
investor@dalradian.com

Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / Richard Tonthat / Harrison Clarke
+44 (0)20 7383 5100

Canaccord Genuity Limited (Broker)
Henry Fitzgerald-O'Connor / Martin Davison
+44 20 7523 8000

Contact Information

  • Dalradian Resources Inc.