Dalradian Resources Inc.
AIM : DALR

July 01, 2016 02:00 ET

Dalradian Announces Director Dealing

FOR:  DALRADIAN RESOURCES INC.

TSX SYMBOL:  DNA
AIM SYMBOL:  DALR

July 1, 2016

Dalradian Announces Director Dealing

TORONTO, ONTARIO--(Marketwired - July 1, 2016) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or
the "Company") announces that it was informed on June 27 that Thomas Obradovich, Director of the Company, sold
the following shares:

----------------------------------------------------------------------------
                                             No. of Common
                                                    Shares   % of Company's
                                                Held after     total voting
Date of Sale   Shares Sold    Unit Price       Transaction           rights
----------------------------------------------------------------------------
May 18, 2016       100,000       $1.1342           271,500             0.13%
----------------------------------------------------------------------------
June 9, 2016        50,000       $1.0895           221,500             0.10%
----------------------------------------------------------------------------

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.


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

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

OR

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

OR

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

Contact Information

  • Dalradian Resources Inc.