Dalradian Resources Inc.
TSX : DNA
TSX : DNA.WT

Dalradian Resources Inc.

April 07, 2011 11:10 ET

Dalradian Continues to Extend Veins Along Strike and Down Dip at Curraghinalt; Drills 2.54 Metres Grading 20.61 g/t Gold

TORONTO, ONTARIO--(Marketwire - April 7, 2011) - Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX:DNA) (TSX:DNA.WT) continues to extend the known mineralization at its Curraghinalt Deposit in County Tyrone, Northern Ireland. As part of the company's step out drilling program two of the main resource veins have been intersected increasing both known strike and dip extent. Two drillholes stepped out 225 and 270 metres to the east of the present T17 vein resource block and intersected 2.54 metres grading 20.61 g/t gold, and 3.58 metres grading 9.50 g/t gold.

Mineralized intercepts from seven veins are reported including 5.04 metres grading 7.58 g/t gold and 0.33 metres of 244.42 g/t of gold from the No. 1 vein and 0.60 metres of 55.35 g/t of gold from the Bend vein.

Drill hole From (m) To (m) Intercept Width (m) True Width (m) Intercept Elevation (m) Au Grade (g/t) (Interpreted) Vein Name Resource Infill Resource Step-out
11-CT-77a 306.04 308.00 1.95 1.84 -25 3.67 No. 1 Yes  
11-CT-78 382.53 382.86 0.33 0.29 -175 244.42 No. 1 Yes  
11-CT-78 482.30 483.48 1.18 0.98 -275 18.75 106-16 Yes  
11-CT-79 27.72 28.00 0.28 0.26 210 67.84 106-16 Splay   Yes
11-CT-79 39.19 40.28 1.19 1.11 205 21.75 106-16 Yes  
11-CT-79 84.09 84.47 0.38 0.36 170 48.96 V75 Part Part
11-CT-79 192.82 194.30 0.44 0.42 85 15.85 Crow   Yes
11-CT-80 254.80 255.10 0.30 0.23 -85 52.62 Road   Yes
11-CT-80 551.91 552.89 0.98 0.70 -355 10.80 T17   Yes
11-CT-80 590.25 595.29 5.04 3.54 -390 7.58 No. 1   Yes
11-CT-82a 283.35 286.93 3.58 3.35 -75 9.50 T17   Yes
11-CT-83 105.05 105.86 0.81 0.74 150 34.79 V75   Yes
11-CT-84 114.40 115.00 0.60 0.49 125 55.35 Bend   Yes
11-CT-85 226.88 229.42 2.54 2.38 125 20.61 T17   Yes
Note. Only drill hole intercepts greater than 5 g/t Au over a 1 metre true width are reported.

T17 vein

Step out drillhole 11-CT-85 intersected 2.54 metres grading 20.61 g/t gold. This intercept is the furthest east drilled on the T17 vein (225 metres outside the resource envelope) and it is encouraging that width and good grade are present in this area. Drillhole 11-CT-82a intersected 3.58 metres grading 9.50 g/t gold and represents a 270 metre step out. Drillhole 11-CT-80 intersected 0.98 metres grading 10.80 g/t gold and represents the deepest drill hole on the T17 vein to date. The T17 vein now has a vertical extent of 580 metres.

No. 1 vein

Step out drill hole 11-CT-80 represents the second deepest and widest intercept on the No. 1 vein. The intercept of 5.04 metres grading 7.58 g/t gold represents a 100 metre step out and is indicative that increased vein widths are possible with increasing depth. The No. 1 vein has now been traced to a vertical extent of 720 metres. Drill hole 11-CT-78 cut the No. 1 vein within the known resource area and intercepted 0.33 metres grading 244.42 g/t gold (two check assays confirmed the grade).

106-16 vein

Drill holes 11-CT-78 and -79 intercepted the 106-16 vein within the defined resource area. 11-CT-78 cut 1.18 metres grading 18.75 g/t gold while 11-CT-79 intersected 1.19 metres grading 21.75 g/t gold and also encountered a splay in the hanging wall of the 106-16 vein grading 0.28 metres at 67.84 g/t gold.

Bend vein

Drillhole 11-CT-84 cut the Bend vein at an elevation of 125 metres and intersected 0.60 metres grading 55.35 g/t gold.

V75 vein

Two intercepts over the cut off grade are reported. Drill hole 11-CT-79 intercepted 0.38 metres grading 48.96 g/t gold on the margins of the present resource block at an elevation of 170 metres. Drill hole 11-CT-83 intersected 0.81 metres grading 34.79 g/t gold 175 metres west of the resource envelope at an elevation of 150 metres.

Crow vein

A single intercept on the Crow vein was above cut off. Drill hole 11-CT-79 intercepted 0.44 metres grading 15.85 g/t gold at an elevation of 85 metres. This is the furthest west the Crow vein has been intersected.

Road vein

Only one rig was sited far enough north to intercept the Road vein. Drill hole 11-CT-80 intersected 0.30 metres grading 52.62 g/t gold at an elevation of -85 metres. This is the deepest the Road vein has been intersected and now has a vertical extent of 250 metres.

Qualified Person

EurGeol Garth Earls, Managing Director, Dalradian Gold Limited, is the Qualified Person who supervised the preparation of the technical data in this news release.

Omac Laboratories Ltd. (ISO/IEC 17025 accredited) of Loughrea, Republic of Ireland, performed the assays.

Dalradian Resources Inc.: A golden opportunity in Northern Ireland

Dalradian is a Canadian-based exploration company working to increase its gold resources at its approximately 84,000-hectare Tyrone Project, which encompasses its flagship Curraghinalt mesothermal gold deposit, in counties Tyrone and Londonderry in Northern Ireland. Its active exploration program is underway with four drill rigs operating at the site. Curraghinalt hosts an NI 43-101 compliant indicated mineral resource of 0.95 MT grading 13.24 g/t gold for 400,000 contained ounces and inferred mineral resource of 2.46 MT grading 14.64 g/t gold for 1.16 million contained ounces. Dalradian's NI 43-101 report, "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" is dated May 10, 2010, and prepared by Micon International Limited. Dalradian's common shares and warrants are listed on the Toronto Stock Exchange under the symbols DNA and DNA.WT respectively. For further information, please see www.dalradian.com.

Forward-looking Information

This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, future work programs, capital expenditures and objectives. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results (including mineralization) and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in the Company's prospectus under the heading "Risk Factors." There can be no assurance that such information will prove to be accurate, as actual results (including mineralization) and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

To view Figure 1, please visit the following link:
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