Dalradian Intersects Gold In Step-Out Drilling At Curraghinalt

 

TORONTO, ON - Dalradian Resources Inc. reported preliminary results from surface drilling at the Curraghinalt gold deposit in Northern Ireland. This drilling commenced in the summer with 5 drill rigs on surface focused on completing up to 30,000 meters of step-out and infill drilling. Included in today's results are nine step-out drill holes, all of which encountered extensions of the veins at Curraghinalt. The Company is also reporting results from six underground infill drill holes. Drilling continues, with a total of 8 rigs operating (3 underground), to complete the planned 40,000 meter drill program.

Patrick F.N. Anderson, President and CEO said, "The results from this first series of step-out drill holes are very exciting. These wider spaced, first pass results show continuity four hundred meters to the west in at least some of the high-grade Curraghinalt veins. In addition, infill drilling continues to deliver the expected good results, building toward an updated resource estimate."

Results are being reported for 15 drill holes for a total of 6,324 meters. Six of the drill holes were drilled from underground and are in the central part of the Curraghinalt deposit. These holes were drilled at varying intervals targeting some of the veins included in the last mineral resource estimate in zones where increased drill-hole density would likely result in conversion of resource ounces from the Inferred to the Indicated category. Some of the drill holes were designed to also yield geotechnical data for a planned update of the geotechnical model during 2017. The remaining nine drill holes were drilled from  surface targeting extensions to the west of veins included in the last resource. Most drill holes were oriented generally towards the south in order to intercept the steeply north dipping vein array.