Exploration Potential

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1 Exploration Potential Curraghinalt Project October 2011 Damien Stephens Exploration Manager

2 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. 2

3 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 3

4 4 Project Location

5 Curraghinalt Project Prospective Geology Excellent Structure Known endowment 5

6 Curraghinalt N 400m 6

7 Curraghinalt Resource South??? North 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. 200m??? +10 g/t Au Assay 7

8 Regional Prospectivity 8

9 Regional Mineralised Trends 9 Topography

10 Regional Mineralised Trends Au Grade > 50 g/t >10 g/t >2.5 g/t >0.5 g/t >0.1 g/t <0.1 g/t 10 Topography

11 Regional Mineralised Trends Au Grade > 50 g/t >10 g/t >2.5 g/t >0.5 g/t >0.1 g/t <0.1 g/t 11 Topography

12 Regional Mineralised Trends Au Grade > 50 g/t >10 g/t >2.5 g/t >0.5 g/t >0.1 g/t <0.1 g/t 12 Topography

13 Regional Mineralised Trends 13 Topography

14 DSG01- Glenlark g/t Au in Float 1.76 g/t Au in drilling 5.64% Pb+Zn in trenches Au Grade > 10 g/t >1.0 g/t >0.5 g/t >0.25 g/t >0.1 g/t 1 km Drilling Trenches EM Structure Float Au Grade 14 Magnetics (RTP)

15 DSG01- Glenlark 1.76g/t au incl. g/t Au g/t Au g/t Au 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) g/t Au EM Anomaly Surface (DTM) Interpreted mineralisa8on High Grade Au Mineralised Halo (+0.1 g/t Au) EM Anomaly Surface (DTM) 15 Oblique Section

16 Regional Mineralised Trends 16 Topography

17 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: 39.43g/t Au. Au Geochemistry DSG5 Golan Burn Drilling: 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: g/t Au Au in Outcrop and Geochemistry DSG9 Bessy Bell Outcrop 2.96g/t Au Float: g/t Au Au in Outcrop and Geochemistry DSG10 Rylagh-Glengawna Float 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 17

18 Regional Mineralised Trends 18 Topography

19 TVG04 Cashel Rock Drilling g/t Au Trenching 5.52 g/t Au Drilling Trenches Rhyolite Float Samples DOB Au > 5 ppb DOB Cu > 75ppm Soil Au Grade 500m > 10 g/t >1.0 g/t >0.5 g/t >0.25 g/t >0.1 g/t 19 Apparent conductivity

20 Regional Mineralised Trends 20

21 Other Regional Prospects Tyrone Volcanics Target Name Peak Results Target defined by TVG1 Broughderg Trench: 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 21

22 A Golden Opportunity in Northern Ireland Patrick F. N. Anderson Chairman & Chief Executive Officer Investor Relations: Shae-Lynn Mathers Trading Symbol: DNA on TSX Corporate Office: Dalradian Resources Inc. 155 Wellington Street West Suite 2920 Toronto, Ontario Canada M5V 3H1

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