Dalradian is a leading gold exploration and development company. Dalradian Resources Inc. is listed on the London Stock Exchange (AIM:DALR) and the Toronto Stock Exchange (TSX:DNA).
The Curraghinalt Gold Project is a proposed underground mine located near Gortin/Greencastle in Northern Ireland. The site is situated within the Owenreagh River catchment in a hollow screened by trees facing away from the Sperrin Area of Outstanding Natural Beauty (AONB). If approved (and subject to further study), the project is expected to last for more than 20 years. The proposed project will include the following components:
For the past six years Dalradian Gold Ltd. has been exploring for and finding gold within our license areas. Our focus has been on and around the high grade Curraghinalt deposit. The ultimate goal of this work is to build a modern underground mine that will propel Northern Ireland up the ranks of the world’s gold producers.
The parent company, Dalradian Resources Inc. listed on the London Stock Exchange (AIM:DALR) and the Toronto Stock Exchange (TSX:DNA) and through these listings has invested almost £60 million pounds in the project.
The people behind Dalradian are seasoned professionals, with a strong track record of responsibly developing projects that benefit local communities as well as investors. Our team is experienced and effective in exploring for, discovering, developing and mining high-quality projects across the world.
Exploration for gold, silver and other metals has taken place in the Gortin area since at least the 1600s
Exploration to Date
The purpose of all this work has been to build a realistic model of the known gold deposit. With such a model in hand, our independent engineers can craft a Feasibility Study on the methodology and the costs of extracting the gold from the earth. To date, the company has produced four resource estimates, the deposit model, and created two preliminary economic assessments that justified further work.
The latest mineral resource statement, which was produced by independent engineers and geologists, shows an in situ 4.4 million-ounce gold resource. This includes 2.1 million ounces in the higher-confidence Measured and Indicated categories (5.61 million tonnes at 11.61 g/t) which is more than a 100% increase over previous estimates and 2.3 million ounces in the Inferred category (7.13 million tonnes at 10.06 g/t gold).
We anticipate the completion of the Feasibility Study and submission of a comprehensive planning application by the end of 2016. We have offices in Gortin and Omagh with staff who will be pleased to answer any questions that you have about the project.
Prehistoric Ireland is famed for its incredible gold artefacts.
Why Northern Ireland
Northern Ireland is an attractive investment location for a number of reasons. First and foremost, scientific research has shown strong mineral potential in Northern Ireland.
One of the most comprehensive regional data gathering exercises in Europe, the Tellus Project, took place in Northern Ireland between 2004 and 2007. As part of that study, soil and stream samples were taken by the Geological Survey of Northern Ireland, giving a clearer picture of the mineral make-up of Northern Ireland. Our own testing has also yielded very positive results.
To date, we’ve invested almost £60million in the project, with more to follow if we proceed with mining the deposit. That’s led to the creation of over 40 jobs so far, as well as indirect and contractor jobs, to support the underground exploration program. At the height of the project we employed 127 people, both directly and indirectly.
We’re also working to provide training in mining skills that will be needed to build and operate an eventual mine at Curraghinalt.
In recent years, politicians in Northern Ireland have made real efforts to promote the region as an area that is friendly to inward investment. In addition, Northern Ireland has excellent infrastructure, making it much easier to conduct exploration and ultimately, construct and operate a mine.