Mar 1 2011
Dalradian Resources Inc. (TSX:DNA) (TSX:DNA.WT) has increased the extent of known mineralization both at depth and along strike at its Curraghinalt Deposit in County Tyrone, Northern Ireland.
Mineralized intercepts from 8 veins are reported including 2.74 metres of 15.27 g/t of gold at the recently discovered Bend vein and 0.85 metres of 63.35 g/t of gold at the Mullan vein.
"We are beginning to see results from the additional drill rigs added to the project in December 2010. The current four-rig program is designed to test outside the known resource envelope at depth, and along strike, and to determine the extent of newly discovered veins. Two of the rigs are targeting at depth below the resource, incrementally stepping down the vein system. Our other two rigs are focused on extending the shallow mineralization and are lengthening the strike of our recently discovered Crow and Bend veins," says Patrick F. N. Anderson, Chairman and CEO of the company.
Drill hole 10-CT-75
This hole confirmed width and grade in the T17, No 1 and 106-16 veins with infill intercepts. It extended the V75 vein, with a step out intercept 185 metres down dip, hitting 0.52 metres of 28.37 g/t of gold.
Drill hole 10-CT-76
This hole hit the V75 vein 40 metres west of 10-CT-75, with a step out intercept of 0.55 metres at 12.38 g/t of gold. It extended the depth of Bend vein with a step out intercept hitting 2.74 metres at 15.27 g/t of gold 520 metres below surface. Another infill intercept hit 0.72 metres of 19.90 g/t gold in the Mullan vein and extended the T17 vein 92 metres along strike, intercepting 1.52 metres at 5.2 g/t gold. Additionally, the No. 1 and 106-16 veins, both in the resource estimate, were confirmed, albeit at reduced grades.
Drill hole 10-CT-77 and 11-CT-77a
10-CT-77 was partially redrilled as 11-CT-77a after difficult drilling conditions in the Kiln Shear Zone were encountered. Drill hole 10-CT-77 confirmed the Mullan vein extends 190 metres along strike and intercepted 0.75 metres grading 10.29 g/t gold. It also extended the T17 vein 255 metres along strike, intercepting 1.25 metres of 6.1 g/t gold. Both veins were extended beyond the limits of the resource estimate.
Drill hole 11-CT-78
This hole intercepted the Mullan and T17 veins outside the limits of the resource estimate. The Mullan, with 0.85 metres at 63.35 g/t of gold, has been extended 40 metres west along strike from drill hole 10-CT-76. The T17 vein, which intercepted 4.74 metres of 13.12 g/t gold, was extended to depth a further 115 metres from previously reported (NR: February 3, 2011). The Road vein, not included in the resource estimate, intercepted 1.05 metres of 10.43 g/t gold. An infill intercept on the Sheep Dip vein returned 1.16 metres of 18.03 g/t gold within the resource.
2011 Exploration Program
Two rigs are focused on extending mineralization to depth outside the resource envelope. These rigs have the capability to test depths in excess of 1000 metres.
Two other rigs are drilling shallower depths along the strike of the deposit, testing lateral continuity of the mineralization outside of the resource envelope.
The company is planning to commence a regional exploration program in April.
The company is well funded to pursue its 2011 exploration program.
Qualified Person
Vaughan Williams, P. Geo, Eur. Geol., Project Manager, Aurum Exploration Services, is a consultant to the company, is the Qualified Person who supervised the preparation of the technical data in this news release.
Source: Dalradian Resources Inc.