TORONTO, ONTARIO -- (Marketwired) -- 06/26/13 -- Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX: DNA)(OTCQX: DRLDF) is pleased to announce that Ms. Ruth Ives has joined the company as Vice-President of Project Development, effective immediately.
Ms. Ives will be driving the next stages of development of the Curraghinalt gold deposit. She brings more than 18 years of hands-on mining experience, most recently as Operations Manager of Minera Frisco's Ocampo underground narrow vein gold mine in Mexico.
Ruth previously held senior engineering and mine planning roles in over seven underground gold operations including: Kinross' QR Mine, Harmony Gold's San Antonio Mine, Placer Dome's Campbell Mine and St. Andrews Goldfields' Clavos, Taylor and Holloway Mines.
"We are thrilled to have Ruth on board at this stage in the evolution of the Curraghinalt gold deposit," states Patrick F. N. Anderson, CEO. "Her extensive planning and implementation experience in underground narrow-vein mining is directly applicable to our project."
Underground Development Next Steps
The existing underground exploration workings at Curraghinalt were developed during the late 1980s and consist of an adit tunnel and two headings along the T-17 and No. 1 veins. Dalradian plans to extend the existing adit tunnel approximately 260 m to the south, intersecting The 106-16, Bend, and Crow vein systems, and any additional veins that may exist in the footwall rocks. An internal ramp will provide access to a second level approximately 20 m below the existing workings, and headings will be advanced along a number of the veins systems on both levels. This will allow us to trace the continuity of the veins both horizontally and vertically, and will provide access for test stoping and bulk sampling.
Detailed planning for the project is currently underway, under the direction of Ms Ives, and will consist of 2,000 linear metres of underground development and the extraction of an approximately 43,000 tonne bulk sample to be used for advanced metallurgical testing.
Dalradian submitted the Planning Application for the project to the Strategic Planning Office on February 18th, 2013, following several months of detailed consultation with stakeholders and the local community. Site preparation and underground work is scheduled to begin in January 2014, following the expected receipt of the final permits in October 2013, and the expiry of a three month window where a Judicial Review may be sought. The underground portion of the project is expected to take between 12 - 18 months to complete.
About Dalradian Resources Inc.:
Dalradian Resources Inc. is a TSX-listed, Canadian based exploration company engaged in the acquisition, exploration and development of precious and base metals projects. With a European focus, our most advanced property is in Northern Ireland and around the high-grade lode gold deposit, Curraghinalt.
The Company's wholly owned subsidiary, Dalradian Gold Limited, holds a 100% interest, subject to certain royalties, in mineral prospecting licences and mining lease option agreements in counties Tyrone and Londonderry, Northern Ireland. The Department of Enterprise, Trade and Investment ("DETI") and the Crown Estate Commissioners ("CEC") have together granted to Dalradian base and precious metal mineral exploration rights to four contiguous areas collectively known as the Northern Ireland properties.
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