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Dalradian Resources, Inc. DRLDF

"Dalradian Resources Inc is a gold development and exploration company. The company is based in Canada, but it is primarily involved in the acquisition, exploration, and evaluation of mineral properties in Northern Ireland. One of the company's main assets is the Curraghinalt Gold Deposit located in Northern Ireland."


OTCPK:DRLDF - Post by User

Post by siempre33on Jun 05, 2015 7:23am
274 Views
Post# 23799768

Sprott likes Dalradian.

Sprott likes Dalradian.Some of the names that we have added to are Dalradian Resources Inc. (DNA:TSX), Lake Shore Gold Corp. (LSG:TSX) and Pretium Resources Inc. (PVG:TSX; PVG:NYSE).

TGR: Dalradian recently released an update on progress at the Curraghinalt gold project in Northern Ireland. What are the metrics you will be watching when it releases the prefeasibility study?

MS: Dalradian has been advancing its project quite nicely. We're expecting prefeasibility by the end of 2015, but before that, we're expecting an update in its resource estimate in Q3/15. We are looking for conversion of Inferred resources to Measured and Indicated resources. The company is doing an infill program, so we are looking for a demonstration of continuity and a demonstration of thickness and grades of the veins that it is exploring. Then in the prefeasibility study, we're looking for any changes in capital, operating expenses and recoveries based on metallurgical testing. The company is considering changing the processing method so that instead of shipping concentrate overseas, it will actually produce doré on site. That would be quite interesting.
https://www.theaureport.com/pub/na/sprott-fund-managers-sticky-contrarian-investors-wanted
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