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Last C$0.71 CAD
Change Today +0.01 / 1.43%
Volume 730.6K
As of 3:59 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

dalradian resources inc (DNA) Snapshot

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52 Week High
05/29/15 - C$1.16
52 Week Low
10/30/14 - C$0.46
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dalradian resources inc (DNA) Details

Dalradian Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Northern Ireland. It primarily explores for gold and silver. The company 100% interest in prospecting licenses and mining lease options covering an area of 84,000 hectares located in the counties of Tyrone and Londonderry, Northern Ireland. Its flagship project is the Curraghinalt gold project located in the Northern Ireland properties. The company was formerly known as SA Resources Inc. and changed its name to Dalradian Resources Inc. in April 2010. Dalradian Resources Inc. was incorporated in 2009 and is headquartered in Toronto, Canada.

50 Employees
Last Reported Date: 03/25/15
Founded in 2009

dalradian resources inc (DNA) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: C$400.0K
Chief Financial Officer
Total Annual Compensation: C$400.0K
Vice President of Communications and Corporat...
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2014.

dalradian resources inc (DNA) Key Developments

Dalradian Resources Inc. Reports Drilling Results of Curraghinalt Gold Deposit in Northern Ireland

Dalradian Resources Inc. reported results from its ongoing infill drilling program at the Curraghinalt Gold Deposit in Northern Ireland. Final results are being reported for 25 drill holes located in the central part of the Curraghinalt deposit. These holes were drilled at varying intervals towards the south, targeting most of the veins included in the last mineral resource estimate. In addition, three new veins were interpreted as a result of the infill drill program results to date: the Slap shot, Sperrin, and Causeway veins. Holes 15-CT-220 through 15-CT-233, 15-CT-242 and 15-CT-243 were drilled from underground, while 15-CT-215, 15-CT-217, 15-CT-234 through 15-CT-241 and 15-CT-252 through 15-CT-255 were drilled from surface. These 25 drill holes represent 8,438.5 metres of the 30,000 metre infill drilling program. To date 50 holes for 14,204.5 metres in total have been released, with results for the remaining drill holes to be released as they are received, compiled and interpreted. The purpose of the infill program is to convert resource ounces from the Inferred to the Indicated category, in support of a feasibility study currently underway. The drill program covers only 45% of the 1.7 kilometre strike length of the current Curraghinalt resource and to a depth of approximately 450 metres from surface. The mineralized veins and zones intercepted by these drill holes correlate with the current vein wireframes, and confirm their high-grade nature. The increased drill hole density has also facilitated the interpretation of three additional veins: Slap shot, Sperrin and Causeway.

Dalradian Resources Inc. Announces Executive Changes

Dalradian Resources Inc. announced a downsizing and restructuring of the Company's management team and corporate office relocation. These changes are expected to result in annual savings of nearly 20% to the Company's general and administrative costs. Tim Warman, President and Ruth Ives, VP Project Management, have left Dalradian, effective immediately. Their responsibilities have been assumed by Eric Tremblay, Dalradian's Chief Operating Officer (COO) and Patrick F. N. Anderson, Chief Executive Officer (CEO). In addition, Keith McKay, Chief Financial Officer (CFO), will be retiring during 2016 once a replacement has been found and a transition period is complete.

Dalradian Resources Plans Land Acquisitions

Dalradian Resources Inc. (TSX:DNA) intends to acquire land. The company stated: “Subsequent to the end of Q2 2015, the Company added to its surface rights for a potential mill site in proximity to the Curraghinalt gold deposit. Additional land acquisitions are targeted for the remainder of 2015 and will be reported on a quarterly basis if and when they occur.”


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