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UNITED STATES

TORONTO, July 28, 2010 – Dalradian Resources Inc. (“Dalradian” or the “Company”) received a letter on July 21, 2010, from legal counsel engaged by David C. Knight and Carlin Trend Mining Supplies and Services (“Carlin Trend”) seeking payment of approximately US$172,000 as reimbursement for debts incurred by C3 Resources Inc. (“C3”) in respect of Dalradian’s Northern Ireland mining properties and the right to subscribe for an undetermined number of shares in the Company (collectively, the “Payment”).

Mr. Knight and Carlin Trend claim that the Payment is owed to them in connection with the assignment of the rights and obligations of C3 under an agreement (the “Option Agreement”) granting C3 the option to acquire an equity interest in Dalradian Gold Limited. The Option Agreement was transferred to Dalradian pursuant to an assignment and assumption agreement (the “Assignment Agreement”) in consideration for $100,000, which consideration was paid. There was no provision or reference to the Payment in the Assignment Agreement and neither Mr. Knight nor Carlin Trend has been able to provide Dalradian with a written agreement which provides for the Payment demanded.

Dalradian believes that the allegations of Mr. Knight and Carlin Trend are without merit and intends to defend the allegations vigorously.

As a result of the letter received, closing of the Company’s financing will be delayed until the earlier of the resolution of this matter to the satisfaction of the Company and the filing with, and clearance by, the securities regulatory authorities of an amendment to the Company’s amended and restated final prospectus dated July 14, 2010.

For further information, please contact:
Annemarie Brissenden
Director, Investor and Corporate Relations
Telephone: 416.572.2299
Email: investor@dalradian.com

Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable law. Generally, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. All forward-looking statements and forward-looking information are based on reasonable assumptions that have been made by the Corporation as at the date of such information. Forward-looking statements and forward-looking information are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking statements and forward-looking information, including but not limited to, the uncertainty relating to the outcome of the claims made by Mr. Knight and Carlin Trend. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or forward-looking information. The forward-looking statements and forward-looking information contained in this press release are included for the purpose of providing investors with information to assist them in understanding the offering as well as the Corporation’s expected financial and operational performance and may not be appropriate for other purposes. Dalradian does not undertake to update any forward-looking statement or forward-looking information that is included herein, except in accordance with applicable securities laws.