The Curraghinalt Deposit is a high-grade mesothermal gold system located near the centre of our property in Counties Tyrone and Londonderry. It hosts an NI 43-101 compliant:

• Indicated mineral resource of 0.95 MT grading 13.24 g/t gold for 0.40 million contained ounces
• Inferred mineral resource of 2.46 MT grading 14.64 g/t gold for 1.16 million contained ounces

Curraghinalt consists of at least seven primary gold-bearing veins, ranging in width from 0.5 to 3.0 metres. It remains open along strike and down dip. Regional geochemical, mapping and sampling work suggests additional veins may exist peripheral to the resource and outside the main zone.

To date, approximately 26,000 metres of drilling has been done in more than 250 drill holes. A 412-metre adit, 225 metres of lateral drifts and a 60-metre ventilation raise were all constructed during an earlier underground development program.

Micon International Limited published its independent technical report, "A Mineral Resource Estimate for the Curraghinalt Gold Deposit and a Review of a Proposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland," on May 10, 2010. Prepared by B. Terrence Hennessey, P. Geo., and Dibya Kanti Mukhopadhyay, M.Cs., MAusIMM, this report updated a November 2007 report, which Micon also prepared and delivered to Tournigan, the previous operator of the Tyrone Project.

A 2% net smelter return royalty on the Curraghinalt Deposit (as defined in the royalty agreement dated December 13, 2004 between Ulster Minerals (now Dalradian Gold Limited, "DGL") and Minco Plc) is payable by DGL to Minco Plc, or its nominee, and a 4% royalty will be payable to the Crown Estate Commissioners based on the selling price of any silver and gold produced at the Tyrone Project. 

Figure		Size	Type
	Figure 1: Location Map	50.9 KB
	Figure 2: CT-26 cross section, 2006	312 KB
	Figure 3: 3D representation of Curraghinalt veins	1 MB
	Figure 4: Genetic model of Mesothermal Deposit	640.3 KB