Dalradian Resources Commences Underground Exploration, Pre-Feasibility Study for Curraghinalt

Dalradian Resources (TSX:DNA) has started surface work as the first stage of planned underground exploration at its Curraghinalt gold project in Northern Ireland. The exploration work is being conducted in support of a pre-feasibility study for the project.

As quoted in the press release:

Local contractor FP McCann was awarded the surface works portion of the program and they are currently on site (see photos below). SRK Consulting (Canada) Inc. has been appointed as principal consultant on the PFS and has begun work. The PFS is part of a work program over the next 12-15 months with a fully-funded budget of approximately C$30 million and the goal of submitting a planning application for mine construction at Curraghinalt.

Dalradian CEO, Patrick F. N. Anderson, said:

With funding and planning permission in hand for our Underground Program, we are pressing full-steam ahead to move Curraghinalt toward production. The Curraghinalt gold project is a premium product in a scarcity market, with strong economics, high gold grade, low-capex and a good jurisdiction. We’re anticipating a very eventful year ahead as we de-risk the project and hit numerous milestones leading up to submission of a planning application for a full operation, including the completion of a detailed EIA and an underground drilling program of approximately 20,000 metres.

Click here to read the Dalradian Resources (TSX:DNA) press release