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Dalradian receives funds at a premium

Dalradian Resources (CN:DNA) has raised C$84.75 million (US$67.9 million) through a private placement with Orion Mine Finance and Osisko Gold Royalties (CN:OR), which will go some way to developing the high-grade Curraghinalt gold project in Northern Ireland.

Dalradian receives funds at a premium Dalradian receives funds at a premium Dalradian receives funds at a premium Dalradian receives funds at a premium Dalradian receives funds at a premium

The US$67.9 million funding will go towards developing the Curraghinalt project in Northern Ireland

The explorer has been working on moving Curraghinalt into production over the next few years and has gained interest by defining a 5.2 million tonne reserve grading 8.54g/t Au and 3.9g/t Ag for 1.