June 23, 2017

Patrick F.N. Anderson

AGM

President & CEO

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FORWARD-LOOKING INFORMATION AND QUALIFIED PERSON

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This presentation contains “forward looking information” which may include, but is not limited to, statements with respect to the future financial or operatingperformance of the Company and its subsidiaries (collectively, “Dalradian”) and its mineral projects, the future price of metals, the estimation of mineral resources, therealization of mineral resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures,costs and timing of the development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of miningoperations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pendingregulatory matter and the realization of the expected production, economics and mine life of the Curraghinalt gold deposit. Often, but not always, forward lookingstatements can be identified by the use of words and phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,“anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”,“would”, “might” or “will” be taken, occur or be achieved.

Forward looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptionssuch as the continued political stability in Northern Ireland, that permits required for Dalradian’s operations will be obtained on a timely basis in order to permitDalradian to proceed on schedule with its planned exploration and mine development, construction and production programs, that skilled personnel and contractorswill be available as Dalradian’s operations continue to grow, that the price of gold will be at levels that render Dalradian’s mineral projects economic, that the Companywill be able to continue raising the necessary capital to finance its operations and realize on mineral resource and mineral reserve estimates and current mine plansand that the assumptions, qualifications, parameters and methods contained in the Technical Report FS (as defined below) are accurate and complete, that the resultsof the ESIA will be positive and that a permitting application for mine construction will be approved.

Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements ofDalradian to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factorsinclude, among others, general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; theactual results of reclamation activities; conclusions of economic evaluations; meeting various expected cost estimates; changes in project parameters and/or economicassessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceedestimated costs; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; politicalinstability; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed inthe section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2016 dated March 23, 2017 (the “AIF”).

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described inforward looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward lookingstatements contained herein are made as of the date of this presentation and the Company disclaims any obligation to update any forward looking statements,whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forwardlooking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readersshould not place undue reliance on forward looking statements.

Certain scientific and technical data in this presentation is based on and was derived from the Technical Report Feasibility Study (the”Technical Report FS”) titled “NI43-101 Feasibility Study Technical Report on the Curraghinalt Gold Project Northern Ireland” with an effective date of December 12, 2016, prepared by: (i) GarettMacdonald, P.Eng.; Michael Makarenko, P.Eng., Stacy Freudigmann, P.Eng. and Indi Gopinathan, P.Eng., each of JDS Energy & Mining Inc. (“JDS”); (ii) William Harding,C.Geol. of SRK Consulting (UK) Ltd.; and (iii) Jean-François Couture, P.Geo., Bruce Murphy, P.Eng., and Cam Scott, P.Eng., each of SRK Consulting (Canada) Inc. Each ofthe authors of the Technical Report FS is a “qualified person” within the meaning of NI 43-101. See “Interests of Experts”. The scientific and technical data containedherein is subject to and qualified by all of the assumptions, qualifications and procedures described in the Technical Report FS, as applicable. Mineral resources that arenot mineral reserves do not have demonstrated economic viability.

Eric Tremblay, P.Eng., Chief Operating Officer, and Greg Hope, M.Sc., MAIG, Exploration and Geology Manager with Dalradian Resources Inc., are the Qualified Personswho have reviewed and approved the scientific and technical information in this presentation.

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MINCO ROYALTY ACQUISITION - IRISH TAKEOVER RULES

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Until the Minco Royalty Acquisition has closed, Dalradian must adhere to anumber of restrictions on public statements, including but not limited to:

▪ No disclosures of any “material new information” or expressions of any“significant new opinion”

▪ No statements which, even if not factually inaccurate, may misleadshareholders

▪ No estimates of the anticipated financial effects of the takeover (including,an estimate of a resulting change in profit, cash flow, operating costs orearnings per share)

▪ Restrictions on referring to Feasibility Study (FS) and offer for Minco

▪ No disclosure of information/ opinions amounting to profit forecasts andasset valuation

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▪ Resource update expanded total ounces and doubled M&I1

▪ Deposit still open in all directions1

▪ Added 2 new licences; land package now totals 120,000 ha with many gold showings2

Geology

▪ All political parties in NI focused on economy and job creation

▪ Simple and transparent permitting process

▪ Submission of Planning Application during 2017

Jurisdiction

▪ Positive results from 3 test stopes and milling reconciliation3

▪ Simple flow sheet and metallurgy4

▪ 94% gold recovery4

Engineering

▪ $34 million in warrants exercised to date

▪ Additional warrants on issue with potential to provide a further CAD$39 million if exercised7

Financing

▪ Base-case FS demonstrated economic rationale for developing Curraghinalt5

▪ 2017 program of drilling, geotechnical and ore-sorting testing6

▪ Permit a mine

▪ Continue to improve quality and value of Curraghinalt Gold Project

Feasibility Study Strategy

2016 ACCOMPLISHMENTS (including subsequent period)

1 Refer to press release dated May 5, 2016 2Refer to press release dated July 6, 2016 3Refer to press releases dated September 14, 2016 and December 8th, 2016 4Refer to press release dated June 22, 2016 5Refer to press release of December 12, 2016 6Refer to press release dated March 27, 2017 7Refer to Dalradian’s Annual Report posted March 27, 2017 for full details on outstanding warrants

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STOCK PRICE PERFORMANCE

$0.50

$0.75

$1.00

$1.25

$1.50

$1.75

$2.00

Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17

Michael CurranTyron Breytenbach

Andrew Mikitchook

Eric ZaunscherbStephen Walker

Ryan Walker

$1.57June 22, 2017

Craig Stanley

Adam Melnyk

Jonathan Guy

24 million warrants at $1.04 expire

Oct 7, 2017

15 million warrants at $1.50 expire July 31, 2017

SHARE CAPITALIZATION AND CASH POSITION

Shares outstanding of 251 million and fully diluted of 302 million as of June 2017

Cash position of $36 million as of March 31, 2017

ANALYST COVERAGE

Data provided by TSX Infosuite. All dollars quoted in $ CAD

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RESOURCES & RESERVES

▪ Since 2010, we have grown the resource more than 7-fold over 4 updates▪ Based on more than 130,000 m of drilling and ~1,700 m of underground development

▪ High-grade gold resource open in all directions1

▪ Measured: 0.03 MT grading 26.99 g/t Au for 25,000 contained ounces▪ Indicated: 5.58 MT grading 11.53 g/t Au for 2.07 million contained ounces▪ Inferred: 7.13 MT grading 10.06 g/t Au for 2.31 million contained ounces

▪ Reserves of 1.44 million ounces (5.24 Mt @ 8.54 g/t Au)1 Refer to Technical Report FS filed on SEDAR

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RESOURCE EXPANSION

1 Refer to Technical Report FS2 2a 12-CT-173 drilled at 150/-60; 2b and 2c 12-CT-162 drilled at 180/-55; 2b from 186.00m - 188.22m, 2c from 229.08m - 230.55m; true width undetermined3 11-CT-99 drilled from 471.14-474.34m4 12-CT-167 drilled from 201.93-204.40m5 12-CT-154

Vein and Vein Intersections

Curraghinalt

Deposit

Curraghinalt DepositResource effective as of May 2016

1–

Measured: 0.03 Moz Au (0.03 MT @ 26.99 g/t)

Indicated: 2.07 Moz Au (5.58 MT @ 11.53 g/t)

Inferred: 2.31 Moz Au (7.13 MT @ 10.06 g/t)

Attagh Burn2.47m @ 18.99 g/t Au

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Alwories Discovery Holes2

4.72m @ 14.82 g/t Au2a

2.22m @ 14.10 g/t Au2b

1.47m @ 23.60 g/t Au2c

900 m Step-out 0.65m @ 15.04 g/t Au5

400 m Step-out

3.2m @ 5.34 g/t Au3

Proposed

mill site

Curraghinalt

Deposit

12km

Curraghinalt

Trend

Rylagh

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HIGH GRADE REGIONAL DISCOVERIES

Fallagh

Rylagh

1

kilometres

0 2

1

kilometres

0 2kilometres

0 5

SAMPLES1 - New Discovery50cm @ 139.5 g/t Au (F11601)

10-15cm @ 1.37 g/t Au (F11627)

50cm @ 168 g/t Au (F36011)

50cm @ 42.4 g/t Au (F36011)

SAMPLES2

30.30 g/t Au (B0641)

29.20 g/t Au (B0633)

17.25 g/t Au (B0625)

11.65 g/t Au (B0627)

Curraghinalt

Deposit

Curraghinalt

Deposit

12km

Curraghinalt

Trend

Rylagh

1 See press release dated December 2, 2015 for details 2 See press release dated January 22, 2013 for details

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▪ New licence areas DG5/DG6 added in June 2016

▪ DG5 and DG6 anomalies are the largest on our licences outside of Curraghinalt

▪ Soil sampling, panning and stream sediment sampling on all six licences

▪ Over 120,000 hectares under licence

REGIONAL EXPLORATION

Note: All data can be found in the Technical Report FS

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2017 WORK PROGRAM

▪ 40,000 metres of infill, step-out and geotechnical drilling

▪ Additional geotechnical studies and ore-sorting tests

SUMMARY

DNA HIGHLIGHTS

▪ Large, high-grade vein system

▪ Technical work ongoing to expand Curraghinalt, with a focus on reserves

▪ Business-friendly jurisdiction with transparent permitting

▪ Planning Application is nearing completion