Dalradian plans to dig deep for Northern Irish gold: Reuters
Canadian miner Dalradian Resources Inc has filed a planning application and secured a new tranche of funds to build Northern Ireland’s first major underground gold mine, Reuters reported. Dalradian acquired mineral rights in 2009 to more than 80,000 hectares of land in Northern Ireland, including the Curraghinalt gold deposit. This week it announced that it had submitted the planning application and secured an extra $78.25 million in funding from Orion Mine Finance Group and Osisko Gold Royalties Ltd, two big North American mine finance firms. The application is for Dalradian to run the proposed mine for an initial 20 years, though the company says it has the potential to produce gold for decades longer.
27 November 2017•2 mins read
