DLP RES INC - DLPRF STOCK NEWS

DLP Resources announces significant drill results from hole A24-021 at its Aurora porphyry copper-molybdenum-silver project in Peru. The drillhole intersected substantial mineralization, including 0.32% CuEq over 1189.65m from 2.50m to 1192.15m, and notably 0.49% CuEq over 303.15m from 889.00m to 1192.15m. The hole was drilled 320m northwest of A24-020 and ended in mineralization due to drill rig capacity limitations. An initial resource estimate is expected in Q1 2025, with AMC Consultants having initiated due diligence.

DLP Resources has announced significant drill results from hole A24-020 at its Aurora copper-molybdenum-silver project in southern Peru. The drillhole, located 135m southeast of A24-016, intersected notable mineralization including 0.76% CuEq over 339.35m within a broader interval of 0.38% CuEq over 1058.35m. The hole was drilled from September to October 2024, reaching a depth of 1061.35m where it was stopped due to drill rig capacity limitations. The company plans to complete an initial resource estimation by March 2025.

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) has announced drill results for hole A24-019A at its Aurora porphyry copper-molybdenum-silver project in southern Peru. Key highlights include:

- 0.21% Cu over 133.70m from 34.30m to 168.00m
- 0.40% Cu over 59.70m from 34.30m to 94.00m

The company has engaged AMC Consultants to complete a preliminary NI43-101 compliant resource estimation on Aurora, expected by March 2025. DLP also plans to extend the term of 4,358,800 common share purchase warrants issued in November and December 2022, subject to TSX Venture Exchange approval.

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) announced results from drillholes A24-017 and A24-018 on the Aurora porphyry copper-molybdenum-silver project in southern Peru. Highlights include:

- A24-017: 0.81% Cu over 94.00m from 31m to 125.00m
- A24-018: 0.36% CuEq* (0.23% Cu, 0.02% Mo, 2.09g/t Ag) over 954m from 164.00m to 1118.00m

The drilling expanded copper mineralization to the northeast and southwest. A24-017 confirmed shallow copper mineralization in the northeast, while A24-018 expanded the footprint of copper-molybdenum and silver mineralization in the southwest.

The company also provided an update on the NZOU Project in SE British Columbia, where drilling ended at 1759m without significant zinc mineralization. No further drilling is planned for NZOU.

DLP Resources has released promising results from its initial metallurgical study on the Aurora Project in southern Peru. Conducted by Plenge in Lima, the study focused on three composite samples (M-1, M-2, M-3) representing different mineralized zones.

Key findings include:

• High recoveries of copper (95.8%), molybdenum (86.4%), and silver (89.3%) in rougher concentrate.
• Best conditions for recovery were achieved with a primary grind of P80-133 microns and specific reagents and pH levels.
• Successful copper-molybdenum separation for composites M-1 and M-3, achieving commercial-grade molybdenum concentrate.
• No deleterious elements found, suggesting favorable project economics.

The study's results bode well for the project's economic viability, particularly given current market prices for molybdenum ($30/lb), copper ($4.20/lb), and silver ($29/oz).

DLP Resources has announced results from drillhole A24-016 at the Aurora Project in southern Peru, revealing significant copper-molybdenum-silver mineralization. Highlights include:

• 0.32% CuEq over 1080.15m from 0.00m to 1080.15m
• 0.48% CuEq over 89.00m from 0.00m to 89.00m
• 0.24% CuEq over 535.00m from 329.00m to 864.00m
• 0.82% CuEq over 216.15m from 864.00m to 1080.15m

Drillhole A24-016, drilled to a depth of 1080.15m, intersected varying mineralization zones, with the highest copper equivalent concentration at 0.82% CuEq between 864m and 1080.15m. The ongoing exploration will further validate these findings. Drilling continues with holes A24-017 and A24-018, with results expected in late September and early October.

DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) has released corrected results for drillhole A24-015 on its Aurora porphyry copper-molybdenum-silver project in southern Peru. The hole intersected 0.19% CuEq over 966.50m, including 0.41% CuEq over 431.00m and 0.70% CuEq over 179.50m. This step-out hole extends copper mineralization 220m east-southeast of the previous drill hole. The company is currently drilling two more holes in the east-northeast zone and expects further results in August. The Aurora Project is an advanced stage exploration project with significant historical drill results, including 190m @ 0.57% Cu, 0.008% Mo in a previous hole.

DLP Resources Inc. (TSXV:DLP) (OTCQB:DLPRF) has announced significant drill results from hole A24-015 at its Aurora porphyry copper-molybdenum-silver project in southern Peru. The hole intersected 0.19% CuEq over 966.50m, including 0.41% CuEq over 431.00m and 0.70% CuEq over 179.50m. This step-out hole extends copper mineralization 220m east-southeast of previous drilling, expanding the project's footprint. The company is currently drilling two additional holes in this zone. CEO Mr. Gendall expressed optimism about the expanding mineralization and anticipates further results in August.

DLP Resources has announced drill results from hole A24-014 at the Aurora Project in Southern Peru. The hole, drilled 250m northeast of A23-013, intersected 66m of 0.42% Cu and 4.89g/t Ag within a 202m interval of 0.25% Cu and 2.93g/t Ag. Total drilling depth reached 641.30m but was by faulting and fracturing. The hole also revealed notable intervals, including 534.30m at 0.14% Cu and 2.09g/t Ag, although it did not reach the intended molybdenum zone. Currently, a second drill is operational at the site to expand the exploration. The Aurora Project, an advanced-stage copper-molybdenum venture, saw historic drilling results indicating substantial copper and molybdenum mineralization.