DLP Resources Inc.

OPPORTUNITY FOR DISCOVERY

DLP Resources Inc. is a mineral exploration company operating in Peru and Southeastern British Columbia, Canada.  Exploring for Base Metals and Cobalt and is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF.

The Company’s geological strategy is a culmination of David Leo Pighin’s lifetime work with Cominco and other exploration companies primarily in southeastern B.C. Because of David Pighin’s intellectual contribution and his desire to make an economic discovery in this region, the founders and partners agreed to name this company in David Leo Pighin’s recognition

Mission Statement

To design, implement and manage cost effective and successful exploration programs with the objective of building shareholder value through mineral discoveries in world renowned copper and zinc metallogenic belts in Peru and Canada.

Highlights – 2024

• Since 2022 DLP has drilled 23 diamond drill holes on the Aurora porphyry copper-molybdenum project for a total of 18,304.78 m.

• In 2024 DLP drilled 10 diamond drill holes on Aurora for a total of 8,394.53m with all holes intersecting significant copper-molybdenum mineralization (see 2024 press releases). Significant Intervals included:

   o  A24-014: 66m of 0.42% Cu and 4.89g/t Ag from 219.00m to 285.00m within a 202m interval of 0.25% Cu and 2.93g/t Ag from 107.00m to 309.00m.

   o  A24-015: 431m of 0.41% CuEq* from 362.00m to 793.00m.

   o  A24-016: 216.15m of 0.82% CuEq* from 864.00m to 1080.15m within an interval of 1080.15m of 0.32% CuEq* from 0.00m to 1080.15m.

   o  A24-017: 94.00m of 0.81% Cu from 31m to 125.00m.

   o A24-018: 954m of 0.36% CuEq* from 164.00m to 1118.00m.

   o A24-019A:  59.70m of 0.40% Cu from 34.30m to 94.00m.

   o  A24-020: 339.35m of 0.76% CuEq* from 722.00m to 1061.35m within a 1058.35m interval of 0.38% CuEq* from 3.00m to 1061.35m.

   o  A24-021: 303.15m of 0.49% CuEq* from 889.00m to 1192.15m within a 1189.65m interval of 0.32% CuEq* from 2.50m to 1192.15m.

   o  A24-022: 256m of 0.68% CuEq* from from 591.00m to 847.00 within a 1007.50m interval of 0.37% CuEq* from 0.00m to 1007.50m.

Note: The project is at an early stage of exploration and recoveries of Cu 95.8%, Mo 86.4%, and Ag 89.3%, as determined from the recent metallurgical study, are assigned to the CuEq* calculations. Conversion of metals to an equivalent copper grade based on these metal prices is relative to the copper price per unit mass factored by conceptual recoveries for those metals normalized to the conceptualized copper recovery. The metal equivalencies for each metal are added to the copper grade. The formula for this is: CuEq* % = Cu% + (Mo% * (Mo recovery / Cu recovery) * (Mo $ per lb / Cu $ per lb) + (Ag g/t * (Ag recovery / Cu recovery) * (Ag $ per oz/ 31.1034768) / (Cu $ per lb* 22.04623)).

  *Copper equivalent calculations use metal prices of Cu – US$3.34/lb, Mo – US$18/lb and Ag – US$21.87/oz.

• A metallurgical study was completed on three composite samples from the Aurora project. The study confirmed high recoveries of copper (95.8%), molybdenum (86.4%) and silver (89.3%) in the rougher concentrate from the composite of partially leached (M-1), enriched/mixed (M-2) and primary (M-3) mineralized zones. These excellent recoveries for copper, molybdenum and silver at a time when molybdenum prices are at $30/lb, copper at $4.20/lb and silver at $29/oz, bode well for the economics of the project moving forward.

• High-grade molybdenum and copper concentrates were produced in Open and Locked Cycle tests free of deleterious elements. A commercial grade concentrate was floated for:

   o  Composite M-1 and assayed 52.6% molybdenum.

   o  Composite M-3 and assayed 49.7% molybdenum.

   o  Composite M-2 assayed a copper concentrate with 229.1 g/t silver, 28.7% copper and 0.1% molybdenum and a molybdenum concentrate of 12.5g/ t silver,     0.2% copper and 49.7% molybdenum.

• Engaged AMC Consultants to initiate and complete the preliminary NI43-101 compliant maiden resource estimation on Aurora. To be completed by March 2025.

• Discovers copper on the 100 % owned Esperanza Project with rock samples returning up to 4.71% Cu, 130.5 Mo, 7930ppm Zn and 383ppm Co.

• Scott Davis, CPA, CGA appointed to the position of Chief Financial Officer as of January 2024.

Recent News Releases

Cranbrook, British Columbia, (Newsfile Corp. – January 20, 2025) DLP Resources Inc. (“DLP” or the “Company”) (TSXV:DLP) (OTCQB:DLPRF) announces appointment of Derek White to the Board of Directors and an exploration update for 2025. Appointment of Derek White to the Board of Directors DLP Resources has […]
Cranbrook, British Columbia, (Newsfile Corp. – January 9, 2025) – DLP Resources Inc. (“DLP” or the “Company”) (TSXV:DLP) announces that, further to its news release dated November 29, 2024, the TSX Venture Exchange (“TSXV”) has granted the Company an extension to complete its previously announced non-brokered […]
Cranbrook, British Columbia, (Newsfile Corp. – December 23, 2024) DLP Resources Inc. (“DLP” or the “Company”) (TSXV:DLP) (OTCQB:DLPRF) announces receipt of complete drill results for drillhole A24-022 on the Aurora porphyry copper-molybdenum-silver project in southern Peru. (Figure 1). In addition, DLP is pleased to report further […]

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Properties

Peru Projects – Aurora
& Esperanza

Aurora (2200 ha) & Esperanza (4600 ha) are porphyry copper-molybdenum projects located in Southern Peru.

Aldridge 1 & 2

The Aldridge project consists of 54 mineral claims within two blocks covering a collective 173.0 km² approximately 50 km southwest of Cranbrook, BC.

Hungry Creek

The wholly owned Hungry Creek property is comprised of 74 mineral claims totalling 388.5 km². The property is located 35 km west of Kimberley, BC.

Redburn Creek

The wholly owned Redburn project is comprised of 12 mineral claims totalling 53.6 km². The property is situated 12 km northeast of Golden, BC.

DD/Moby Dick/NZOU

The DD-Panda-Moby Dick and NZOU mineral tenures are located in the Purcell range of the Columbia Mountains in the Fort Steele Mining Division.