DLP Resources Inc. press release
DLP Resources Reports 54m of 1.53% Copper in a Trench on the 100 % Owned Esperanza Project and Confirms Silver-Gold-Arsenic-Antimony Anomalies Coincident with Previously Reported Molybdenum and Copper in Rock Chips; Appoints Joe Phillips to the Board
TSXV - TSX Venture Exchange · Copper · Molybdenum · Silver · Cobalt · Zinc · Lead · Canada · Drill Results
Cranbrook, British Columbia--(Newsfile Corp. - March 9, 2026) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF)("DLP" or the "Company") announces receipt of geochemical results for three (3) of nine (9) trenches in the exotic copper zone and geochemical analysis of gold (Au) and silver (Ag) and a suite of 49 elements in 94 pulps from rock samples taken previously from the Esperanza project immediately south of the Chapi Mine in Southern Peru (Figure 1 and see DLP Resources Inc., news releases dated March 13, 2024 and April 25, 2024).
Results from three of the nine trenches on the exotic copper oxide zone which extends over approximately 300m x 700m have returned copper mineralized intervals of between 48 to 82m with average copper values ranging from 0.29 % Cu to 2.29 % Cu (see Tables 1 to 3 and Figures 2 and 3). Additional analysis of silver (Ag) and gold (Au) plus copper (Cu), Molybdenum (Mo) arsenic (As), antimony (Sb), lead (Pb), bismuth (Bi), barium (Ba) and zinc (Zn) in the re-analysis of pulps of rock samples taken in the initial reconnaissance sampling have returned consistent association of As-Sb-Pb-Bi ± Ba, with anomalous Mo and low Zn, characteristic of proximal phyllic alteration developed above or laterally to a potential mineralized core. This is within mapped intrusive stocks and polymictic breccias within the overlying volcanics (Figures 4 to 14).
The additional geochemical analysis of Au and Ag and the re-interpretation of all geochemical data have confirmed geochemical anomalies over the previously reported magnetic high surrounded by magnetic lows co-incident with mapped porphyry related alteration, high resolution spectral alteration mineral mapping and anomalous copper and molybdenum anomalies (see Figure 14) and DLP Resources Inc., news releases dated January 05, 2026).
Highlights
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Trench T1_026was 54m long and cut through the mineralized zone on an azimuth of 055 degrees and an inclination of -15 degrees (Table 1). The 54m interval returned 1.53% Copper(see Tables 1 & 2).
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Trench T2_026was 48m long and cut through the mineralized zone on an azimuth of 13 degrees and an inclination of -25 degrees. The 48m trench returned an interval of 38m of 0.34 % copper from 10m to 48m (see Tables 3 & 4).
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Trench T3_026was 82m long and cut through the mineralized zone on an azimuth of 10 degrees and an inclination of -25 degrees. The 82m interval returned 0.62 % copper(see Tables 5 & 6).
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Rock geochemistry shows a consistent association of As-Sb-Pb-Bi ± Ba, with anomalous Mo and low Zn, characteristic of proximal phyllic alteration developed above or laterally to a mineralized core.
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The presence of disseminated tourmaline and the Bi-Mo association supports the interpretation of high-temperature fluids proximal to the intrusive source, with effective vectoring potential toward the center of the porphyry system.
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Anomalous Au values concentrated along structures, with generally low Ag, but locally up to 82g/t Ag (~2oz) within a discrete structure, indicate late-stage hydrothermal pulses focused along faults, consistent with a potential telescoped porphyry system and without evidence of extensive epithermal development.
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Low surface Cu values over the central RTP - high magnetic anomaly suggests that the Cu-Mo core is not exposed, with a higher probability of occurrence along the flanks of the RTP magnetic high or at greater depth, particularly in zones where As-Sb decrease and Cu-Mo increase (Figure 14).
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The elongated reduced to pole (RTP) magnetic high (~3 × 2 km) defines a potential magnetite-bearing intrusive corridor with strong structural control, consistent with a large-scale porphyry system.
Mr. Gendall, President and CEO commented: "Trenching across the exotic copper zone with current mapped exposures of approximately 700m x 300m has returned encouraging intervals of up 82m with very encouraging copper grades of up to 2% copper. These trench results coupled with an elongated magnetic high, proximal phyllic alteration, a well defined As-Sb-Bi-Ba geochemical anomaly over a moderate Mo enrichment, and structurally controlled anomalous Au and Ag defines a well-developed Cu-Mo-Au porphyry system with strong discovery potential through exploration targeting and drilling of these anomalies to depth, along structural flanks and areas of exotic copper showings.
I would also like to welcome Joe Phillips to the DLP Board. Joe brings a wealth of experience to DLP as a senior mining executive and director in North and South America, and we look forward to Joe's insights and guidance as we progress two important copper-molybdenum projects in Peru."
Trench and Rock Chip Sampling
Results from three of the nine trenches on the exotic copper oxide zone which extends over approximately 300m x 700m are reported below (see Tables 1,2,3, 4, 5 & 6 and Figures 2 to 14):
Table 1: Trench T1-026 Location
| Trench | Easting | Northing | Elevation | Length | Azimuth | Inclination | | ID | m | m | m | m | Degrees | Degrees | | T1-026 | 244686 | 8136306 | 1860.5 | 54 | 55 | -15 |
Table 2: Trench T1-026 Summary Results for Copper
| Trench | From | To | Interval | Description | Cu (total) | | ID | m | m | m | | % | | T1-026 | 0 | 54 | 54 | Mineralized agglomerate | 1.53 | | Includes | 6 | 20 | 14 | Mineralized agglomerate | 1.88 | | Includes | 42 | 52 | 10 | Mineralized agglomerate | 2.29 |
Table 3: Trench T2-026 Location
| Trench | Easting | Northing | Elevation | Length | Azimuth | Inclination | | ID | m | m | m | m | Degrees | Degrees | | T2-026 | 244606 | 8136242 | 1869 | 48 | 13 | -25 |
Table 4: Trench T2-026 Summary Results for Copper
| Trench | From | To | Interval | Description | Cu (total) | | ID | m | m | m | | % | | T2-026 | 0 | 48 | 48 | Mineralized agglomerate | 0.29 | | Includes | 10 | 48 | 38 | Mineralized agglomerate | 0.34 |
Table 5: Trench T3-026 Location
| Trench | Easting | Northing | Elevation | Length | Azimuth | Inclination | | ID | m | m | m | m | Degrees | Degrees | | T3-026 | 244499 | 8136254 | 1884.5 | 82 | 10 | -25 |
Table 6: Trench T2-026 Summary Results for Copper
| Trench | From | To | Interval | Description | Cu (total) | | ID | m | m | m | | % | | T3-026 | 0 | 82 | 82 | Mineralized agglomerate | 0.62 | | Includes | 54 | 82 | 28 | Mineralized agglomerate | 1.33 |
Table 7. Summary of Rock Chip Results for the Esperanza Project with gold (Au), copper (Cu), zinc (Zn), silver (Ag) and molybdenum (Mo) highlighted.
| Sample No | Easting | Northing | Elevation | Au | Cu | Zn | Ag | Mo | Sample area | Description | | | | m | m | ppb | ppm | ppm | ppm | ppm | m | Rock Chip Samples 2x2m Sampling Area | | 001152 | 244293 | 8136635 | 1965 | <5 | 151.8 | 36 | 0.11 | 1.37 | 2 x 2 | Diorite with quartz vlts & Mn, intense fractures with neotacite | | 001153 | 244380 | 8136819 | 1953 | 6 | 4222 | 1827 | 0.14 | 1.9 | 2 x2 | Quartz Diorite, FeOx + Malachite + Mn + Tm? | | 001154 | 244459 | 8136848 | 1953 | 60 | 4132 | 663 | 0.19 | 1.04 | 2 x2 | Quartz Diorite, Intense fractures, Malachite + CuOx + Mn + Tm | | 001155 | 244517 | 8136883 | 1951 | 11 | 1401 | 651 | 0.17 | 0.97 | 2 x2 | Quartz Diorite, QS alteration, FeOx + Malachite | | 001156 | 244334 | 8136661 | 1943 | <5 | 42.5 | 64 | 0.16 | 1.24 | 2 x2 | Quartz Diorite, Argillic alteration, FeOx vlts | | 001157 | 244367 | 8136702 | 1940 | 8 | 27.7 | 54 | 0.17 | 1.3 | 2 x2 | Quartz Diorite, FeOx vlts + calcite | | 001158 | 244400 | 8136739 | 1930 | 8 | 30 | 99 | 0.13 | 6.38 | 2 x2 | Quartz Diorite, Arg alteration, Qtz vlts | | 001159 | 244451 | 8136708 | 1940 | 7 | 21.3 | 59 | 0.21 | 7.29 | 2 x2 | Quartz Diorite, Arg alteration, Qtz Veinlets + FeOx | | 001160 | 244530 | 8136536 | 1929 | <5 | 24.6 | 66 | 0.28 | 7.5 | 2 x2 | Aplite Dyke, FeOx + Neotocite | | 001161 | 244719 | 8136324 | 1959 | <5 | 38470 | 3387 | 0.22 | 2.12 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001162 | 244714 | 8136329 | 1959 | <5 | 28700 | 2200 | 0.18 | 2.35 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001163 | 244723 | 8136311 | 1955 | 5 | 32960 | 1751 | 0.18 | 2.44 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001164 | 244674 | 8136313 | 1853 | <5 | 38210 | 1716 | 0.19 | 1.85 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001165 | 244382 | 8136816 | 1954 | 6 | 30680 | 1494 | 0.18 | 1.82 | 2 x2 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? | | 001166 | 244384 | 8136818 | 1954 | 19 | 1931 | 1460 | 0.13 | 1.14 | 2 x2 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? | | 001167 | 244386 | 8136820 | 1953 | 50 | 11110 | 1905 | 0.13 | 1.8 | 2 x2 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? | | 001168 | 244388 | 8136822 | 1953 | 12 | 657 | 337 | 0.12 | 0.66 | 2 x2 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? | | 001169 | 244390 | 8136824 | 1953 | 15 | 3685 | 2933 | 0.15 | 1.3 | 2 x2 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? | | 001171 | 244409 | 8136739 | 1930 | 13 | 44930 | 2874 | 0.27 | 2.11 | 2 x2 | Quartz Diorite, Arg Alteration, Qtz Vlts, FeOx, + Vlts Calc | | 001172 | 244719 | 8136324 | 1932 | 5 | 45580 | 1829 | 0.17 | 2.32 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001173 | 244714 | 8136329 | 1853 | 8 | 9817 | 2493 | 0.49 | 1.84 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001174 | 244723 | 8136311 | 1853 | 17 | 14610 | 1139 | 0.2 | 1.67 | 2 x2 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn | | 001175 | 248109 | 8132164 | 1675 | <5 | 182 | 80 | 0.27 | 1.39 | 2 x2 | Qtz Tm Breccia with Cp, CuOx, FerriMo, Int Frac | | 001176 | 249288 | 8133380 | 1930 | <5 | 40.8 | 32 | 0.08 | 0.84 | 2 x2 | Diorite? With Volc frag., | | 001177 | 244283 | 8136751 | 1913 | 6 | 78.8 | 69 | 0.11 | 1.29 | 2 x2 | Qtz Monzonite with Bi + Chl + FeOx vlts, Neo + Tm | | 001178 | 244319 | 8136790 | 1917 | 7 | 40.1 | 69 | 0.16 | 1 | 2 x2 | Qtz Monzonite, Arg Alteration, FeOx vlts, Neo + Tm | | 001179 | 244216 | 8136777 | 1922 | 8 | 28.2 | 74 | 0.26 | 1.18 | 2 x2 | Qtz Monzonite,Qtz vlts-calcite-ep-mag | | 001180 | 244169 | 8136749 | 1931 | 6 | 19 | 125 | 0.68 | 0.62 | 2 x2 | Qtz Monzonite +Tm-Qtz-bi, Neo | | 001181 | 244170 | 8136751 | 1942 | <5 | 31.3 | 66 | 0.27 | 1.49 | 2 x2 | And Dyke, Intense Frac.,Vlts of FeOx | | 001182 | 244009 | 8136743 | 1955 | <5 | 37.2 | 67 | 0.6 | 0.97 | 2 x2 | Qtz Monzonite with Arg alt, Intense Frac-vlts-FeOx | | 001183 | 244056 | 8136805 | 1987 | <5 | 23.2 | 62 | 0.14 | 0.82 | 2 x2 | Qtz Monzonite with Vlts of Mn, Calcite, Tm-Mag zones | | 001184 | 249618 | 8135771 | 1957 | 10 | 26 | 71 | 0.22 | 0.75 | 2 x2 | Qtz Dirorite, Arg Alt, Vlts of FeOx, green sericite | | 001185 | 249640 | 8135755 | 1957 | 6 | 71.6 | 138 | 0.59 | 0.88 | 2 x2 | Qtz-Tm dyke? | | 001186 | 243195 | 8135644 | 1940 | <5 | 29.8 | 83 | 0.19 | 1.15 | 2 x2 | Qtz Diorite with Chl-py-ep + Mn | | 001187 | 242917 | 8135427 | 1935 | 6 | 36.8 | 41 | 0.23 | 3.02 | 2 x2 | Diorite with FeOx + Discontinuous vlts | | 001188 | 241824 | 8134456 | 1917 | 66 | 53.5 | 65 | 0.21 | 14.76 | 2 x2 | Breccia, FeOx, Lim boxworks | | 001189 | 241913 | 8134615 | 1922 | 21 | 48.6 | 22 | 0.3 | 27.61 | 2 x2 | Polymictic Bx, FeOx in fractures | | 001191 | 242573 | 8135447 | 1930 | 12 | 55.9 | 70 | 0.22 | 10.73 | 2 x2 | Quartz vein, Strong Fracturing with FeOx + Mn | | 001192 | 243258 | 8134631 | 1926 | 8 | 94.7 | 103 | 0.25 | 7.6 | 2 x2 | Andesite fragment, FeOX, Intense Fracturing | | 001193 | 243282 | 8134646 | 1929 | 5 | 26.8 | 30 | 0.11 | 2.75 | 2 x2 | Quartz Diorite, QS Alteration, Very Fractured | | 001194 | 243125 | 8134745 | 1929 | 7 | 34 | 44 | 0.13 | 3.33 | 2 x2 | Quartz Diorite, FeOx, Turgite, | | 001195 | 243341 | 8134797 | 1925 | <5 | 28.3 | 74 | 0.44 | 3.63 | 2 x2 | Quartz Diorite, FeOx, Turgite, Intense Fractures | | 001196 | 243472 | 8134471 | 1924 | 6 | 21.2 | 39 | 0.25 | 14.42 | 2 x2 | Quartz Diorite, Quartz Vlts, FeOx boxworks, Intense Frac. | | 001197 | 243266 | 8134164 | 1917 | 7 | 32.4 | 90 | 0.25 | 4.11 | 2 x2 | Diorite with Qtz Vlts, Leached - FeOx + Qtz Tm vlts | | 001199 | 246227 | 8130003 | 1921 | 28 | 30.2 | 41 | 1.58 | 6.16 | 2 x2 | Diorite with Vlts of Qyz-py-mn = Sulphates + Int Frac. | | 001200 | 243478 | 8134334 | 1718 | 6 | 94 | 63 | 0.31 | 4.14 | 2 x2 | Diorite with fragments of SS + Vlts of Qtz-hm,Mn,Neo | | Notes: Bx-Breccia, Qtz-Quartz, Tm-Tourmaline, Vlts-veinlets, FeOx-Iron Oxides, FeMo-ferrimolybdenite, Mt-magnetite, SS-sandstone, Py-Pyrite, Ep-Epidote, Chl-Chlorite, Arg-Argillic, QSP-Quartz-sericite-pyrite, Ser-Sericite, Sil-Silicified, SS-sandstone, Py-Pyrite, Ep-Epidote, Chl-Chlorite, Arg-Argillic, QSP-Quartz-sericite-pyrite, Ser-Sericite, Sil-Silicified, | | | | | | | | | | |
| Sample No | Easting | Northing | Elevation | Au | Cu | Zn | Ag | Mo | Sample area | Description | | | | m | m | ppb | ppm | ppm | ppm | ppm | m | Rock Chip Samples 2x2m Sampling Area | | 001201 | 243185 | 8134576 | 1711 | <5 | 32.7 | 34 | 0.17 | 15.5 | 2 x2 | Qtz-Tourmaline breccia | | 001202 | 243085 | 8134575 | 1721 | 6 | 38.5 | 63 | 0.07 | 21.62 | 2 x2 | Intensely fractured diorite with FeOx boxworks | | 001204 | 243094 | 8134585 | 1710 | 11 | 64.2 | 84 | 0.13 | 37.96 | 2 x2 | Diorite with SS clasts and Fe-oxides + Tourmaline | | 001205 | 243102 | 8134584 | 1721 | <5 | 36.9 | 57 | 0.08 | 19.1 | 2 x2 | Sandstone with Fe-oxides + Quartz-sericite | | 001206 | 243107 | 8134570 | 1712 | 14 | 52.4 | 17 | 0.23 | 34.58 | 2 x2 | Diorite, Arg Alt, with Vlts of FeOx = Int Frac | | 001207 | 243151 | 8134507 | 1714 | 27 | 211.6 | 101 | 0.1 | 39.04 | 2 x2 | Diorite + Veining with FeOx + Mn + Neo + Tm | | 001209 | 243141 | 8134293 | 1716 | 372 | 82.2 | 126 | 0.11 | 12.06 | 2 x2 | Diorite, Arg with SS and Qtz vlts and FeOx boxworks +Tm | | 001210 | 243330 | 8134454 | 1729 | 8 | 328.7 | 44 | 0.11 | 39.91 | 2 x2 | Diorite, Arg with SS and Qtz vlts and FeOx boxworks +Tm | | 001211 | 242844 | 8134676 | 1728 | 436 | 231.3 | 140 | 0.11 | 36 | 2 x2 | Diorite, Arg altered, qtz-FeOx + Tm + fine alunite? in matrix. | | 001212 | 242802 | 8134757 | 1721 | 7 | 27.9 | 51 | 0.25 | 6.67 | 2 x2 | Diorite Sil, Qtz vlts, Mn-Tm, intense angular fractures. | | 001214 | 242754 | 8134817 | 1729 | 11 | 106.4 | 24 | 0.11 | 19.45 | 2 x2 | Diorite, Arg Alteration, Vlts of Qz, FeOx, Mn +Tm | | 001215 | 242718 | 8134846 | 1728 | 8 | 73.1 | 33 | 0.08 | 21.7 | 2 x2 | Polymictic Bx frag of SS with FeOx veins + Mn | | 001216 | 242911 | 8134833 | 1716 | 20 | 83.3 | 22 | 0.09 | 4.74 | 2 x2 | Polymictic Bx, fragments of SS, vlts of FeOx, Mn + Neo | | 001217 | 242865 | 8134918 | 1718 | 7 | 94.1 | 22 | 0.06 | 7.76 | 2 x2 | Diorite QSP with Qtz vlts and FeOx-Mn | | 001219 | 242872 | 8134971 | 1711 | <5 | 3.6 | 6 | 0.04 | 0.17 | 2 x2 | Diorite, QS alt, vlts of Qtz + FeOx +Mn + Neo | | 001220 | 242756 | 8135047 | 1674 | 6 | 41 | 69 | 0.31 | 5.42 | 2 x2 | Diorite, QS alt, vlts of Qtz + FeOx +Mn + Neo = Int Fac | | 001221 | 242673 | 8135004 | 1691 | <5 | 23.4 | 33 | 0.17 | 5.9 | 2 x2 | Diorite, Arg alt, vlts of Qtz + FeOx +Mn + Tm | | 001222 | 242872 | 8134971 | 1685 | 11 | 49.1 | 107 | 0.27 | 1.64 | 2 x2 | Diorite, Qtz-Tm, Int Frac, vlts of FeOx-Mn + Neo | | 001224 | 242756 | 8135047 | 1680 | 47 | 16.8 | 14 | 0.31 | 3.53 | 2 x2 | Polymictic bX with Sil fragments with BxWks + vlts of FeOx-Mn, Int Frac | | 001225 | 242673 | 8135004 | 1679 | 11 | 19.8 | 19 | 0.08 | 1.58 | 2 x2 | Diorite, arg alt, Vlts of FeOx, +Mn + Tm | | 001226 | 244504 | 8136321 | 1886 | <5 | 19050 | 1099 | 0.19 | 1.97 | 2x2 | Polymictic Bx, pseudostratification + malachite and Mn | | 001227 | 244682 | 8136164 | 1852 | 8 | 17780 | 2395 | 0.36 | 6.48 | 3 x5 | Polymictic Bx, pseudostratified with presence of malachite | | 001229 | 244817 | 8136181 | 1852 | 16 | 39410 | 1389 | 0.49 | 16.94 | 2 x2 | Polymictic Bx?, with malachite and Mn in matrix | | 001230 | 244609 | 8136224 | 1887 | <5 | 4363 | 350 | 0.23 | 6.06 | 3 x3 | Polymictic Bx?, with malachite and Mn in matrix | | 001231 | 244557 | 8136198 | 1589 | 5 | 14410 | 1119 | 0.13 | 3.33 | 5 x5 | Polymictic Bx?, with malachite and Mn in matrix | | 001232 | 244500 | 8136152 | 1884 | 14 | 6503 | 460 | 0.16 | 4.33 | 5 x 5 | Subhorizontal polymictic Bx with malachite and Mn in matrix | | 001234 | 244494 | 8136108 | 1876 | <5 | 3986 | 551 | 0.14 | 5.13 | 5 x 3 | Polymictic Bx with malachite and Mn in subhorizontal horizons | | 001235 | 244518 | 8136033 | 1878 | 9 | 4078 | 510 | 0.19 | 5.53 | 5 x 5 | Polymictic Bx with malachite and Mn in subhorizontal horizons | | 001236 | 244564 | 8136080 | 1853 | 9 | 7612 | 1247 | 0.26 | 9.11 | 3 x 10 | Polymictic Bx with malachite and Mn in subhorizontal horizons | | 001237 | 244587 | 8135958 | 1856 | 27 | 15840 | 764 | 0.34 | 7.5 | 5 x 5 | Polymictic Bx with malachite, atacamite and Mn | | 001239 | 244513 | 8135880 | 1863 | 9 | 2386 | 392 | 0.23 | 5.4 | 6 x 3 | Polymictic Bx with malachite in a subhorizontal horizon | | 001240 | 244510 | 8135792 | 1861 | <5 | 7601 | 420 | 0.19 | 4.66 | 5 x 5 | Polymictic Bx with malachite in a subhorizontal horizon | | 001241 | 244568 | 8135679 | 1852 | <5 | 3671 | 515 | 0.2 | 6.7 | 5 x 5 | Polymictic Bx with malachite in a subhorizontal horizon | | 001242 | 244010 | 8135353 | 1789 | <5 | 1117 | 2091 | 0.21 | 3.86 | 5 x 3 | Polymictic Bx with malachite in a subhorizontal horizon | | 001244 | 244065 | 8135443 | 1792 | 22 | 3075 | 1453 | 0.2 | 5.32 | 5 x 3 | Polymictic Bx with malachite in a subhorizontal horizon | | 001245 | 242718 | 8134403 | 1674 | 5 | 85.6 | 34 | 0.1 | 15.15 | 5 x 2 | Diorite, Arg., with Mn in irregular veins | | 001246 | 242985 | 8134540 | 1691 | 11 | 150.2 | 240 | 0.08 | 50.8 | 5 x 5 | Diorite, Arg., with Mn in irregular veins | | 001247 | 242830 | 8134364 | 1667 | 8 | 23.3 | 61 | 0.09 | 23.18 | 2 x 2 | Diorite, Qtz, Tm, FeOx in boxworks + intense fracturing + veins | | 001249 | 242674 | 8134200 | 1645 | 7 | 51.7 | 49 | 0.2 | 6.28 | 2 x 2 | Quartzite/SS with FeOx in veinlets/fractures and presence of Tm | | 001250 | 242640 | 8134158 | 1637 | 7 | 33.8 | 12 | 0.26 | 18.18 | 5 x 3 | Quartzite/SS with FeOx in veinlets/fractures and presence of Ser | | 001751 | 242562 | 8134093 | 1628 | 6 | 105.6 | 44 | 0.33 | 25.79 | 5 x 2 | Bx of quartzite/SS with FeOx boxworks + FeOx in fractures | | 001752 | 242082 | 8134627 | 1626 | 14 | 35.6 | 81 | 0.17 | 13.76 | 3 x 3 | Diorite, Arg, FeOx + quartzite/SS with FeOx boxworks | | 001754 | 242254 | 8134434 | 1645 | 370 | 161.5 | 72 | 82 | 67.15 | 5 x 2 | Vein?, QSP, malachite and OxFe in fractures and boxworks | | 001755 | 242291 | 8134249 | 1634 | 7 | 29.7 | 7 | 0.25 | 14.76 | 3 x 2 | Bx, QSP +FeOx boxworks +quartz | | 001756 | 242276 | 8134244 | 1643 | 6 | 22.7 | 25 | 0.13 | 5.62 | 3 x 2 | Bx, QSP, presence of FeOx boxworks + quartz | | 001757 | 242248 | 8134220 | 1651 | 8 | 16.9 | 136 | 0.14 | 11.67 | 3 x 3 | Bx, subangular fragments, Qtz-Tm? | | 001759 | 242351 | 8134070 | 1607 | 100 | 31.3 | 28 | 0.66 | 11.46 | 3 x 3 | Diorite, QSP, FeMo in fractures, FeOx +intense fracturing | | 001760 | 242265 | 8134168 | 1644 | 25 | 47.5 | 114 | 0.54 | 15.33 | 5 x 3 | Bx, quartz veins with FeOx, Mn and Tm in fractures | | Notes: Bx-Breccia, Qtz-Quartz, Tm-Tourmaline, Vlts-veinlets, FeOx-Iron Oxides, FeMo-ferrimolybdenite, Mt-magnetite, SS-sandstone, Py-Pyrite, Ep-Epidote, Chl-Chlorite, Arg-Argillic, QSP-Quartz-sericite-pyrite, Ser-Sericite, Sil-Silicified, SS-sandstone, Py-Pyrite, Ep-Epidote, Chl-Chlorite, Arg-Argillic, QSP-Quartz-sericite-pyrite, Ser-Sericite, Sil-Silicified, | | | | | | | | | | |
Board Appointment and Issuing of Options
Mr. Joe Phillips, who served as a Technical Advisor to DLP from December 2025 is appointed to the Board. Mr. Phillips has a wealth of experience as a senior mining executive and director in North and South America. His experience ranges from startup and development to operational roles at a senior level. He has acted as technical adviser on various operations, most recently the World Copper project in Arizona, and has been COO at a number of operations including Minera Tres Valles, Chile, and Laguna Gold. He has been in senior management roles with Coeur Mining, Silver Standard and Pan American Silver.
The Company has granted 200,000 incentive stock options to Mr. Phillips with an exercise price of $0.36 per share for a five-year period, from the date of grant, in accordance with the terms of DLP Resources Inc. stock option plan. Further, the Company has granted an at arm's length consultant 100,000 incentive stock options with an exercise price of $0.36 per share for a five-year period, from the date of grant, in accordance with the terms of DLP Resources Inc. stock option plan.
Earlier from DLP Resources Inc.
- DLP Resources Announces Extension of the Preliminary Economic Assessment on the Aurora Copper-Molybdenum-Silver Project to Q2 of 2026
- DLP Resources Inc.: Invitation to PDAC 2026 Booth 2745
- Precious Metals & Critical Minerals Virtual Investor Conference: Presentations Now Available for On-Demand Viewing
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