Announcement • Jul 29

DLP Resources Reports High-Grade Silver, Copper, And Gold Results And Defines Two New Priority Target Areas At Esperanza Project In Peru

DLP Resources Inc. has announced results from an additional 94 surface rock chip samples at its 100%-owned Esperanza copper-gold-molybdenum Project in southern Peru – headlined by 550 g/t silver, 4.548% copper and 141.43 ppm molybdenum from a single polymetallic vein, the highest-grade silver result returned at Esperanza to date. The new sampling has also defined two new priority target areas, each several kilometres from, and independent of, the previously expanded 5.0 km x 2.5 km magnetic anomaly at the core of the Project. High-grade polymetallic vein discovery: sample Y411477 returned 550 g/t Ag, 4.548% Cu and 141.43 ppm Mo over a 0.1 m x 7 m vein exposure, with highly anomalous bismuth, lead, antimony, arsenic, zinc and tellurium – a classic high-temperature porphyry-related epithermal signature. High-grade gold in veins: 7.795 g/t Au with 27.7 g/t Ag and 0.780% Cu (Y409918), plus 2.353 g/t Au (Y411456) and 2.099 g/t Au (Y409989); a further vein returned 82.00 g/t Ag with 0.370 g/t Au and 67.15 ppm Mo (A-N° 000433). Two new priority areas: Esperanza East Domain: a 1 km x 1 km target located 3.7 km ESE of the main Cu-Au-Mo target and open to the east and southeast – interpreted as a potential intrusive centre or an extension of the mineralised system. Northeast Vein Corridor: multiple polymetallic veins spaced 50–100 m apart identified 6.5 km northeast of the main target and coincident with a discrete geophysical anomaly, defining a previously untested structural corridor. The high-grade 550 g/t Ag vein was returned from the first vein sampled in this corridor. Widespread high-grade copper at surface: 21 of 55 select samples collected to date have returned greater than 1% Cu, including 4.558%, 4.548%, 4.493% and 3.941% Cu, with 12 samples exceeding 2% Cu. Classic porphyry zonation confirmed: precious-metal-rich veins ring the central copper-molybdenum zone – the concentric geometry characteristic of large-scale copper-gold porphyry systems. Maiden 3,000-metre drill program in Third Quarter 2026: permitting is advancing, with drilling expected to commence in Third Quarter 2026. To date a total of 503 rock chip samples have been collected systematically across Esperanza and analysed for gold, silver, copper, molybdenum and a full suite of indicator elements, with all analyses completed at an accredited independent laboratory. The headline result of 550 g/t Ag, 4.548% Cu and 141.43 ppm Mo is the highest silver value returned at Esperanza to date and materially elevates the Project’s profile as a precious metals as well as a copper target. It is supported by a suite of further high-grade vein results, including 7.795 g/t Au, 27.7 g/t Ag and 0.780% Cu; 2.353 g/t Au; 2.099 g/t Au; and 82.00 g/t Ag with 0.370 g/t Au. Copper mineralisation at surface is both high-grade and widespread: 21 of the 55 select samples reported in Table 1 returned greater than 1% Cu and 12 exceeded 2% Cu, with the highest values reaching 4.558% Cu, 4.548% Cu and 4.493% Cu. Molybdenum values of up to 151.97 ppm Mo further reinforce the porphyry signature. Critically, the spatial arrangement of these results follows the classic architecture of a large copper-gold porphyry system: multiple silver-, gold- and copper-bearing veins are concentrated around the margins of the central copper-molybdenum zone, with precious metals on the outside and base metals toward the centre. This concentric zonation is one of the most reliable indicators that a fertile porphyry centre lies at the core of the system. The latest sampling has materially expanded the footprint of the Esperanza system. In addition to the previously expanded 5.0 km x 2.5 km magnetic anomaly that will be the focus of the maiden drill program, the Company has now defined two discrete new target areas: Esperanza East Domain (3.7 km ESE). An approximately 1 km x 1 km domain of high magmatic fertility open to the east and southeast, meaning its true extent has yet to be established. Management interprets this domain, with elevated Sr/Y ratios, as either a second, concealed intrusive centre or a significant lateral extension of the known Esperanza system. Northeast Vein Corridor (6.5 km NE). Multiple polymetallic veins spaced 50–100 metres apart have been mapped over a corridor coinciding with a discrete geophysical anomaly. The first vein sampled in this corridor returned the headline 550 g/t Ag, 4.548% Cu and 141.43 ppm Mo, together with highly anomalous Bi, Pb, Sb, As, Zn and Te – an element suite indicative of a high-temperature magmatic-hydrothermal source at depth. The density and spacing of the veins suggest a substantial structural corridor that has never been systematically explored. Taken together with the exotic copper documented in agglomerates across the Project, which records copper transport and re-deposition from an as-yet-unidentified primary source, these results significantly expand Esperanza’s exploration potential and support a district-scale interpretation of the 22,500-hectare land package. The Sr/Y ratio is a widely used industry benchmark for assessing whether a magmatic system was capable of generating a large porphyry deposit, with values above 35 generally considered copper fertile. The magmatic system that built southern Peru’s giant porphyry deposits, including Quellaveco, Cuajone and Toquepala, averages a Sr/Y ratio of 104.42. Esperanza’s main target, averaging 89.12 is firmly within the range of southern Peru’s established porphyry districts. DLP is advancing permitting for a maiden 3,000-metre diamond drill program at Esperanza, with drilling expected to commence in late Third Quarter 2026.

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