Announcement • May 08
DLP Resources Inc. announced that it expects to receive CAD 5 million in funding DLP Resources Inc. announced that it has entered into an agreement in connection with best effort to issue 20,000,000 units at an issue price of CAD 0.25 for gross proceeds of CAD 5,000,000 on May 7, 2026. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.35 exercisable within 36 months following the closing date. The company also grants option, exercisable in full or in part up to 48 hours prior to the closing of the marketed offering, to sell up to an additional 4,000,000 units at the offering price for up to an additional CAD 1,000,000 in gross proceeds. Units will be offered for sale to purchasers resident in the provinces of British Columbia, Alberta, Manitoba, Saskatchewan and Ontario. The units may also be sold in the United States. The offering is anticipated to close on May 21, 2026, or such other date as the company and Red Cloud may agree. Completion of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. Announcement • Jan 06
DLP Resources Inc. Announces Completion of 280 Line-Km Aeromagnetic Drone Survey Covering 30 Km2 on the Esperanza Project in Southern Peru DLP Resources Inc. announced completion of a 280 line-km aeromagnetic drone survey covering 30 km2 on the Esperanza project in southern Peru. The aeromagnetic drone survey contracted to DK Mining Ltd. and Fargo Exploration was flown on a north-south grid of 200m line spacings and infill line spacings of 100m. The survey defined a characteristic 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. The copper and molybdenUM anomalies were previously identified from rock chip geochemical sampling earlier in 2024. The Esperanza project is a grassroots porphyry copper-molybdenum project which is in a fantastic location in southern Peru and was completely unexplored until early 2024. Initial sampling and mapping commenced in January 2024 and field observations together with the first set of 97 rock results were very encouraging. The recent aeromagnetic drone survey has confirmed a coincident magnetic anomaly with alteration mapping, spectral alteration mapping and ground geochemistry. This is exciting and believe the company have strong evidence for a buried porphyry copper- molybdenum system at depth. Permitting a drill program for 2026 is next step on this encouraging project". Quality Control and Quality Assurance. DLP Resources Peru S.A.C, a subsidiary of DLP Resources Inc., supervises sampling and carried out surface sampling and mapping of outcrop at the Esperanza project. Rock chip sampling was done within a maximum area of 2m x 2m and descriptions were carried out by a geologist. Samples are bagged and sealed on site before transportation to the ALS Peru S.A.C. sample preparation facility in Arequipa by Company vehicles and staff. Cerro Verde represents one of the largest copper reserves in Peru and in the world, having total mineral reserves of 4.577 billion tonnes of ore grading 0.35% copper, 0.01% Mo and 1.52 g/t Ag. Copper-molybdenum mineralization at Esperanza was initially observed in an early reconnaissance program undertaken in 2022. Subsequently have completed a satellite alteration mapping program over the project and identified alteration consistent with porphyry copper-morybdenum systems. Follow-up of alteration and subsequent sampling and mapping commenced in early 2024. Results for 97 rock samples taken in the initial reconnaissance sampling and mapping of the northwestern part of the project returned highly anomalous copper, molybdenum, cobalt and zinc in mapped intrusive stocks and polymictic breccias within the overlying volcanics. Rock chip samples from this early sampling in 2024 returned up to 4.71% Cu, 28.8ppm Mo, 3540ppm Zn and 383ppm Co. Announcement • Nov 27
DLP Resources Inc. Announces Board and Committee Changes DLP Resources Inc. announced that Derek White is stepping down as Chair of the Board of Directors of the Company and William (Bill) Bennett, is being appointed Chair of the Board. The appointment of Mr. William Bennett as Chair is effective immediately. Mr. White will remain a member of the Board. Mr. Bennett was a successful small business owner, then lawyer, who gained extensive experience in mine permitting and development, as MLA and BC's mines minister three times over his 16 year career. Bill earned a reputation across Canada as a leader in reducing government permitting time for mining and for his practical, straightforward approach to the government-private sector relationship. Mr. Bennett has provided his leadership, guidance and expertise across multiple committees at DLP since the company was formed. Retiring from politics in 2017, Bill has acted as director and officer of several mining companies, with experience on technical, audit, and governance committees. The Board of Directors also announced the creation of a technical committee comprised of the Directors and chaired by Director Rick Zimmer. Mr. Zimmer has a degree in Mining Engineering and an MBA and has over 40 years of Canadian and international mining experience including exploration, development and mine operations (both underground and open pit). Mr. Zimmer has served as: President and CEO of Far West Mining Ltd.; VP and Project Manager for Teck's Pogo project in Alaska and General Manager of Teck's Tarmoola gold mine in Australia; Mine Manager of Teck's Afton copper-gold mine in British Columbia as well as acting in several senior mining roles throughout his career. Announcement • Jul 29
DLP Resources Inc., Annual General Meeting, Oct 01, 2025 DLP Resources Inc., Annual General Meeting, Oct 01, 2025. Location: british columbia, cranbrook Canada Announcement • Jun 26
DLP Resources Inc. announced that it has received CAD 7.522963 million in funding On June 26, 2025, DLP Resources Inc closed the transaction. The company announced that 19,630,883 Units issued under the Brokered Offering at an issue price of CAD 0.30 per unit for gross proceeds of CAD 5,889,264.9 and 5,445,659 Units issued under the Non-Brokered Offering at an issue price of CAD 0.30 per unit for gross proceeds of CAD 1,633,697.7; aggregate gross proceeds of CAD 7,522,962.6. Each Unit is comprised of one common share and one-half of one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.45 per Warrant Share for a period of 3 years from the closing of the Offering. In connection with the Brokered Offering, the Agent received an aggregate cash fee of CAD 284,518.15. In addition, the Company issued to the Agent 902,502 non-transferable broker warrants. Each Broker Warrant will entitle the Agent to purchase one Common Share at the Offering Price for a period of 24 months following the closing of the Offering. In addition, the Company paid a cash fee of CAD 695.88 to a finder in connection with the Non-Brokered Offering.
On June 26, 2025. Paradigm Capital Inc. understands that DLP Resources Inc. proposes to create, issue and sell by way of private placement up to 20,000,000 units of the Corporation at a price of CAD 0.30 per Unit for aggregate gross proceeds to the Corporation of up to CAD 6,000,000. Announcement • Jun 11
DLP Resources Inc. announced that it expects to receive CAD 10 million in funding DLP Resources Inc announced a private placement to issue 2,00,00,000 brokered units at an issue price of CAD 0.3 for the proceeds of CAD 6,000,000 and 13,333,334 non brokered units at an issue price of CAD 0.3 for the proceeds of CAD 4,000,000.2 on June 10, 2025. Each unit shall comprise one common share of the company and one-half of one common share purchase warrant. Each warrant shall be exercisable from time to time for a period of three years from the closing date to purchase one common share at an exercise price of CAD 0.45. In addition, the company granted the agents an option to sell up to 3,000,000 at the issue price for additional proceeds of up to CAD 900,000, exercisable up to 48 hours prior to the closing date. The company has agreed to pay the agent a cash commission equal to 6 per cent of the gross proceeds raised under the brokered offering, which shall be reduced to 1 per cent for subscribers on a president list designated by the company. The company will also issue the agent broker warrants entitling the agent, for a period of two years from the closing of the brokered offering, to purchase that number of common shares at the issue price as is equal to 6 per cent of the number of units issued in the brokered offering, other than in respect of any units issued to subscribers on the president list. The offering is expected to close on or about June 24, 2025, The transaction is subject to regulatory approvals and customary closing conditions including stock exchange approval. The offering will be made pursuant to Regulation D. Announcement • Dec 26
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drillhole A24-022 on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole A24-022 on the Aurora porphyry copper-molybdenum-silver project in southern Peru. In addition, DLP reported further results from the metallurgical scoping study on its Aurora Project in southern Peru and extends warrants. Highlights: Drillhole A24-022 was drilled approximately 426m southeast of A24-021 with the aim of expanding the mineralization to the southeast. This drillhole intersected copper-silver and molybdenum mineralization from 0m to the end of the hole at 1007.50m. Summary results were as follows: 0.37% CuEq over 1007.50m from 0.00m to 1007.50m. 0.34% CuEq over 679.00m from 0.00m to 679.00m. 0.32% CuEq over 374.00m from 159.00m to 533.00m. 0.44% CuEq over 474.50m from 533.00m to 1007.50m. 0.68% CuEq over 256.00m from 591.00m to 847.00m. Initial metallurgical testing on composite M2 with a head grade of 6.9 g/t silver, 0.62% copper 0.052% molybdenum were unconclusive with poor flotation lock cycle stability and the need for additional testing was highly recommended. Following these recommendations by Plenge Laboratory further test work was completed with the main objective to improve the composite M2 metallurgy to obtain commercial grades of molybdenum and copper concentrates. Results were as follows: Recoveries of 93.2% Ag, 97.4% Cu and 95.1% Mo were reported from the concentrate. By open circuit flotation a molybdenum concentrate of 49.7% Mo and a copper concentrate of 28.7% Cu was obtained. No penalty elements were found for both copper and molybdenum concentrate. Aurora Cu-Mo Project - Summary of Drill Results for A24-022: Drill hole A24-022 commenced on October 08, 2024, at an inclination of -70 degrees on an azimuth of 300 degrees and ended on November 12 at 1007.50m. Summary geology is as follows: 0.00 - 47.20m: Mineralized quartz-eye-feldspar porphyry. 47.20 - 76.00m: Mineralized intrusive breccia. 76.00 - 187.70m: Mineralized hornfels with quartz-eye-feldspar porphyry. 187.70- 305.95m: Mineralized quartz-eye-feldspar-biotite porphyry with mineralized hornfels. 305.95 - 361.55m: Mineralized quartz-eye-feldspar-biotite porphyry. 361.55 - 469.35m: Mineralized hornfels. 469.35 - 667.40m: Mineralized hornfels with minor intervals of quartz-eye-feldspar-biotite porphyry. 667.40 - 1007.50m: Mineralized quartz-eye-feldspar-biotite porphyry. Metallurgical Scoping Study - M2 Bulk Sample: The Company commissioned C.H. Plenge & Cia S.A. ("Plenge") in Lima, Peru to complete additional test work on copper enriched/mixed (M-2) bulk composite. The initial test work on three composites taken from the partially leached (M-1), copper enriched/mixed (M-2) and primary Mo-rich (M-3) zones were reported on August 29, 2024. Previous testing on composite M2 with a head grade of 6.9 g/t silver, 0.62% copper 0.052% molybdenum were unconclusive with poor flotation lock cycle stability and the need for additional testing was highly recommended. The test works main objective was to improve the composite M2 metallurgy to obtain commercial grades of molybdenum and copper concentrates. Summary: By open circuit flotation a molybdenum concentrate was obtained assaying 12.5 g/t silver and 49.7% molybdenum with recoveries of 0.18%, and 78.0% respectively. The copper concentrate assayed 229 g/t silver, 28.7% copper and 0.07% molybdenum with recoveries of 60.3%, 74.4% and 2% respectively. The molybdenum concentrate mass pull is 0.09% and the copper concentrate is 1.6%. In a lock cycle test the recoveries will increase slightly and need to be confirmed. By bulk flotation open circuit, a concentrate assaying 54.3g/t, silver, 5.43% copper and 0.42% molybdenum was recovered with recoveries of 93.2%, 97.4% and 95.1% respectively. The concentrate mass pull was 11.2% equivalent to a RC of 8.93. Three (3) kinetic flotation tests were performed on the rougher concentrate at regrind times of 4, 8 and 16 minutes. The data shows high copper (99%) and molybdenum (98%) recoveries from the rougher concentrate at fine sizes require flotation times greater than 8 minutes. The cleaning flotation times were set to 10 minutes for this stage. Tests 10 through 12 tested the effect to regrind on copper molybdenum and copper gangue separation with following results. Announcement • Nov 28
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drillhole A24-021 on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole A24-021 on the Aurora porphyry copper-molybdenum-silver project in southern Peru. Aurora Cu-Mo Project Summary of Drill Results for A24-021 Drill hole A24-021 commenced on September 04, 2024, at an inclination of -70 degrees on an azimuth of 170 degrees and ended on October 27 at 1192.15m. Summary geology is as follows: 0-2.50m: Overburden. 2.50 90.00m: Mineralized hornfels and quartz-eye-feldspar-biotite porphyry. 90 172.30m: Mineralized quartz-eye-feldspar porphyry. 172.30 225.60m: Mineralized intrusive breccia. 225.60 273.30m: Mineralized hornfels + breccia + quartz-eye-feldspar porphyry. 273.30 469.35m: Mineralized hornfels. o 469.35 473.00m: Mineralized hornfels + breccia + quartz-eye-feldspar porphyry. o 473.00 497.80m: Mineralized intrusive breccia. o 497.80 541.85m: Mineralized hornfels. o 541.85 576.20m: Mineralized quartz-eye-feldspar porphyry. o 576.20 984.00m: Mineralized hornfels. o 984.00 986.88m: Mineralized quartz-eye-feldspar porphyry. o 986.88 1038.35m: Mineralized hornfels. o 1038.35m 1192.15m: Mineralized quartz-eye-feldspar porphyry. Aurora Project Aurora Project is an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru. The Aurora Project was previously permitted for drilling in 2015 but was never executed. Thirteen historical drillholes, drilled in 2001 and 2005 totaling 3,900m were drilled over an area of approximately 1000m by 800m, cut significant intervals of copper and molybdenum mineralization. From logging of the only three remaining holes DDA-01, DDA-3A and DDA-3 and data now available, it appears that only three of the thirteen holes tested the enriched copper zone and only one hole drilled deep enough to test the primary copper and molybdenum zone. Salient historic drillhole data of the Aurora Project are: 190m @ 0.57% Cu, 0.008% Mo in DDA-1 with a high-grade intercept of 20m @ 1.01% Cu related to a supergene enrichment zone of secondary chalcocite; 142m @ 0.5% Cu, 0.004% Mo in DDA-3; 71.7m @ 0.7% Cu, 0.007% Mo in DDA-; and One of the historical holes ABC-6 drilled on the edge of the system intersected 78m @ 0.45% Cu and 0.107% Mo. A review of the historical drilling indicates that the majority of the thirteen holes were drilled in the leached and partially leached zones of the porphyry system. Ten of the thirteen holes never fully tested the oxide and secondary enrichment zone and/or the primary copper zone at depth encountered in DDA-01. Copper-molybdenum mineralization is hosted by quartz-feldspar porphyries intruded into slates-hornfels and pelitic sandstones belonging to the Ordovician (439 - 463 ma) Sandia Formation. Announcement • Oct 10
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drill Hole A24-019A on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole A24-019A on the Aurora porphyry copper-molybdenum-silver project in southern Peru. Highlights. Drillhole A24-019A was drilled off the same drill platform as A24-017 with the aim of expanding the copper mineralization in the northeast. This drillhole intersected copper mineralization from 34.30m extending to 168m in mineralized hornfels. This hole was a redrill of A20-019 which was stopped in a near surface fault at 66.88m. Unfortunately, A24-019A also entered the fault zone, which resulted in the hole being stopped at 267.45m. Results were as follows: 0.21% Cu over 133.70m from 34.30m to 168.00m. 0.40% Cu over 59.70m from 34. 30m to 94.00m. DLP has engaged AMC Consultants to initiate and complete the preliminary NI43-101 compliant resource estimation on Aurora. AMC are renowned international mining consultants whose clients include the world's leading mining and exploration companies, corporate advisors, financial institutions, and insurance companies. Four holes drilled in the east and northeast in 2024, have all intersected good near surface copper-silver mineralization expanding the copper-silver shell over the project area. In addition to continued drilling, to expand both copper-silver and molybdenum mineralization at Aurora, have also engaged AMC Consultants to initiate the preliminary resource estimation on Aurora. It is expected that AMC will have the preliminary resource estimate completed by March 2025. Announcement • Jul 31
DLP Resources Inc., Annual General Meeting, Oct 07, 2024 DLP Resources Inc., Annual General Meeting, Oct 07, 2024. Announcement • May 04
DLP Resources Inc. announced that it has received CAD 6.423682 million in funding On May 3, 2024, DLP Resources Inc. closed the transaction. The company issued an aggregate of 16,059,205 units of the Company at an issue price of CAD 0.40 per Unit for gross proceeds CAD 6,423,682, comprised of 12,056,705 Units issued under the Brokered Offering and 4,002,500 Units issued under the Non-Brokered Offering. In connection with the Brokered Offering, the Agents received an aggregate cash fee of CAD 287,680.46. In addition, the Company granted the Agents 719,201 non-transferable compensation warrants. Each Compensation Warrant will entitle the holder thereof to purchase one Common Share at the Offering Price for a period of 24 months following the closing of the Offering. In addition, the Company paid an aggregate cash fee of CAD 112,070 and granted 280,175 finder’s warrants to certain eligible finders in connection with the Non Brokered Offering. Each Finder’s Warrant will entitle the holder thereof to purchase one Common Share at the Offering Price for a period of 24 months following the closing of the Offering. Announcement • Apr 11
DLP Resources Inc. announced that it expects to receive CAD 6 million in funding DLP Resources Inc. announced a brokered private placement of up to 15,000,000 units at an issue price of CAD 0.40 per unit for the gross proceeds of CAD 6,000,000 on a commercially reasonable efforts basis on April 10, 2024. Each unit shall consist of one common share in the capital of the company and one share purchase warrant. Each warrant shall entitle the holder thereof to purchase one share at a price of CAD 0.54 for a period of 36 months from the closing date The Offering is expected to close on or around May 3, 2024 or such other date as agreed upon between the company and the Agents and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The securities to be issued under the Offering will have a hold period of four months and one day from the closing date. Announcement • Jan 06
DLP Resources Inc. Announces Chief Financial Officer Changes DLP Resources Inc. has appointed a new Chief Financial Officer - Scott Davis, CPA CGA, as of January 01, 2024. Scott assumes the CFO role from Robin Sudo, who is stepping down to focus more on administrative and land management roles for DLP. Scott Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants. Scott has over 20 years of experience working with junior exploration public companies and has held several CFO positions with companies listed on the TSX Venture Exchange. Scott's experience consists of senior management positions, including Assistant Financial Controller with Appleby, Auditor with Davidson & Company LLP Chartered Professional Accountants auditing junior exploration companies, and Accounting Manager with Pacific Opportunity Capital Ltd. Announcement • Jan 05
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drill Hole, A23-013 on the Aurora Porphyry Copper-Molybdenum Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole, A23-013 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first twelve drillholes, A22-001, A22-002, A22-003, A23-004, A23-005, A23-006, A23-007, A23-008, A23-009, A23-010, A23-011 and A23-012 were last released on November 14, 2023. Drillhole A23-013 was drilled approximately 515m northwest of drillhole A23-012 and intersected significant copper and molybdenum mineralization throughout the hole to a depth of 981.20m. A23-013 ended in molybdenum mineralize and the most significant mineralized intervals included: 0.82% CuEq over 773.20m (0.17% Cu, 0.1221% Mo and 1.91g/t Ag) from 208.00m to 360.00m. 0.57% CuEq over 170.00m (0.30% Cu, 0.0490% Mo and 2.78g/t Ag) from 360.00m to 530.00m. 1.04% CuEq over 451.20m (0.05% Cu, 0.1883% Mo and 0.72g/t Ag) from 530.00m to 981.20m. Announcement • Nov 02
DLP Resources Inc. announced that it has received CAD 3.311125 million in funding On November 1, 2023, DLP Resources Inc. closed the transaction. The company now issued 2,622,000 units at an issue price of CAD 0.50 per unit for the gross proceeds of CAD 1,311,000. In aggregate under the Private Placement, the Company issued 6,622,250 Units at a price of CAD 0.50 per Unit for gross proceeds of CAD 3,311,125, exceeding the Company’s initial announcement by CAD 311,125. The Company received an extension from the TSX Venture Exchange to closing of the Private Placement until November 3, 2023. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one Share for a period of twenty-four months from the date of issue at an exercise price of CAD 0.80 per Warrant Share, subject to an acceleration clause in the event the trading price of the Shares equals or exceeds CAD 1.10 for a period of 20 consecutive days. The securities offered in the Second Tranche are subject to a four month and a day transfer restriction from the date of issuance expiring on March 2, 2024, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. In connection with the Private Placement, the Company paid certain finders, including Haywood Securities Inc., Canaccord Genuity Corp., Vanhart Capital Corp. and Wendy Thompson, the following finders’ fees a cash commission in the aggregate amount of CAD 44,389, being up to 7.0% of the gross proceeds raised under the Private Placement from investors introduced to the Company by such finders; and issued 88,778 non-transferable common share purchase warrants being equal to 7.0% of the Units sold under the Private Placement from
investors introduced to the Company by such finders. Each Finder's Warrant entitles the holder
thereof to purchase one Share of the Company at a price of CAD 0.50 per Share for a period of two years from the date of issuance. The transaction was oversubscribed. Announcement • Oct 12
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drill Hole, A23-011 on the Aurora Porphyry Copper-Molybdenum Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole, A23-011 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first ten drillholes, A22-001, A22-002, A22-003, A23-004, A23-005, A23-006, A23-007, A23-008, A23-009 and A23-010 were released on September 05, 2023. Highlights: Drillhole A23-011 was drilled approximately 268m southwest of drillhole A23-010 and intersected significant copper and molybdenum mineralization throughout the hole to a depth of 1081.70m. A23-011 ended in molybdenum mineralization and the most significant mineralized intervals included: 0.53% CuEq over 970.70m (0.17% Cu, 0.0667% Mo and 1.81g/t Ag) from 111m to 1081.70m; 0.54% CuEq over 32.00m (0.44% Cu, 0.0125% Mo and 3.69g/t Ag) from 183.00m to 215.00m; 0.66% CuEq over 557.70m (0.09% Cu, 0.1078% Mo and 1.38g/t Ag) from 524.00m to 1081.70m; 0.81% CuEq over 365.70m (0.07% Cu, 0.1403% Mo and 0.66g/t Ag) from 716.00m to 1081.70m. Aurora Cu-Mo Project Summary of Drill Results for A23-011: Drillhole A23-011 commenced on August 16, 2023 and was completed on September 16, 2023 at a depth of 1081.70m. The drillhole was drilled on an azimuth of 025 degrees with a dip of -70 degrees. Coordinates are 8,565,440mN and 189,970mE at an elevation of 2760m. 0 3.10m: Overburden, no core recovered; 3.10 192.15m: Hornfels with minor chalcopyrite with molybdenite. Upper 110m is partially leached; 192.15 297.70m: Quartz-eye-feldspar-biotite porphyry (QEFBP) with moderate to strong intermediate argillic alteration and quartz-sericite alteration overprint of weak secondary biotite alteration. Mineralization includes minor amounts of disseminated chalcopyrite with trace chalcocite and covellite, moderate amounts of pyrite and trace molybdenite. Fault zone on lower contact; 297.70 524.00m: QEFBP with moderate secondary biotite alteration and minor fluorite with moderate chalcopyrite-pyrite mineralization and minor molybdenite; 524.00 704.70: QEFBP with moderate quartz-sericite alteration overprint on potassically altered porphyry. Minor chalcopyrite-pyrite mineralization with moderate molybdenite Mineralization; 704.70 1081.70m: QEFBP and quartz-feldspar porphyry (QFP) with moderate to strong coarse graine muscovite and K-feldspar alteration and weak intermediate argillic overprint. Mineralization includes moderate disseminated pyrite, minor chalcopyrite with intense molybdenite both disseminated and in quartz veinlets. The hole ended in molybdenite mineralization. Announcement • Aug 24
DLP Resources Inc. announced that it expects to receive CAD 3 million in funding DLP Resources Inc. announced a non-brokered private placement of up to 6,000,000 units at a price of CAD 0.50 per unit for gross proceeds of up to CAD 3,000,000 on August 22, 2023. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share for a period of 24 months from the date of issue at an exercise price of CAD 0.80 per warrant share, subject to an acceleration clause in the event the trading price of the shares equals or exceeds CAD 1.10 for a period of 20 consecutive days. The transaction will include participation from accredited investor and friends, family, business associate and existing shareholders. The company expects to pay finder's fees in connection with the transaction to certain eligible finders in the form of a cash commission of 7% of the gross proceeds raised under the transaction from investors introduced to the company by the finder and the issuance of such number of non-transferable common share purchase warrants of the company equal to 7% of the units issued under the transaction from investors introduced to the company by the finder. The transaction is subject to all necessary regulatory approvals including acceptance from the TSX Venture Exchange. All securities issued in connection with the transaction will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Announcement • Aug 13
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drill Hole, A23-009 on the Aurora Porphyry Copper-Molybdenum Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole, A23-009 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first eight drillholes, A22-001, A22-002, A22-003, A23-004, A23-005, A23-006, A23-007 and A23-008 were released on July 24, 2023. Highlights: Drillhole A23-009 was drilled approximately 868m SE of drillhole A23-007. A23-009 intersected significant copper mineralization throughout the hole to a depth of 709.55m where it ended in copper and molybdenum mineralization. The most significant mineralized intervals included: 0.32% CuEq over 790.15m (0.27% Cu, 0.0095% Mo and 2.39g/t Ag) from 0.40m to 790.15m. 0.44% CuEq over 314.00m (0.37% Cu, 0.0144% Mo and 2.86g/t Ag) from 303.00m to 617.00m. 0.59% CuEq over 56.00m (0.52% Cu, 0.0144% Mo and 3.46g/t Ag) from 561.00m to 617.00m. Aurora Cu-Mo Project - Summary of Drill Results for A23-009 Drillhole A23-009 commenced on June 28 and was completed on July 14 at 790.55m. The drillhole was drilled on an azimuth of 340 degrees with a dip of -70 degrees. Coordinates are 8,565,722mN and 190,135mE at an elevation of 2966m. 0-0.4m: Overburden. 0.4 - 4.35m: Hornfels. 4.35 - 212m: Intrusive breccia with QEFP (quartz-eye-feldspar porphyry) and QEFBP (quartz-eye-feldspar-biotite porphyry) with moderate chalcopyrite mineralization and weak molybdenite mineralization. Alteration is predominantly sericite with intermediate argillic overprint. 212 - 350m: QEFP with moderate chalcopyrite mineralization, weak molybdenite mineralization. Alteration is predominantly moderate to strong quartz-sericite alteration with pyrrhotite. 350 - 392m: Intrusive breccia of QEFP with hornfels clasts. Fine sulphide stringers with chalcopyrite, pyrite and pyrrhotite occur throughout. Alteration is predominantly quartz- sericite. 392 - 577.3m: QEFP with moderate chalcopyrite mineralization and associated pyrrhotite and trace molybdenite. Alteration is predominantly quartz-sericite. 577.3 - 624m: Intrusive polymictic breccia with QEFP and hornfels clasts. Moderate chalcopyrite mineralization with pyrite and trace Mo. Alteration is predominantly quartz- sericite. 624 - 790.55m: Silicified hornfels with micro veinlets of sulphides consisting of pyrite and chalcopyrite with disseminated pyrrhotite. Fluorite veinlets are observed in this interval. Announcement • Jul 27
DLP Resources Inc. Announces Receipt of Complete Drill Results for Drill Hole, A23-007 and A23-008 on the Aurora Porphyry Copper-Molybdenum Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for drillhole, A23-007 and A23-008 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first six drillholes, A22-001, A22-002, A22-003, A23-004, A23-005 and A23-006 were released on December 05, 2022, January 05, 2023, May 02, 2023, June 01, 2023 and June 12, 2023. Drillhole A23-008 was drilled approximately 300m SE of drillhole A23-007. A23-007 intersected significant molybdenum-copper mineralization throughout the hole to a depth of 703.65m where it ended in very good molybdenum mineralization. The most significant mineralized intervals included: 0.40% CuEq over 700.55m (0.10% Cu, 0.0852% Mo and 1.18% Ag) from 3.1m to 703.65m. 0.56% CuEq over 301.65m (0.03% Cu, 0.1548% Mo and 0.26g/t Ag) from 402m to 703.65 m. Drillhole A23-007 was drilled approximately 237m west of drillhole A23-006 on the contact of the hornfels with the intrusive porphyry. ALS meets all requirements of International Standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures. DLP Resources independently monitors quality control and quality assurance ("QA/QC") through a program that includes the insertion of blind certified reference materials (standards), blanks and pulp duplicate samples. The company is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data reported from 0m to 708.25m in A23-007 and 3.1m to 7 March. Aurora Project as an advanced stage porphyry copper-morybdenum exploration project in the Province of Calca, SE Peru. The Aurora Project was previously permitted for drilling in 2015 but was never executed. Thirteen historical drillholes, drilled in 2001 and 2005 totaling 3,900m were drilled over an area of approximately 1000m by 800m, cut significant intervals of copper and molybdenum mineralized mineralization. From logging of the only three remaining holes DDA-01, DDA-3A and DDA-3 and data now available, it appears that only three of the thirteen holes tested the enriched copper zone and only one hole drilled deep enough to test the primary copper and molyssdenum zone. Salient historic drillhole data of the Aurora Project are: 190m @ 0.57% Cu, 0.008% Mo in DDA-1 with a high-grade intercept of 20m @ 1.01% Cu related to a supergene enrichment zone of secondary chalcocite; 142m @ 0.5% Cu, 0.004% Mo in DDA-3; and 71.7m @ 0.7% Cu, 0.007% Mo in DDA- 3A. One of the historical holes ABC-6 drilled on the edge of the system intersected 78m @ 0.45% Cu and 0.107% Mo. A review of the historical drilling indicates that the majority of the thirteen holes were drilled in the leached and partially leached zones of the porphyry system. Ten of the thirteen holes never fully tested the oxide and secondary enrichment zone and/or the primary copper zone at depth encountered in DDA-01. Copper-molybdenum mineralization is hosted by quartz-feldsparries intruded into slates-hornfels and pelitic sandstones belonging to the Ordovician (439 - 463 ma) Sandstone. Announcement • Jun 13
Dlp Resources Inc. Announces Receipt of Complete Drill Results for the Sixth Hole, A23-006 on the Aurora Porphyry Copper-Molybdenum Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for the sixth hole, A23-006 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first five drillholes, A22-001, A22-002, A22-003, A23-004 and A23-005 were released on December 05, 2022, January 05, 2023, May 02, 2023 and June 01, 2023. Highlights. Drillhole A23-006 intersected significant molybdenum-copper mineralization throughout the hole to a depth of 708.55m where it ended in very good molybdenum mineralization. The most significant mineralized intervals included: 0.72% CuEq over 617.55m (0.17% Cu, 0.148% Mo and 1.82g/t Ag) from 91.00m to 708.55m. 0.82% CuEq over 36.00m (0.62% Cu, 0.031% Mo and 9.10g/t Ag) from91.00m to 127.00m. 0.80% CuEq over 387.55m (0.07% Cu, 0.205% Mo and 0.74g/t Ag) from 321.00m to 708".55m. 1.01% CuEq over 208.55m (0.08% Cu, 0.260% Mo and 0.86g/t Ag) from 500.00m to 7 08.55m. Results from drillhole A23-006 which was drilled approximately 448m WSW of A22-003 confirms extensive copper-molybdenUM mineralization across the northwestern extent of the Aurora project. DLP Resources independently monitors quality control and quality assurance ("QA/QC") through a program that includes the insertion of blind certified reference materials (standards), blanks and pulp duplicate samples. The company is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data reported from 0m to 708.55 in A23-006. Aurora Project as an advanced stage porphyry copper-morybdenum exploration project in the Province of Calca, SE Peru. The Aurora Project was previously permitted for drilling in 2015 but was never executed. Thirteen historical drill holes, drilled in 2001 and 2005 totaling 3,900m were drilled over an area of approximately 1,900m by 800m, cut significant intervals of copper and molybdenum mineralized mineralization. From logging of the only three remaining holes DDA-01, DDA-3A and DDA-3 and data now available, it appears that only three of the thirteen holes tested the enriched copper zone and only one hole drilled deep enough to test the primary copper and molybdenum zone. Announcement • Feb 07
DLP Resources Inc. announced that it has received CAD 1.40503 million in funding On February 6, 2023, DLP Resources Inc. closed the transaction. In connection with the transaction, the Company issued 261,835 finder’s warrants paid commissions of CAD 70,695.45. Each Finder’s Warrant entitles the holder, on exercise thereof, to acquire one additional Share at a price of CAD 0.27 per Share for a period of two years from the date of issuance. The securities offered in the transaction are subject to a four month and a day transfer restriction from the date of issuance expiring on June 7, 2023, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Announcement • Jan 18
DLP Resources Inc. announced that it expects to receive CAD 1 million in funding DLP Resources Inc. announced a non-brokered private placement of 3,703,704 units at an issue price of CAD 0.27 per Unit for gross proceeds of up to CAD 1,000,000 on January 17, 2023. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one common share for a period of two years from the date of issue at an exercise price of CAD 0.40 per warrant Share,subject to an acceleration clause in the event the trading price of the Shares equals or exceeds CAD 0.50 for a period of 10 consecutive days. The transaction will also include participation from accredited investor and friends, family and business associate and existing shareholders. The Company expects to pay finder's fees in connection with the transaction to certain eligible finders in the form of a cash commission of 7.0% of the gross proceeds raised under the transaction from investors introduced to the Company by the finder and the issuance of such number of non-transferable common share purchase warrants of the Company equal to 7.0% of the Units issued under the transaction from investors introduced to the Company by the finder. The transaction is subject to all necessary regulatory approvals including acceptance from the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. Announcement • Jan 06
DLP Resources Intersects 218M of 0.80% CuEq Within A 664.3M Interval of 0.53% CuEq on the Aurora Project in Southern Peru DLP Resources Inc. announced receipt of complete drill results for the third hole, A22-003 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first two drillholes, A22-001 and A22-002 were released on December 05, 2022. Drillhole A22-003 intersected significant copper-molybdenum mineralization from below the partially leached upper 38m down to the end of the hole at 702.30m. The most significant mineralized intervals included: 664.30m at 0.33% Cu, 483.14ppm Mo and 3.23g/t Ag (0.53% CuEq) from 38m to 702.30m. 132.00m at 0.69% Cu, 161.77ppm Mo and 5.65g/t Ag (0.80% CuEq) from 132.00m to 350m. 92m at 0.83% Cu, 71.07ppm Mo and 6.81g/t Ag (0.92% CuEq) from 258m to 350m. 180.30m at 0.07% Cu, 1283.78ppm Mo and 0.53g/t Ag (0.53% CuEq*) from 522m to 702.3m. Results from drillhole A22-003 continue to confirm Aurora is a robust porphyry copper-molybdenum system with mineralization now confirmed to a vertical depth of 660m below a surface elevation of 2762m. To date this is the deepest drilled hole on the Aurora project. Hole A22-003 was drilled to the NE of the mapped porphyry and hornfels contact at an angle of 70 degrees towards an azimuth of 210 degrees. The logged geology is summarized as follows: No core recovery from 0.00m to 2.70m. Partially leached intrusive breccia and hornfels from 2.70m to 36m. Mixed limonitic zone of partially leached sulphides consisting mainly of chalcopyrite and pyrite with secondary covellite and chalcocite on fractures within a hornfels from 36m to 132m. Mixed zone of partially leached sulphides (chalcopyrite and pyrite) and secondary enrichment of secondary covellite and chalcocite on sulphides and fractures from 132m to 350m. Host rock is hornfels with occasional diorite sills. Announcement • Apr 29
DLP Resources Inc. announced that it expects to receive CAD 0.3 million in funding DLP Resources Inc. (TSXV:DLP) announced a non-brokered private placement of up to 1,200,000 flow-through common shares at an issue price of CAD 0.25 per share for gross proceeds of CAD 300,000 on April 27, 2021. The company will pay finders fee's to certain eligible finders in the form of a cash commission of 7.0% of the gross proceeds raised in the transaction. The transaction included participation from accredited investor, friends, family and business associate. Announcement • Jul 31
MG Capital Corporation announced that it has received CAD 1.672289 million in funding On July 29, 2020, MG Capital Corporation (TSXV:DLP) closed the transaction. The company has issued 2,922,051 common shares for gross proceeds of CAD 555,189.69 and 4,856,954 flow-through common shares for gross proceeds of CAD 1,117,099.42, for an aggregate gross proceeds of CAD 1,672,289. The company has paid a finder's fees of CAD 116,384.16 and issued an aggregate of 541,146 non-transferable warrants to certain eligible finders. Each finder's warrant will entitle the holder thereof to acquire one common share for an exercise price of CAD 0.25 per share for a period of two years from closing of the transaction.