DLP Resources Intersects 130m of 0.50% CuEq* within a 927.45m Interval of 0.31% CuEq*, on the Aurora Project
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October 22, 2025 6:00 AM EDT | Source: DLP Resources Inc.
Cranbrook, British Columbia--(Newsfile Corp. - October 22, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (FSE: J8C) ("DLP" or the "Company") announces receipt of complete drill results for drillholes A25-023 and A25-024 on the Aurora porphyry copper-molybdenum-silver project in southern Peru. (Figure 1).
The Company is undertaking exploration drilling in conjunction with completing a Preliminary Economic Assessment Study ("PEA"). The PEA study is being conducted by Global Resource Engineering ("GRE") with C.H. Plenge & Cia S.A. ("Plenge") performing additional metallurgical test work. The first drill result highlights are as follows:
Highlights of the Initial Drill holes
- Drillhole A25-023 was drilled off platform A24-018 with the aim of extending mineralization to the southwest. This drillhole intersected copper-silver and molybdenum mineralization from 1.20m to the end of the hole at 928.45m. Summary results were as follows:
- 0.31% CuEq* over 927.45m from 1.20m to 928.65m.
- 0.36% CuEq* over 628.65m from 300.00m to 928.65m.
- 0.42% CuEq* over 188.00m from 300.00m to 488.00m.
- 0.50% CuEq* over 130.00m from 332.00m to 462.00m.
- Drillhole A25-024 was drilled approximately 180m east of A23-012 and approximately 327m south of the last 2024 drillhole A24-022. The aim of this drillhole was to extend mineralization to the southeast. This drillhole intersected copper-silver and molybdenum mineralization from 10.00m to the end of the hole at 909.65m. Summary results were as follows:
- 0.16% CuEq* over 899.65m from 10.00m to 909.65m.
- 0.27% CuEq* over 321.65m from 588.00m to 909.65m.
- 0.42% CuEq* over 233.65m from 676.00m to 909.65m.
The complete set of results for A25-023 and A25-024 are summarized in Table 1 below.
Mr. Gendall, President and CEO commented: "Drillholes A25-023 and A25-024 were successful in extending copper, molybdenum and silver mineralization to the southwest and southeast of the known resource. We continue to see copper mineralization in the upper part of the holes with increasing molybdenum mineralization downhole with both holes ending in very high-grade molybdenum mineralization. The Company continues to be pleased with the length of continuous mineralization in the drill holes and the potential to increase the size of the maiden resource.
Aurora Cu-Mo-Ag Project - Summary of Drill Results
Drill hole A25-023 (Figures 2,3,4 and 5) commenced on July 16 at an inclination of -70 degrees towards 215 degrees (SW) and ended on September 05 at 928.65m. (see Tables 1 and 2 and Figure 2).
Summary geology is as follows:
- 0.00 - 1.20m: Overburden.
- 1.20 - 111.20m: Mineralized hornfels.
- 111.20 - 383.15m: Mineralized intermineral porphyry.
- 383.15 - 928.65m: Mineralized hornfels.
Table 1. Summary of Drill Results for Diamond Drillhole A25-023. All grades are length-weighted averages of samples within the interval reported.
| Hole | From | To | Interval1 | Description | Cu (total) | Mo | Ag | CuEq* | | ID | m | m | m |
| % | % | g/t | % | | A25-023 | 1.20 | 928.65 | 927.45 | Mineralized hornfels + intermineral porphyry | 0.21 | 0.0173 | 2.38 | 0.31 | | Includes | 300.00 | 928.65 | 628.65 | Mineralized hornfels | 0.23 | 0.0246 | 2.38 | 0.36 | | Includes | 300.00 | 488.00 | 188.00 | Mineralized hornfels. | 0.33 | 0.0146 | 3.17 | 0.42 | | Includes | 332.00 | 462.00 | 130.00 | Mineralized hornfels + porphyry | 0.39 | 0.0183 | 3.68 | 0.50 |
Table 2: A25-023 Diamond drillhole location, depth, orientation and inclination.
| Hole | Easting | Northing | Elevation | Length | Azimuth | Inclination | | ID | m | m | m | m | Degrees | Degrees | | A25-023 | 189,906 | 8,565,902 | 3022 | 928.65 | 215 | -70 |
Co-ordinates are in WGS84 Zone 19S.
Drill hole A25-024 (Figures 2,3,4 and 5) commenced on July 25 at an inclination of -75 degrees towards 75 degrees (E) and ended on August 28 at 909.65m. (see Table 3 and 4 and Figure 2).
Summary geology is as follows:
- 0.00 - 10.00m: Overburden.
- 10.00 - 32.40m: Mineralized hornfels and intermineral porphyry.
- 32.40 - 548.75m: Mineralized intermineral porphyry.
- 548.75 - 755.45m: Mineralized intermineral porphyry and hornfels.
- 755.45 - 909.65m: Mineralized intermineral and early porphyry with hydrothermal breccia zone.
Table 3. Summary of Drill Results for Diamond Drillhole A25-024. All grades are length-weighted averages of samples within the interval reported.
| Hole | From | To | Interval1 | Description | Cu (total) | Mo | Ag | CuEq* | | ID | m | m | m |
| % | % | g/t | % | | A25-024 | 10.00 | 909.65 | 899.65 | Mineralized hornfels, porphyry and breccia | 0.06 | 0.0203 | 0.62 | 0.16 | | Includes | 104.00 | 304.00 | 200.00 | Mineralized porphyry | 0.13 | 0.0042 | 1.68 | 0.16 | | Includes | 588.00 | 909.65 | 321.65 | Mineralized porphyry, hornfels and breccia | 0.05 | 0.0430 | 0.38 | 0.27 | | Includes | 676.00 | 909.65 | 233.65 | Mineralized intermineral + early porphyry with hydrothermal breccia | 0.05 | 0.0511 | 0.40 | 0.42 |
Note: *Copper equivalent grades (CuEq*) are for comparative purposes only. Cu and Ag values are cut to 5% and 100g/t respectively and Mo is uncut. Core recovery is assumed to be 100% for the entire drilled lengths of A25-023 and A25-024. The project is at an early stage of exploration and recoveries of Cu 84%, Mo 86%, and Ag 61%, as determined from the NI 43-101 - Aurora Technical Report** 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$4.00/lb, Mo - US$20/lb and Ag - US$23/oz.
** The Report can be found under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website.
1 Intervals are downhole drilled core lengths. Drilling data to date is insufficient to determine true width of mineralization. Cu and Ag values are cut to 5% and 100g/t respectively and Mo is uncut.
Table 4: A25-024 Diamond drillhole location, depth, orientation and inclination.
| Hole | Easting | Northing | Elevation | Length | Azimuth | Inclination | | ID | m | m | m | m | Degrees | Degrees | | A25-024 | 190,276 | 8,565,405 | 2657 | 909.65 | 075 | -75 |
Co-ordinates are in WGS84 Zone 19S.
Drilling is ongoing with drillholes A25-025 now complete and A25-026 and A25-027 in progress (See Figure 2). Results for A25-025 are awaited.
Quality Control and Quality Assurance
DLP Resources Peru S.A.C, a subsidiary of DLP Resources Inc., supervises drilling and carries out sampling of HTW, NTW and BTW core. Logging and sampling are completed at a secured Company facility situated on the project site. Sample intervals are nominally 1m to 3m in length. Drill core is cut in half using a rotary diamond blade saw and samples are sealed on site before transportation to the ALS Peru S.A.C. sample preparation facility in Arequipa by Company vehicles and staff. Prepared samples are sent to Lima by ALS Peru S.A.C. for analysis. ALS Peru S.A.C. is an independent laboratory. Samples are analyzed for 48 elements using a four-acid digestion and ICP-MS analysis (ME-MS61). In addition, sequential copper analyses are done where secondary copper mineralization is observed and reports, soluble copper using sulphuric acid leach, soluble copper in cyanide leach, residual copper and total copper. 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 for intervals reported in A25-023 and A25-024.
Preliminary Economic Assessment Study (PEA) Update
The Company's geological team and the Resource modeller have made significant progress updating the geological and resource models and GRE will commence the mine planning and pit optimization. Plenge is undertaking additional metallurgical tests on four bulk samples taken from the hornfels zone, enriched zone, copper rich zone and molybdenum rich zone at Aurora. GRE have completed the field review of infrastructure options at Aurora. The Company plans to release the study in the first quarter of 2026.
Aurora Project
Aurora Project is an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru (Figure 1). 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 (see DLP Resources Inc. news release of May 18, 2021).
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-3A (see historical Focus Ventures Ltd. news release July 11, 2012); 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.
Figure 1: DLP Project areas in Peru with Aurora Project Shown.
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Figure 2: Aurora Project - Plan view showing historic drilling and drilling by DLP in 2022-2023-2024 and latest 2025 drilling.
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Figure 3: Aurora Project - Simplified NW-SE section showing DLP drillholes. Mo is on the left, and the Cu is within the drillhole column.
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Figure 4: Aurora Project - Simplified Drill Log for A25-023 (COB: Cover/Overburden, HF: Hornfels, BXMH: Hydrothemal breccia, QEFP: Quartz-eye-feldspar porphyry, QEFBP: Quartz-eye-feldspar-biotite porphyry, QFP, Quartz feldspar porphyry.QFBP: Quartz-feldspar-biotite porphyry, I_Arg: Intermediate argillic Alteration, Phil: Phyllic Alteration).
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Figure 5: Aurora Project - Simplified Drill Log for A25-024 (COB: Cover/Overburden, HF: Hornfels, BXMH: Hydrothemal breccia, QEFP: Quartz-eye-feldspar porphyry, QEFBP: Quartz-eye-feldspar-biotite porphyry, QFBP: Quartz-feldspar-biotite porphyry, I_Arg: Intermediate argillic, Alteration Phil: Phyllic alteration, Pot_B: Potassic (biotite) alteration).
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Qualified Person
Mr. Gendall (Pr. Sci. Nat.) CEO & President of the company is the qualified person as defined by National Instrument 43-101. Mr. Gendall has reviewed and approved the technical contents of this news release.
About DLP Resources Inc.
DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF and on the FSE, trading symbol J8C. Please refer to our web site www.dlpresourcesinc.com for additional information.
FOR FURTHER INFORMATION PLEASE CONTACT:
DLP RESOURCES INC.
Ian Gendall, President and Chief Executive Officer
Derek White, Chairman
Jim Stypula, Lead Director
Robin Sudo, Corporate Secretary and Land Manager
Telephone: 250-426-7808
Email: iangendall@dlpresourcesinc.com
Email: derekwhite@dlpresourcesinc.com
Email: jimstypula@dlpresourcesinc.com
Email: robinsudo@dlpresourcesinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to drilling on the Aurora Project in Peru.
These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things drill results expected from the Aurora Project in Peru.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
 SOURCE: DLP Resources Inc. |
