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DLP Resources Announces Commencement of 2025 Drilling on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - July 22, 2025) - DLP Resources Inc. (TSXV: D...
About this update from Dlp Resources, Inc.
[{"type":"text","content":"DLP Resources Announces Commencement of 2025 Drilling on the Aurora Porphyry Copper-Molybdenum-Silver Project in Southern PeruCranbrook, British Columbia--(Newsfile Corp. - July 22, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (\"DLP\" or the \"Company\") is pleased to announce that drilling of A25-023 on the Aurora porphyry copper-molybdenum-silver deposit in southern Peru, has commenced (Figures 1 and 2).Aurora Project (Porphyry Cu-Mo-Ag Deposit)On February 27, 2025, DLP reported the results of a National Instrument (\"NI\") 43‐101 Technical Report on the maiden Mineral Resources for the Aurora Project (\"The Aurora 2025 Technical Report\"). The Mineral Resources are effective January 31, 2025 and were prepared by independent AMC Consultants Pty Ltd. (\"AMC\"). The Report can be found under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website.Highlights of the Aurora Maiden Mineral Resource included:Greater than 1 billion tonne Inferred Resource. The Mineral Resource contains 4,650 million pounds of copper, 1,110 million pounds of molybdenum and 80 million ounces of silver.A pit-constrained Inferred Resource of 1,050 Mt grading 0.20% copper, 0.05% molybdenum and 2.4 g/t silver (0.44% CuEq).The mineral resource is divided into a copper-rich zone and a molybdenum-rich zone with consistent distribution of mineralisation. Initial studies indicate these zones are laterally continuous within the modelled domains.The mineralisation remains open in many directions for further expansion of the mineral resources.Table 1. Aurora Project - Mineral Resources and metal content for copper, molybdenum and silver as of January 31, 2025Cut-off (NSR)Resource CategoryTonnage (Mt)CuEq(%)Cu(%)Mo (%)Ag(g/t)Cu metal(Mlb)Mo metal(Mlb)Ag metal(Moz)$5.75Inferred1,0500.440.200.052.44,6501,11080 Notes:Mineral Resources were prepared in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves (MRMR) (2014) and CIM MRMR Best Practice Guidelines (2019).Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.Metal prices copper US$4.00/lb, molybdenum US$20.00/lb, silver US$...