Slide 1: Advancing a Dual-Asset Copper Strategy in Peru
Cusco AURORA Arequipa ADVANCING A DUAL-ASSET ESPERANZA COPPER STRATEGY IN PERU DLP: TSXV | DLPRF: DLP: TSXV | DLPRF: OTCQB | J8C: FSE | OTCQB | dlpresourcesinc.com J8C: FSE September 2026 1
Slide 2: Forward Looking Statements
Forward Looking Statements Cautionary Note Regarding Technical Information Preliminary Economic Assessment The Preliminary Economic Assessment ("PEA") described in this presentation is preliminary in nature. The PEA includes inferred mineral resources that are considered too speculative geologically
Slide 3: Forward Looking Statements
Forward Looking Statements Forward-looking information is subject to a number of risks and uncertainties, many of which are beyond the Company's control. Actual results, performance, or achievements could differ materially from those projected in the forward-looking information as a result of factor
Slide 4: Highlights: Dual-Asset Peru Copper Platform
Highlights: Dual-Asset Peru Copper Platform $2,703M 18.5% 35,000 Ha $2M Aurora’s NPV8% Aurora’s IRR 100%-owned (Aurora + Esperanza) cash on hand Aurora Esperanza Parobamba, Peru (2,000 – 3,000 metres elevation) Arequipa, Peru Tier 1 Scale ● PEA Stage Discovery District Scale ● Discovery Upside ● Exp
Slide 5: Location & Infrastructure
Location & Infrastructure Ideally located with easy road and rail access N Infrastructure options Peru Aurora Aurora › Aurora to Huacapuy: 124km paved & Lima Urubamba unpaved road Esperanza Huacapuy Las Bambas › Huacapuy Train Terminal to Matarani port by Los Chancas rail – 689km Constancia › Aurora
Slide 6: PEA at a Glance
PEA at a Glance 100%-owned, Tier 1 and district-scale (12,500 Ha) in a proven mining district. N PEA After-Tax Economics Aurora deposit NPV8% IRR Payback $2,703 18.5% 5.2 Million Dollars Years PEA Operational Highlights Mine Life Initial CAPEX Throughput 17.5 $2,377 65,000 Years USD M Tonnes per day
Slide 7: Updated Mineral Resource Estimate
Updated Mineral Resource Estimate Substantially increased resource estimate with increased confidence Tonnes Cu Mo Ag CuEq CuEq Classification (Mt) (%) (%) (g/t) (%) (Mlbs) Open Pit — NSR cut-off US$6.9/t milled Indicated 382.58 0.24 0.020 2.46 0.37 3,118.21 Inferred 537.86 0.25 0.023 2.96 0.40 4,73
Slide 8: Multi-Phase Expansion Optionality
Multi-Phase Expansion Optionality PEA is a natural foundation for multi-phase underground expansion optionality. 1 NSR blocks > Cutoff Indicated & Inferred Resources Based on LOM $/t milled at 13.05 and Outside of Mine Plan adjusting for UG development, all the known blocks are above NSR cutoff. PEA
Slide 9: Benchmarking on a P/NAV Basis
BENCHMARKING ON A P/NAV BASIS Severely undervalued based on P/NAV → Significant Rerating Potential Base Metal Developers: P/NAV 1.20 1.00 0.80 P/NAV 0.60 Average 0.40 P/NAV: 0.35 0.20 0.02 - FDY NGEX NCX MOON Average MARI OM AMC ATX SLS PCU WRN ALDE LA MOLY SURG DLP Source: Company Reports, Analyst
Slide 10: Esperanza: New District-Scale Copper-Gold Discovery
Esperanza: New District-Scale Copper-Gold Discovery High-grade, near surface copper located amongst the world’s largest copper mines N Chapi Near-term IPO Los Calatos Cerro Verde 137 Mt @ 0.73% Cu (M&I) 3.86 Bt @ 0.34% Cu (2P) 216 Mt @ 0.78% Cu (Inf) 1.81 Bt @ 0.32% Cu (M&I) 637 Mt @ 0.34% Cu (Inf)
Slide 11: Esperanza: New District-Scale Copper-Gold Discovery
Esperanza: New District-Scale Copper-Gold Discovery Multiple characteristics consistent with a large-scale copper porphyry N › 22,500 hectares located 72km from Arequipa City via road › Infrastructure advantage → mature mining district 395 › 5.0km x 2.5km anomaly corresponding with high-grade sampli
Slide 12: Esperanza: New District-Scale Copper-Gold Discovery
Esperanza: New District-Scale Copper-Gold Discovery High-grade rock chip panel samples corresponding to the geophysical anomaly N N Trench - Panel Sampling Results › 54 metres of 1.53% Cu from surface, including: › 14 metres of 1.88% Cu from 6 metres; and › 10 metres of 2.29% Cu from 42 metres. › 86
Slide 13: Esperanza: New District-Scale Copper-Gold Discovery
Esperanza: New District-Scale Copper-Gold Discovery Rare opportunity to drill test a new potentially world class target in Q3/Q4 3D Magnetic Susceptibility / Inversion › 5.0km x 2.5km anomaly corresponding with high- grade sampling N › Esperanza has: › Coincident anomalies – potential large-scale co
Slide 14: Upcoming Corporate Milestones
Upcoming Corporate Milestones Multiple exploration and development catalysts 2026 2027 2028 Aurora Development Plan PEA Prefeasibility Study – Strategic Partner Geophysics Infill drilling Environmental Studies Esperanza Exploration Plan Drilling – 3,000m Geophysics + Grid Sampling DLP: TSXV | DLPRF:
Slide 15: Community First
Community First Parobamba Community Agreement › Land use & exploration agreement to 2032 Parobamba Community, › Since 2022, invested >US$1 million in Yanatile District community employment, projects and initiatives › Up to 26 individuals employed on a rotation basis › >210 individuals for the 2025 d
Slide 16: Management & Board
Management & Board Proven track record across major mining jurisdictions – Peru, Canada, Chile, South Africa and Australia LEADERSHIP TEAM IG Ian Gendall WB William Bennett SD Scott Davis GI Gautam Iyer RS Robin Sudo President & CEO Chairman CFO / CPA, CGA VP CD & IR Office & Land Mgr / Corporate Se
Slide 17: Corporate Snapshot
Corporate Snapshot Corporate Structure Shareholding Breakdown Working Capital (C$M) $2 Insiders (13%) Shares (issued) 177,902,596 Warrants 68,130,589 Options 5,206,941 RSUs 2,972,173 Retail (37%) PSUs 314,000 DSUs 4,385,586 Shares (FD) 258,911,885 Long-term Share Price (C$/sh) $0.36 holders Market C
Slide 18: Contact Us
ADVANCING A DUAL-ASSET COPPER STRATEGY IN PERU Cusco AURORA CONTACT US #201 – 135 10th Ave. S. Cranbrook, BC V1C 2N1 IAN GENDALL Arequipa ESPERANZA CEO & President iangendall@dlpresourcesinc.com GAUTAM IYER VP Corporate Development & IR gautamiyer@dlpresourcesinc.com DLP: TSXV | DLPRF: DLP: TSXV | D
Slide 19: Appendix: Supplementary Data & References
Appendix: Supplementary Data & References DLP: TSXV | DLPRF: OTCQB | J8C: FSE | dlpresourcesinc.com 19
Slide 20: Why Copper: Global Macro Fundamentals
Why Copper: Global Macro Fundamentals ~$6.00/lb 50% -150,000 t 4.7 Mt LME Copper Spot Demand growth Supply deficit ex-U.S. Deficit Price (2026) forecast to 2040 expected 2026 projected by 2030 Demand Drivers Supply Squeeze The Electrification Revolution A Structural Deficit › Energy Transition: REN2
Slide 21: Why Molybdenum: Global Macro Fundamentals
Why Molybdenum: Global Macro Fundamentals ~$34/lb -13,000 t 90% 4.7% CAGR Mo oxide Supply deficit forecast Global output, top 5 Market growth rate spot price (June 2026) 2026 countries 2025 - 2035 Demand Drivers Supply Concentration Where molybdenum goes A geopolitically scarce metal › High-strength
Slide 22: Esperanza: New District-Scale Copper-Gold Discovery
Esperanza: New District-Scale Copper-Gold Discovery Superposition of the inversion model B-B' cross-section with geological interpretation SW NEN B’ B 1. Large vs. Small Deposits: Giant deposits like Sar-Cheshmeh in Iran often show high max Sr/Y ratios (>100), while small or barren systems often hav
Slide 23: References & Citations
References & Citations Mineral Resource & Reserve Estimates (Slides 7, 9, 11) Aurora: NI 43-101 Technical Report on the Aurora Cu-Mo-Ag Property in Calca Province, Peru. Prepared by AMC Consultants. Effective date: January 31, 2025. Canariaco: Canariaco Copper Project: NI 43-101 Technical Report & P
Slide 24: Aurora: A Copper-Molybdenum Porphyry Giant
Aurora: A Copper-Molybdenum Porphyry Giant One of the largest Molybdenum deposits in the world Contained Freeport’s Climax Mine, considered the highest-grade Molybdenum mine in the world, has an Metal (Mlbs) average grade of 0.15% Mo. 2,000.00 Aurora’s Molybdenum zone will average between 0.15% - 0.
Slide 25: Aurora: A Copper-Molybdenum Porphyry Giant
Aurora: A Copper-Molybdenum Porphyry Giant Comparable Peruvian copper deposits: DLP is trading at an 86% discount to its peer group Contained Metal (Mlbs) 25,000 Copper Peer Group Average: $0.046/lb CuEq Copper equivalent DLP Resources: $0.007/lb 20,000 Panoro Minerals: $0.053/lb Pecoy Copper: $0.03