Cranbrook, British Columbia - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (FSE: J8C) ('DLP' or the 'Company') is pleased to announce results from an additional 94 surface rock chip samples at its 100%-owned Esperanza copper-gold-molybdenum Project ('Esperanza' or the '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.
Ian Gendall, President and CEO of DLP, commented: 'A 550 gram-per-tonne silver vein with 4.5 percent copper, from the very first vein we sampled in a corridor 6.5 kilometres from our main target, tells you a lot about the scale of the system we are working with at Esperanza. We now have three separate priority areas - the 5 by 2.5-kilometre magnetic anomaly we are about to drill, a new domain to the east that is still open, and a new polymetallic vein corridor to the northeast - plus exotic copper pointing to a source we have not yet found. This is exactly the pattern we want to see in an emerging porphyry district, and the upcoming 3,000-metre drill program is just the start of what will be a very active period of target follow-up at Esperanza.'
High-Grade Silver, Gold and Copper Results
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. Select samples from the surface sampling to date are highlighted in.
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.
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.
Two New Priority Target Areas Expand Esperanza to District Scale
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: 1. 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.
Elevated Sr/Y Ratio
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 fertile1. 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 districts3.
Maiden Drill Program
DLP is advancing permitting for a maiden 3,000-metre diamond drill program at Esperanza, with drilling expected to commence in late Q3 2026. The program will test the interpreted copper-gold core along the flanks of the magnetic anomaly and at depth, directly informed by the coincident geochemical, geophysical and alteration anomalies. The two new priority areas announced today will be advanced in parallel through detailed mapping, additional geochemistry and geophysical interpretation, building a pipeline of drill targets for follow-up programs.
About DLP Resources Inc.
DLP Resources Inc. is a mineral exploration company focused on its Aurora porphyry copper-molybdenum-silver project and Esperanza porphyry copper-gold project in Southern Peru. In February 2025, DLP announced a 1.05 billion-tonne inferred maiden resource grading 0.44% CuEq (0.20% Cu, 0.05% Mo, 2.4 g/t Ag) prepared by AMC Consultants Pty Ltd. ('AMC'). At Esperanza, the Company is progressing towards a maiden drill program in 2026, following up on the high-grade trench - panel sampling results corresponding with a 5.0km x 2.5km magnetic anomaly. DLP is listed on the TSX-V (DLP), on the OTCQB (DLPRF), and on the FSE (J8C).
Contact:
Ian Gendall
Email: iangendall@dlpresourcesinc.com
Gautam Iyer
Email: gautamiyer@dlpresourcesinc.com
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 further sampling, mapping and advancement of the Esperanza 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 rock chip results expected from the Esperanza 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.
(C) 2026 Electronic News Publishing, source ENP Newswire