Successful Drill Program At The Aurora Project

CRANBROOK, BC - DLP Resources Inc. reported on drillhole A24-022 at the Aurora porphyry copper-molybdenum-silver project in southern Peru. In addition, DLP is pleased to report further results from the metallurgical scoping study on its Aurora Project in southern Peru and extends warrants.

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: 1) 0.37% CuEq* over 1007.50m from 0.00m to 1007.50m. 2) 0.34% CuEq* over 679.00m from 0.00m to 679.00m. 3) 0.32% CuEq* over 374.00m from 159.00m to 533.00m. 4) 0.44% CuEq* over 474.50m from 533.00m to 1007.50m. 5) 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. 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.

Ian Gendall, President and CEO, said, ”Drillhole A24-022 was the last hole drilled for 2024 and once again, we had a very successful 2024 drill program with all nine holes intersecting very good molybdenum, copper and silver mineralization to 1000m plus depths. In addition, early-stage metallurgical testing has confirmed good recoveries, very good copper and molybdenum concentrate production with no significant deleterious elements. With all data now in for 2024 we can now advance the initial resource estimate expected in Q1 of 2025."