Third Hole Drilling At Aurora Project

CRANBROOK - DLP Resources Inc. reported on drill results for the third hole, A22-003 on the Aurora porphyry copper-molybdenum project in southern Peru. Results for the first two drillholes, A22-001 and A22-002 were released previously. Drillhole A22-003 intersected significant copper-molybdenum mineralization from below the partially leached upper 38m down to the end of the hole at 702.30m. The most significant mineralized intervals included: 664.30m at 0.33% Cu, 483.14ppm Mo and 3.23g/t Ag (0.53% CuEq) from 38m to 702.30m; 132.00m at 0.69% Cu, 161.77ppm Mo and 5.65g/t Ag (0.80% CuEq) from 132.00m to 350m; 92m at 0.83% Cu, 71.07ppm Mo and 6.81g/t Ag (0.92% CuEq) from 258m to 350m; and 180.30m at 0.07% Cu, 1283.78ppm Mo and 0.53g/t Ag (0.53% CuEq*) from 522m to 702.3m.

Results from drillhole A22-003 continue to confirm Aurora is a robust porphyry copper-molybdenum system with mineralization now confirmed to a vertical depth of 660m below a surface elevation of 2762m. To date this is the deepest drilled hole on the Aurora project.

Ian Gendall, President and CEO, said, "These significant copper and molybdenum results received for A22-003 are not a surprise as we expect to continue to expand the footprint of the Aurora copper-molybdenum porphyry both at depth and over the known surface dimensions of at least 1000m by 500m. Further drilling for the first six months of 2023 will be to the west and northwest of drillhole A22-003, covering an additional untested portion of the system."