Mr. Ian Gendall reports

DLP RESOURCES DISCOVERS COPPER ON THE 100 % OWNED ESPERANZA PROJECT WITH ROCK SAMPLES RETURNING UP TO 4.71% CU, 28.8PPM MO, 3540PPM ZN AND 383PPM CO

DLP Resources Inc. has received the first phase of rock sampling results from the Esperanza porphyry copper-molybdenum project immediately south of the Chapi mine in southern Peru.

Results for 44 rock samples taken in the initial reconnaissance sampling and mapping of the northwestern part of the project have returned highly anomalous copper, molybdenum, cobalt and zinc in mapped intrusive stocks and polymictic breccias within the overlying volcanics.

Highlights

Ten of the 44 rock-chip samples returned values between 1.1 per cent copper and 4.67 per cent copper (see attached table). These samples were taken from outcropping quartz diorite and polymictic breccias with visible copper oxides, iron oxides and tourmaline in fractures.

Rock-chip samples with high copper grades included:

• Sample 1161 -- 3.88 per cent Cu, 1.47 ppm Mo, 3,540 ppm Zn and 281 ppm Co;
• Sample 1162 -- 2.84 per cent Cu, 1.75 ppm Mo, 2,510 ppm Zn and 237 ppm Co;
• Sample 1163 -- 3.34 per cent Cu, 1.39 ppm Mo, 1,905 ppm Zn and 238 ppm Co;
• Sample 1164 -- 3.85 per cent Cu, 1.46 ppm Mo, 1,885 ppm Zn and 323 ppm Co;
• Sample 1165 -- 3.17 per cent Cu, 1.26 ppm Mo, 1,600 ppm Zn and 210 ppm Co;
• Sample 1167 -- 1.10 per cent Cu, 1.49 ppm Mo, 2,030 ppm Zn and 155 ppm Co;
• Sample 1171 -- 4.67 per cent Cu, 1.76 ppm Mo, 3,060 ppm Zn and 209 ppm Co;
• Sample 1172 -- 4.71 per cent Cu, 1.63 ppm Mo, 2,030 ppm Zn and 383 ppm Co;
• Sample 1173 -- 1.15 per cent Cu, 1.32 ppm Mo, 2,730 ppm Zn and 286 ppm Co;
• Sample 1174 -- 1.45 per cent Cu, 1.28 ppm Mo, 1,155 ppm Zn and 26.4 ppm Co.

See the attached table for the anomalous set of results for the rock-chip samples.

Ian Gendall, president and chief executive officer, commented: "The Esperanza project is a grassroots porphyry copper-molybdenum project which is in a fantastic location in southern Peru and was completely unexplored until now. Initial sampling and mapping commenced in January, 2024, and field observations, together with these first set of rock results, are very encouraging. This project is immediately south of the Chapi copper mine and within the principal porphyry copper belts of southern Peru. We look forward to advancing the project while we await drill start-up at Aurora."

Quality assurance and quality control

DLP Resources Peru SAC, a subsidiary of DLP Resources, supervises sampling and carries out surface sampling and mapping of outcrop at the Esperanza project. Rock-chip sampling was done within a maximum area of two metres by two metres and descriptions were carried out by a geologist. Samples are bagged and sealed on site before transportation to the ALS Peru SAC sample preparation facility in Arequipa by company vehicles and staff. Rocks are crushed with 70 per cent passing less than two millimetres. Sample is split with riffle splitter and 250 grams are pulverized to 85 per cent less than 75 micrometres. Prepared samples are sent to Lima by ALS Peru for analysis. ALS Peru is an independent laboratory. Samples are analyzed for 48 elements using a four-acid digestion and ICP-MS analysis (ME-MS61). Overlimit samples for copper and silver were reanalyzed by four-acid digestion and ICP-AES (ME-OG62). In addition, sequential copper analyses are done and report soluble copper using sulphuric acid leach, soluble copper in cyanide leach, residual copper and total copper. ALS meets all requirements of international standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures.

DLP Resources independently monitors QA/QC through a program that includes the insertion of certified reference materials.

Esperanza project

The Esperanza copper-molybdenum project is an early-stage exploration project in southern Peru consisting of 4,600 hectares of claims that are 100 per cent owned by DLP. Esperanza is located approximately 35 kilometres southwest of the Cerro Verde mine in Arequipa and immediately south of the Chapi copper mine.

Copper-molybdenum mineralization was initially observed in an early reconnaissance program undertaken in 2022. Subsequently, the company has completed a satellite alteration mapping program over the project and identified alteration consistent with porphyry copper-molybdenum systems. Follow-up of alteration and subsequent sampling and mapping commenced in early 2024.

Qualified person

David L. Pighin, consulting geologist and co-founder of DLP Resources, is the qualified person of the company as defined by National Instrument 43-101. Mr. Pighin has reviewed and approved the technical contents of this news release.

About DLP Resources Inc.

DLP Resources is a mineral exploration company operating in southeastern British Columbia and Peru, exploring for base metals and cobalt. DLP is listed on the TSX Venture Exchange under the trading symbol DLP and on the OTCQB under the trading symbol DLPRF.

We seek Safe Harbor.