Mr. Ian Gendall reports

DLP RESOURCES APPOINTS GAUTAM IYER AS VICE PRESIDENT OF CORPORATE DEVELOPMENT AND INVESTOR RELATIONS

DLP Resources Inc. has appointed Gautam Iyer as vice-president of corporate development and investor relations.

Mr. Iyer brings over a decade of mining and metals experience across equity research and corporate development. He began his career at Canaccord Genuity, covering base metal and silver companies, before moving into corporate development at Orefinders Resources, where he worked closely with senior management to help grow what would become the Ore Group portfolio companies through M&A (mergers and acquisitions) and corporate actions. Most recently, as vice-president, corporate development, at Ore Group, he partnered with the chief executive officers of portfolio companies -- playing a key role in their growth and development by advancing strategic initiatives, supporting capital markets activity and strengthening shareholder engagement across the platform.

Mr. Iyer holds a bachelor's degree and a master's degree in geology from the University of Toronto as well as an MBA from the Schulich School of Business.

Ian Gendall, president and chief executive officer, commented: "Welcome to the team, Gautam. With Gautam's expertise, DLP Resources is well positioned to expand the marketing of its advanced porphyry copper-molybdenum-silver projects in Peru to a broader range of financial markets, strategic partners and new investor groups."

The company has granted Mr. Iyer 200,000 stock options exercisable at 19 cents for a term of three years. The stock options will vest quarterly over one year, with 25 per cent vesting every three months following the date of grant.

The agreement with Mr. Iyer is subject to the approval of the TSX Venture Exchange. Other than the stock options, Mr. Iyer has no present interest, directly or indirectly, in the company or its securities or right or present intention to acquire such an interest.

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-V (trading symbol: DLP), the OTCQB (trading symbol: DLPRF) and the Frankfurt Stock Exchange (trading symbol: J8C).