04:02:16 EDT Fri 16 Oct 2026
Enter Symbol
or Name
USA
CA



DLP Resources Inc
Symbol DLP
Shares Issued 178,083,596
Close 2026-10-15 C$ 0.29
Market Cap C$ 51,644,243
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DLP Resources files NI 43-101 report for Aurora

2026-10-16 03:12 ET - News Release

Mr. Ian Gendall reports

DLP RESOURCES FILES NI 43-101 TECHNICAL REPORT FOR THE AURORA PEA

Further to the Sept. 1, 2026, news release announcing the results of a preliminary economic assessment on DLP Resources Inc.'s 100-per-cent-owned Aurora copper-molybdenum-silver project, DLP Resources has filed an independent National Instrument 43-101 technical report.

The technical report is available under the company's profile on SEDAR+ and on the company's website.

About DLP Resources Inc.

DLP Resources is a copper-focused development company advancing two 100-per-cent-owned projects in southern Peru: Aurora and Esperanza.

Aurora is a large-scale porphyry copper-molybdenum-silver deposit containing a combined open-pit and underground indicated mineral resource of 614.84 million tonnes at 0.19 per cent copper, 0.06 per cent molybdenum and 2.09 grams per tonne silver, and an inferred mineral resource of 1,118.80 million tonnes at 0.18 per cent Cu, 0.07 per cent Mo and 1.95 g/t Ag. An independent preliminary economic assessment completed in September, 2026, established an after-tax net present value discounted at 8 per cent of $2,703-million (U.S.) and an internal rate of return of 18.5 per cent, based on a 17.5-year mine life utilizing open-pit and underground mining methods. Aurora's robust production profile contemplates payable production of 90.5 million pounds per year of copper, 37.4 million pounds per year of molybdenum and 1.21 million ounces per year of silver.

Esperanza is an emerging district-scale copper-gold discovery located 35 kilometres from Cerro Verde, one of the world's largest copper mines. A 5.0-kilometre-by-2.5-kilometre magnetic anomaly is supported by high-grade surface and trench sampling results, with a coming maiden drill program.

DLP Resources is listed on the TSX Venture Exchange (DLP), on the OTCQB (DLPRF) and on the Frankfurt Stock Exchange (J8C).

Ian Gendall, chief executive officer and president of the company, is a qualified person as defined by National Instrument 43-101. Mr. Gendall has reviewed and approved the technical contents of this news release.

The results of the PEA are preliminary in nature. The PEA is based on a mineral resource estimate that has not been upgraded to a mineral reserve, and the economic analysis does not have as high a level of certainty as a prefeasibility study or feasibility study. The PEA includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be classified as mineral reserves. There is no certainty that the PEA will be realized. Actual capital costs, operating costs, production rates, metallurgical recoveries and project economics may differ materially from those set out in the PEA. The PEA is subject to various risks and uncertainties, including those related to commodity prices, exchange rates, capital and operating costs, permitting timelines, and the availability of financing. Readers are directed to the company's news release dated Sept. 1, 2026, for disclosure of quality assurance/quality control procedures, methodology and data verification undertaken in respect of the Aurora mineral resource estimate and PEA.

We seek Safe Harbor.

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