DLP Resources Reports Maiden 1 Billion Tonne Inferred Mineral Resource at Aurora Project, Parobamba, Peru

DLP Resources Inc. reports a maiden inferred mineral resource of over 1 billion tonnes at the Aurora Project in Peru, containing substantial amounts of copper, molybdenum, and silver. This resource assessment positions Aurora as a significant deposit, with plans for further drilling and economic assessment underway to enhance resource confidence.

DLP Resources Inc. has announced the discovery of its maiden mineral resource at the Aurora Project in Parobamba, Peru, with over 1 billion tonnes classified as an inferred resource. This resource contains significant quantities of copper, molybdenum, and silver, indicating the potential for a substantial deposit.

As of January 31, 2025, the estimated resource includes 4,650 million pounds of copper, 1,110 million pounds of molybdenum, and 80 million ounces of silver. Notably, the pit-constrained inferred resource totals 1,050 million tonnes, with a grade of 0.20% copper, 0.05% molybdenum, and 2.4 grams per tonne of silver (equivalent to 0.44% CuEq).

The mineral resource is categorized into distinct copper and molybdenum-rich zones, exhibiting steady mineralization distribution. Initial assessments suggest these zones extend laterally, and opportunities exist for further resource expansion in various directions.

Mr. Ian Gendall, President and CEO, expressed satisfaction with the resource assessment, indicating that it positions Aurora as a significant copper and molybdenum deposit. The company aims to enhance the resource’s geological certainty through subsequent drilling phases, thereby moving towards conducting a preliminary economic assessment.

The Aurora Project spans 400 hectares, and the resource estimation employed data from 24 diamond drill holes, amounting to a total of 18,400 meters drilled. The resource estimates were made using Leapfrog Edge software, leveraging methods such as ordinary kriging for grade estimation.

DLP Resources Inc. plans to collaborate with AMC Consultants to design the next phase of drilling, targeting increased geological insight. A review of the Aurora 2025 Technical Report will be accessible via the SEDAR system and the DLP Resources’ website within 45 days from this report.

The Qualified Persons involved in this endeavor have meticulously evaluated all aspects of the project, ensuring compliance with National Instrument 43-101 standards. DLP Resources Inc. is dedicated to exploring base metals and cobalt in both Southeast British Columbia and Peru, listed on TSX-V under symbol DLP and OTCQB as DLPRF.

For further inquiries, the executive team at DLP Resources includes Mr. Ian Gendall, CEO and President; Mr. Jim Stypula, Executive Chairman; and Mr. Maxwell Reinhart, Investor Relations Manager.

It is important to note that forward-looking statements contained within the release may bear inherent risks and uncertainties, and actual results may significantly vary from those anticipated. The company advises stakeholders to consult updated information and cautions that the standards of Canadian regulations may differ from those adopted by the U.S. Securities and Exchange Commission regarding the disclosure of mineral reserves and resources.

The announcement by DLP Resources Inc. highlights the significant discovery of mineral resources at the Aurora Project, including over 1 billion tonnes of inferred copper, molybdenum, and silver. The results affirm Aurora’s potential as a major mining site with considerable economic implications. The company is poised to undertake further exploration and assessment to evaluate the resources fully.

Original Source: www.juniorminingnetwork.com