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DLP Resources Inc. reports exploration updates for copper, molybdenum, silver, base-metal and cobalt targets in Southern Peru and Southeastern British Columbia. Company news centers on the Esperanza porphyry copper-molybdenum project, including trench sampling, rock-chip geochemistry, alteration mapping, drone aeromagnetic surveys, and three-dimensional magnetic susceptibility modeling. Updates also cover drill results from the Aurora porphyry copper-molybdenum-silver project.
Recurring corporate disclosures include incentive awards under the long-term incentive plan, technical committee and advisory appointments, board matters, capital-structure updates, and operating and financial results tied to DLP Resources' mineral exploration business.
DLP Resources (OTCQB: DLPRF, TSXV: DLP) appointed Gautam Iyer as Vice President of Corporate Development and Investor Relations. Iyer has over a decade of mining and metals experience in equity research and corporate development.
DLP granted him 200,000 stock options at $0.19, vesting over one year, with a 3-year term, subject to TSX Venture Exchange approval.
DLP Resources (OTCQB: DLPRF) reports a 3D magnetic susceptibility inversion over the Esperanza porphyry Cu-Mo project in southern Peru that delineates a subsurface magnetic body of ~4.4 km3, with imaging to 1,200 m depth and an interpreted potassic core at ~200–700 m. The 22,500-hectare property shows coincident alteration, rock geochemistry (up to 4.71% Cu in rock chips) and trenches with Cu oxide intervals (10–96 m averaging 0.19–1.03% Cu). Permitting for a 2026 drill program is underway.
DLP Resources (OTCQB: DLPRF) reports trenching results from the 100% owned Esperanza porphyry Cu-Mo project in southern Peru. Multiple trenches and an access road returned shallow copper oxide intervals up to 96m with grades ranging from 0.19% to 1.03% Cu.
Notable results include 86m @ 0.73% Cu (incl. 48m @ 1.03% Cu) and 66m @ 0.66% Cu. Sampling was supervised by DLP and assayed at SGS Peru with QA/QC protocols.
DLP Resources (OTCQB: DLPRF) reports trenching and rock‑chip results from the 100% owned Esperanza project, Peru. Trench T1_026 returned 54m @ 1.53% Cu (includes 10m @ 2.29%). Two other trenches returned 48m @ 0.29% Cu and 82m @ 0.62% Cu. Geochemistry shows As‑Sb‑Bi ± Ba with anomalous Mo and focused Au/Ag structures, consistent with a telescoped Cu‑Mo‑Au porphyry target. The company also appointed Joe Phillips to the board to support advancement and targeting for drilling.
DLP Resources (OTCQB: DLPRF) extended its Preliminary Economic Assessment (PEA) on the Aurora copper-molybdenum-silver project to Q2 2026 to evaluate combined open pit and underground mining scenarios. Additional 4,309 metres drilled in 2025 will update the January 31, 2025 maiden NI 43-101 inferred resource.
The Aurora maiden resource includes a pit-constrained inferred 1,050 Mt at 0.20% Cu, 0.05% Mo and 2.4 g/t Ag, containing 4,650 Mlb Cu, 1,110 Mlb Mo and 80 Moz Ag. Pit depth is constrained by nearby surface water.
DLP Resources (TSXV: DLP, OTCQB: DLPRF, FSE: J8C) announced grants under its Long-Term Incentive Plan on January 6, 2026. The company issued 518,086 incentive stock options, 322,054 restricted share units (RSUs) and 1,351,350 deferred share units (DSUs) to certain directors and officers.
Each Option is exercisable for one common share at an exercise price of $0.37, for a five-year term, vesting one-third immediately, one-third after one year and one-third after two years. RSUs vest on the same 1/3 schedule; DSUs vest upon the holder ceasing to be an eligible person under the Plan.
DLP Resources (OTCQB: DLPRF) completed a 280 line-km aeromagnetic drone survey covering 30 km2 at the Esperanza porphyry Cu-Mo project in southern Peru on January 5, 2026. The survey defined a magnetic high with surrounding lows coincident with mapped porphyry alteration, spectral alteration mapping and prior rock-chip Cu and Mo anomalies.
Key facts: anomalies extend approximately 4 x 4 km; earlier 2024 sampling returned rock-chip values up to 4.71% Cu and 28.8 ppm Mo; Esperanza comprises 8,600 ha 100% owned claims; the company says it is permitting a 2026 drill program.
DLP Resources (OTCQB: DLPRF) reported complete assay results for drillholes A25-026 and A25-027 at the Aurora Cu-Mo-Ag project in Peru dated Dec 11, 2025. Key intersections include 0.55% CuEq over 866.95m (22.55–889.50m) in A25-026 and 0.42% CuEq over 679.20m (0.00–679.20m) in A25-027, with a higher-grade core of 1.02% CuEq over 260.50m (629–889.50m) in A25-026.
The company says both holes bottomed in strong molybdenum mineralization and that an updated NI 43-101 Mineral Resource estimate and a Preliminary Economic Assessment are on track for completion by Q1 2026. CuEq uses specified recoveries and metal prices for comparative purposes only.
DLP Resources (OTCQB: DLPRF, TSXV: DLP) announced on December 9, 2025 the formation of a Technical Committee (TC) to provide specialized oversight of the company's technical operations and projects.
The TC's mandate is to evaluate, review and recommend on all technical aspects to the Board. All board members are authorized to participate and the TC will report directly to the Board to ensure integration of technical insights into corporate decision-making.
The company also appointed Joe Phillips as Technical Advisor. Mr. Phillips is described as a senior mining executive with experience across startup, development and operational roles, having advised the World Copper project in Arizona and served as COO at multiple operations and senior roles at Coeur Mining, Silver Standard and Pan American Silver.
DLP Resources (OTCQB: DLPRF) announced on November 26, 2025 that Derek White is stepping down as chair and William (Bill) Bennett is appointed Chair of the Board, effective immediately; Mr. White will remain on the board.
Mr. Bennett brings 16 years as an MLA and served three times as BC mines minister, plus post‑politics board and mining committee experience. The board also created a technical committee chaired by director Rick Zimmer, who has over 40 years of mining engineering and operational experience. Mr. Bennett said he will help advance the Aurora project in Peru toward a Preliminary Economic Assessment.