DLP Resources Appoints New Chairman

Rhea-AI Summary

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.

Positive

• Chair appointment effective November 26, 2025
• New chair with 16 years as MLA and three mines minister terms
• Technical committee created and chaired by Rick Zimmer
• Rick Zimmer has 40+ years of mining experience

Negative

• None.

Cranbrook, British Columbia--(Newsfile Corp. - November 26, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (FSE: J8C) ("DLP" or the "Company") announces that Derek White is stepping down as Chair of the Board of Directors of the Company and William (Bill) Bennett, is being appointed Chair of the Board. The appointment of Mr. William Bennett as Chair is effective immediately. Mr. White will remain a member of the Board.

Mr. Bennett was a successful small business owner, then lawyer, who gained extensive experience in mine permitting and development, as MLA and BC's mines minister three times over his 16 year career. Bill earned a reputation across Canada as a leader in reducing government permitting time for mining and for his practical, straightforward approach to the government-private sector relationship. Mr. Bennett has provided his leadership, guidance and expertise across multiple committees at DLP since the company was formed. Retiring from politics in 2017, Bill has acted as director and officer of several mining companies, with experience on technical, audit, and governance committees.

Bill Bennett: "I am looking forward to helping our strong team move the Aurora project in Peru to a successful Preliminary Economic Assessment and to maximizing for our shareholders, all that is possible with this large and exciting project."

The Board of Directors is also pleased to announce the creation of a technical committee comprised of the Directors and chaired by Director Rick Zimmer. Mr. Zimmer has a degree in Mining Engineering and an MBA and has over 40 years of Canadian and international mining experience including exploration, development and mine operations (both underground and open pit). Mr. Zimmer has served as: President and CEO of Far West Mining Ltd.; VP and Project Manager for Teck's Pogo project in Alaska and General Manager of Teck's Tarmoola gold mine in Australia; Mine Manager of Teck's Afton copper-gold mine in British Columbia as well as acting in several senior mining roles throughout his career.

About DLP Resources Inc.
DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF and on the FSE, trading symbol J8C. Please refer to our web site www.dlpresourcesinc.com for additional information.

For further information, please contact:

DLP RESOURCES INC.
Ian Gendall, President and Chief Executive Officer
Bill Bennett, Chairman
Jim Stypula, Lead Director
Robin Sudo, Corporate Secretary and Land Manager
Email: iangendall@dlpresourcesinc.com
Email: billbennett@dlpresourcesinc.com
Email: jimstypula@dlpresourcesinc.com
Email: robinsudo@dlpresourcesinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275989

FAQ

Who is the new chair of DLP Resources (DLPRF) and when did the change take effect?

William (Bill) Bennett is the new chair, effective November 26, 2025.

What role will Derek White have after stepping down as chair of DLPRF?

Derek White will remain a member of the board after stepping down as chair.

What experience does DLPRF's new chair Bill Bennett bring to the company?

Bill Bennett has 16 years as an MLA, served three times as BC mines minister, and has board experience in mining companies.

What is the purpose of the new technical committee at DLP Resources (DLPRF)?

The technical committee, chaired by Rick Zimmer, will provide technical oversight using his 40+ years of mining and operations experience.

How will Bill Bennett’s appointment affect the Aurora project timeline for DLPRF?

The company said Mr. Bennett will help move the Aurora project in Peru toward a Preliminary Economic Assessment.