DLP Resources Expands Copper and Molybdenum zone on the 100 % Owned Esperanza Project with an Additional 53 Rock Samples Returning up to 3.46 % Cu, 130.5ppm Mo, 7930ppm Zn and 245ppm Co
Cranbrook, British Columbia--(Newsfile Corp. - April 25, 2024) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of the second phase of rock sampling results from the Esperanza porphyry copper-molybdenum project immediately south of the Chapi Mine in Southern Peru (Figure 1).
Results for the additional 53 rock samples taken in the initial reconnaissance sampling and mapping of the northwestern part of the project have returned highly anomalous copper, molybdenum, cobalt and zinc in mapped intrusive stocks and polymictic breccias within the overlying volcanics (Figures 2, 3, 4, 5 and 6).
Highlights
- Fifteen of the fifty-three rock chip samples returned values between
0.3% Cu and3.46% Cu (Table 1 and Figure 2). These samples were taken from outcropping quartz diorite and polymictic breccias with visible copper-oxides, iron oxides and tourmaline in fractures. - Rock chip samples with high copper grades included:
- Sample 1208 -
0.69% Cu, 130.50ppm Mo, 7930ppm Zn and 42.30ppm Co. - Sample 1226 -
1.84% Cu, 1.38ppm Mo, 1115ppm Zn and 42.50ppm Co. - Sample 1227 -
1.71% Cu, 5.56ppm Mo, 2490ppm Zn and 176.50ppm Co. - Sample 1229 -
3.46% Cu, 16.15ppm Mo, 1480ppm Zn and 185ppm Co. - Sample 1231 -
1.26% Cu, 2.43ppm Mo, 1050ppm Zn and 39.60ppm Co. - Sample 1232 -
0.70% Cu, 3.75ppm Mo, 487ppm Zn and 22.50ppm Co. - Sample 1237 -
1.54% Cu, 6.34ppm Mo, 774ppm Zn and 57.20ppm Co. - Sample 1240 -
0.82% Cu, 4.10ppm Mo, 410ppm Zn and 17.10ppm Co.
- Sample 1208 -
See Table 1 for the anomalous set of results for the second phase of rock chip samples and Table 2 for the first phase of anomalous results reported on March 13, 2024 (see DLP Resources Inc., news release of March 13, 2024).
Mr. Gendall, President and CEO commented: "With two phases of rock sampling and mapping completed on the Esperanza project, an area of 3.5km x 1.5km has now been identified with anomalous copper and molybdenum in rock samples. These anomalous copper-molybdenum values coupled with other porphyry copper indicators are very encouraging for locating a mineralized system at depth in this porphyry copper belt immediately south of the Chapi copper mine."
Table 1. Summary of Select Rock Chip Results for the Esperanza Porphyry Cu-Mo Project - Phase 2.
| SAMPLE | Northing | Easting | Elev. | Cu | Mo | Zn | Co | Description |
| No | m | m | m | % | ppm | ppm | ppm | Rock Chip Samples 2x2m Sampling Area |
| 1201 | 8134576 | 243185 | 1711 | <0.01 | 15.3 | 33 | 0.7 | Qtz-Tourmaline breccia |
| 1202 | 8134575 | 243085 | 1721 | <0.01 | 22.5 | 67 | 0.8 | Intensely fractured diorite with FeOx boxworks |
| 1203 | 8134566 | 243075 | 1707 | <0.01 | 23.2 | 69 | 0.9 | Diorite with SS clasts and Fe-oxides + Tourmaline |
| 1204 | 8134585 | 243094 | 1710 | <0.01 | 41.2 | 98 | 5.1 | Sandstone with Fe-oxides + Quartz-sericite |
| 1205 | 8134584 | 243102 | 1721 | <0.01 | 20.5 | 63 | 9.9 | Diorite with argillic alteration + intense veining of Fe oxides |
| 1206 | 8134570 | 243107 | 1712 | 0.01 | 35.3 | 20 | 1.7 | Diorite + Veining with FeOx + Mn + Neo + Tm |
| 1207 | 8134507 | 243151 | 1714 | 0.02 | 37.8 | 107 | 58.5 | Diorite + Veining with FeOx + Tm |
| 1208 | 8134485 | 243190 | 1729 | 0.69 | 130.5 | 7930 | 42.3 | Diorite, Arg, with SS and Qtz vlts and FeOx boxworks +Tm |
| 1209 | 8134293 | 243141 | 1716 | 0.01 | 11.05 | 146 | 13.8 | Diorite, Arg with SS and Qtz vlts and FeOx boxworks +Tm |
| 1210 | 8134454 | 243330 | 1729 | 0.04 | 37.3 | 45 | 4.8 | Diorite, Arg altered, qtz-FeOx + Tm + fine alunite? in matrix. |
| 1211 | 8134676 | 242844 | 1728 | 0.02 | 34 | 138 | 10.9 | Diorite Sil, Qtz vlts, Mn-Tm, intense angular fractures. |
| 1214 | 8134817 | 242754 | 1729 | 0.01 | 17.35 | 23 | 9.3 | Diorite, Arg Alteration, Vlts of Qz, FeOx, Mn +Tm |
| 1215 | 8134846 | 242718 | 1728 | 0.01 | 20.2 | 33 | 33.7 | Polymictic Bx frag of SS with FeOx veins + Mn |
| 1217 | 8134918 | 242865 | 1718 | 0.01 | 7.48 | 22 | 11.7 | Diorite QSP with Qtz vlts and FeOx-Mn |
| 1218 | 8134971 | 242872 | 1711 | 0.01 | 7.37 | 23 | 11.6 | Diorite QS with FeOx, Mn veins + intense fractures. |
| 1226 | 8136321 | 244504 | 1886 | 1.84 | 1.38 | 1115 | 42.5 | Polymictic Bx, pseudostratified with presence of malachite |
| 1227 | 8136164 | 244682 | 1852 | 1.71 | 5.56 | 2490 | 176.5 | Polymictic Bx, pseudostratification + malachite and Mn |
| 1229 | 8136181 | 244817 | 1852 | 3.46 | 16.15 | 1480 | 185 | Polymictic Bx?, with malachite and Mn in matrix |
| 1230 | 8136224 | 244609 | 1887 | 0.46 | 5.73 | 373 | 11.8 | Polymictic Bx?, with malachite and Mn in matrix |
| 1231 | 8136198 | 244557 | 1589 | 1.26 | 2.43 | 1050 | 39.6 | Polymictic Bx?, with malachite and Mn in matrix |
| 1232 | 8136152 | 244500 | 1884 | 0.7 | 3.75 | 487 | 22.5 | Subhorizontal polymictic Bx with malachite and Mn in matrix |
| 1234 | 8136108 | 244494 | 1876 | 0.41 | 4.77 | 553 | 54 | Polymictic Bx with malachite and Mn in subhorizontal horizons |
| 1235 | 8136033 | 244518 | 1878 | 0.44 | 5.02 | 547 | 24.1 | Polymictic Bx with malachite and Mn in subhorizontal horizons |
| 1236 | 8136080 | 244564 | 1853 | 0.76 | 7.91 | 1270 | 245 | Polymictic Bx with malachite and Mn in subhorizontal horizons |
| 1237 | 8135958 | 244587 | 1856 | 1.54 | 6.34 | 774 | 57.2 | Polymictic Bx with malachite, atacamite and Mn |
| 1239 | 8135880 | 244513 | 1863 | 0.25 | 4.36 | 379 | 20.6 | Polymictic Bx with malachite in a subhorizontal horizon |
| 1240 | 8135792 | 244510 | 1861 | 0.82 | 4.1 | 410 | 17.1 | Polymictic Bx with malachite in a subhorizontal horizon |
| 1241 | 8135679 | 244568 | 1852 | 0.38 | 6.14 | 506 | 26.5 | Polymictic Bx with malachite in a subhorizontal horizon |
| 1242 | 8135353 | 244010 | 1789 | 0.12 | 3.2 | 2100 | 146 | Polymictic Bx with malachite in a subhorizontal horizon |
| 1244 | 8135443 | 244065 | 1792 | 0.32 | 4.38 | 1500 | 115 | Polymictic Bx with malachite in a subhorizontal horizon |
| 1245 | 8134403 | 242718 | 1674 | 0.01 | 14 | 31 | 8.9 | Diorite, Arg., with Mn in irregular veins |
| 1246 | 8134540 | 242985 | 1691 | 0.01 | 51 | 241 | 34.4 | Diorite, Arg., with Mn in irregular veins |
| 1247 | 8134364 | 242830 | 1667 | <0.01 | 23 | 55 | 3.5 | Diorite, Qtz, Tm, FeOx in boxworks + intense fracturing + veins |
| 1249 | 8134200 | 242674 | 1645 | <0.01 | 5.79 | 49 | 6.3 | Quartzite/SS with FeOx in veinlets/fractures and presence of Tm |
| 1250 | 8134158 | 242640 | 1637 | <0.01 | 17.05 | 11 | 1.6 | Quartzite/SS with FeOx in veinlets/fractures and presence of Ser |
| 1751 | 8134093 | 242562 | 1628 | <0.01 | 26.9 | 48 | 19.7 | Bx of quartzite/SS with FeOx boxworks + FeOx in fractures |
| 1752 | 8134627 | 242082 | 1626 | <0.01 | 12.2 | 84 | 18.1 | Diorite, Arg, FeOx + quartzite/SS with FeOx boxworks |
| 1754 | 8134434 | 242254 | 1645 | 0.02 | 59.5 | 89 | 1.7 | Vein?, QSP, malachite and OxFe in fractures and boxworks |
| 1755 | 8134249 | 242291 | 1634 | <0.01 | 12.3 | 7 | 1.1 | Bx, QSP +FeOx boxworks +quartz |
| 1756 | 8134244 | 242276 | 1643 | <0.01 | 4.87 | 27 | 3.6 | Bx, QSP, presence of FeOx boxworks + quartz |
| 1757 | 8134220 | 242248 | 1651 | <0.01 | 10.25 | 139 | 29.4 | Bx, subangular fragments, Qtz-Tm? |
| 1759 | 8134070 | 242351 | 1607 | <0.01 | 10.05 | 29 | 2.8 | Diorite, QSP, FeMo in fractures, FeOx +intense fracturing |
| 1760 | 8134168 | 242265 | 1644 |
