DLP Resources Inc. announces receipt of water permit for the Aurora porphyry copper-molybdenum project in Peru and the commencement of a programmed 5000m diamond drill programme for phase 1. Aurora Cu-Mo Project Aurora Project is an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru . The Aurora Project was previously permitted for drilling in 2015 but was never executed [...]
DLP Resources Inc. is pleased to announce that, pursuant to a performance shares agreement dated November 25, 2021 with Ian Gendall, President of the Company and a Non-Arm's Length Party , the Company has agreed to issue 300,000 common shares of the Company at a deemed price of $0.20 per share to Mr. Gendall, being equal to the closing price of the common shares of the Company on the date prior to the date of the [...]
DLP Resources Inc. announces the start of a 1800m-six hole diamond drill programme at the Hungry Creek, 711 copper target zone. Hungry Creek - 711 Target Zone The Hungry Creek property is comprised of 74 claims . The mineral claims cover just over 38,852.92 hectares. Geologically the property is hosted within the Mesoproterozoic Belt-Purcell basin and is being targeted for strata-bound Cu-Co-Ag analogous to other [...]
DLP Resources Inc. announces receipt of drill permit for the Hungry Creek, 711 target zone and appoints Allan Frame to the Advisory Board. Drilling of 1800m off six drill pads on the 711-target zone is expected to commence in the next two weeks. Hungry Creek - 711 Target Zone The Hungry Creek property is comprised of 74 claims . The mineral claims cover just over 38,852.92 hectares. Geologically the property is hosted [...]
DLP Resources Inc. announces temporary abandonment of drilling Hole MD22-01 on the Moby Dick property due to structural complications intersected at 1305m depth. Moby Dick and NZOU Projects - Figures 1 and 2 Drill hole MD22-01 hit a major fault at around 1200m and the re-drill off a downhole wedge placed at 1150m also had to be abandoned at 1305m due to poor drilling conditions. The hole was in Middle Aldridge sediments [...]
Stakes 4600 Ha in the Paleocene Porphyry Copper Belt of Southern Peru DLP Resources Inc. is pleased to announce that it has received the permit for the environmental assessment study submitted for thirty drill sites on the Aurora Project. Receipt of this permit now allows DLP to finalize preparation of drill sites and commence drilling once the water usage permit is received within the next month. During the past three [...]
DLP Resources Inc. is pleased to announce that drilling has commenced on the Moby Dick project in SE British Columbia, Canada. Moby Dick and NZOU Projects Weather conditions have improved on the Moby Dick project and once again we have accessed the drill site which we had to evacuate late last year due to intense rains and heavy snow. Hole MD22-01 has commenced with a target depth of 1500m to 1700m. A three-to-four-hole [...]
DLP Resources Inc. is pleased to announce an exploration update. Moby Dick and NZOU Projects With weather conditions improving, it is expected that access to the first drill platform on the Moby Dick project will be cleared for drill rig mobilization to commence in mid March and drilling to start in late March-early April. A three-to-four-hole drill program of approximately 5400m is planned for the Sullivan-type Zn-Pb-Ag [...]
DLP Resources Inc. is pleased to announce that Ian Gendall, President of the Company, has been promoted to Chief Executive Officer, with Jim Stypula voluntarily stepping into the role of Executive Chairman. Mr. Gendall will continue to act as President of the Company and Mr. Stypula will continue to serve on the Company's board of directors. Ian Gendall is an Exploration Geologist with a M.Sc. Exploration Geology degree [...]
DLP Resources Inc. is pleased to announce that it has closed its previously announced non-brokered private placement , whereby the Company has completed the issuance of 3,120,000 flow through units at a price of $0.25 per FT Unit for gross proceeds of $780,000. Each FT Unit consists of one flow-through common share in the capital of the Company and one-half of one common share purchase warrant of the Company . Each [...]
DLP Resources Inc. announces, further to its news release dated November 9, 2021, the Company now intends to complete an offering of up to 2,000,000 flow-through units at a price of $0.25 per FT Unit for gross proceeds of $500,000. Each FT Unit will be comprised of one flow-through share and one-half of one non-transferable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional [...]
DLP Resources Inc. is pleased to announce an exploration and corporate update. Moby Dick and NZOU Projects Extreme weather conditions over the past two weeks in Southern BC have delayed the preparation of trails to all proposed drill sites on the Moby Dick and Nzou properties. Drilling equipment has been demobilized until such time it is safe to access the drill sites and start the program. Very wet ground conditions in [...]
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