DLP Resources Inc. reports the discovery of over 1 billion tonnes of inferred mineral resources at the Aurora Project in Peru, totaling 4,650 million pounds of copper, 1,110 million pounds of molybdenum, and 80 million ounces of silver. The company plans additional drilling to confirm and expand these resources, with the positive findings suggesting significant potential for economic viability.
DLP Resources Inc. has announced the results of a National Instrument 43-101 Technical Report regarding the Aurora Project, highlighting an inferred mineral resource exceeding 1 billion tonnes, effective as of January 31, 2025. Prepared by AMC Consultants Pty Ltd, the report indicates a significant resource with 4,650 million pounds of copper, 1,110 million pounds of molybdenum, and 80 million ounces of silver. Notably, the resources are categorized into a copper-rich zone and a molybdenum-rich zone, both presenting consistent mineralization and potential for lateral expansion.
The inferred resource amounts to 1,050 million tonnes, grading 0.20% copper, 0.05% molybdenum, and 2.4 g/t silver, yielding a copper equivalent of 0.44%. The preliminary findings, derived from 24 diamond drill holes totaling 18,400 meters of drilling, indicate that the mineralization remains open in various directions. Future drilling efforts are intended to enhance geological and grade confidence in the identified resources while evaluating extensions in mineralization.
Mr. Ian Gendall, President and CEO, expressed satisfaction with the substantial discoveries detailed in the report, stating, “We are extremely pleased with the size and results of the maiden Mineral Resource for Aurora. With this Mineral Resource confirming Aurora to be a significant deposit of copper and molybdenum, we look forward to moving ahead to the next phase of drilling to upgrade the resource and proceed towards a preliminary economic assessment.”
The Technical Report, which strictly adheres to CIM Definition Standards, will be accessible on the SEDAR system and DLP Resources Inc.’s website within 45 days from this announcement. All technical and scientific assertions have been organized and reviewed by Qualified Persons from AMC Consultants, underlining the reliability of the mineral resource estimates.
DLP Resources Inc. is actively exploring for base metals and cobalt across its operations in British Columbia and Peru, and is listed both on the TSX-V and OTCQB. Interested parties can visit the company’s website for further details.
DLP Resources Inc. has confirmed a mineral resource of over 1 billion tonnes at the Aurora Project in Peru, presenting substantial quantities of copper, molybdenum, and silver. The findings warrant further drilling to assess resource viability and expansion potential. Encouraged by these preliminary results, DLP is set to advance its exploration and evaluation efforts in the upcoming phases.
Original Source: www.juniorminingnetwork.com
