DLP Resources Announces Intersection of 439.60m of 0.58% CuEq* Within 809.60m Interval of 0.47% CuEq*, on the Aurora Project
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The most recent news, dated November 13, 2025, announces drill results for hole A25-025 at the Aurora Project in Peru. The key intersections include: - A high-grade interval of 439.60 metres grading 0.58% Copper Equivalent (CuEq). - This was within a broader mineralized zone of 809.60 metres grading 0.47% CuEq. The CEO, Ian Gendall, stated that the drill hole successfully extended and infilled mineralization to the southeast and bottomed in mineralization. The company is on track to complete an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) by Q1 2026. The release also notes that a drone magnetic survey will begin on the separate Esperanza project.
The drill results from hole A25-025 are materially positive and represent a continued de-risking of the Aurora project. When compared to previous results, these intercepts demonstrate excellent grade and continuity.
- Comparison to Historical Drilling: The long intercept of 809.60m at 0.47% CuEq is a higher grade than the long intercepts reported on October 22, 2025 (927.45m @ 0.31% CuEq) and December 23, 2024 (1007.50m @ 0.37% CuEq). The higher-grade portion (439.60m @ 0.58% CuEq) is also very robust and confirms the presence of significant mineralized zones within the broader system.
- Confirmation of Thesis: The results align with management's objective to expand and infill the known resource. The fact that the hole bottomed in mineralization, a recurring event in this drill program, suggests the deposit remains open at depth, offering further expansion potential.
- Impact on PEA: These strong results provide further confidence in the large scale and grade of the Aurora deposit, which will be incorporated into the updated MRE and the subsequent PEA. A positive PEA is the next major valuation catalyst for the company.
- Timeline Reiteration: The company re-confirmed the PEA is on track for Q1 2026, which is consistent with prior announcements. This provides clarity on the project timeline and key milestones.
The market has been waiting for continued positive drill results to support the thesis established by the maiden resource estimate in February 2025. This news delivers on that expectation. While not a "Game Changer" like a new discovery, it is a significant and positive step in advancing a very large-scale mineral deposit towards an economic study.
DLP Resources Inc. is a Canadian-based mineral exploration company focused on base metals. Its flagship asset is the Aurora Project, an advanced-stage porphyry copper-molybdenum-silver project located in Southern Peru.
On February 27, 2025, the company announced a maiden NI 43-101 Inferred Mineral Resource of over 1 billion tonnes with a grade of 0.44% CuEq. The current exploration program is designed to expand and upgrade this resource in preparation for a PEA expected in Q1 2026. The company also holds the earlier-stage Esperanza copper project in Peru.