DLP Resources Announces Commencement of 2023 Drilling at Aurora and Exploration Update
Cranbrook, British Columbia--(Newsfile Corp. - February 27, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that drilling of the fourth diamond drill hole, on the Aurora porphyry copper-molybdenum project in Peru, has commenced. Exploration Update DD-Moby Dick-NZOU (Sullivan-type Zn-Pb-Ag Targets) DLP has terminated the option agreement to earn up to 75% of PJX Resources Incs' (PJX) DD property as of February 24, 2023. DLP will now focus...
2023-02-27 6:00 AM EST
DLP Resources Announces Closing of Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - February 6, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 5,203,814 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of $1,405,029.78. Each Unit consists of one common share in the capital of the Company (a "Share") and one...
2023-02-06 4:31 PM EST
DLP Resources Announces Upsizing of Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - February 1, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement (the "Private Placement") to up to 5,203,814 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of up to $1,405,030. Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase...
2023-02-01 2:34 PM EST
DLP Resources Announces Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - January 17, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 3,703,704 units (each, a "Unit") at a price of $0.27 per Unit for gross proceeds of up to $1,000,000. Each Unit consists of one common share in the capital of the Company (a "Share") and one common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each...
2023-01-17 2:13 PM EST
DLP Resources intersects 218m of 0.80% CuEq* within a 664.3m interval of 0.53% CuEq* on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - January 5, 2023) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the third hole, A22-003 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1). Results for the first two drillholes, A22-001 and A22-002 were released on December 05, 2022 (see DLP Resources Inc. news release of December 05, 2022). Highlights Drillhole A22-003 intersected significant...
2023-01-05 6:00 AM EST
DLP Resources Announces Grant of Security-Based Compensation and Update Regarding Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - December 29, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") announces that a total of 375,000 stock options ("Options"), 196,000 restricted share units ("RSUs") and 314,000 performance share units ("PSUs") have been granted to an officer of the Company pursuant to the Company's long-term incentive plan. The options are exercisable for a term of 5 years at an exercise price of $0.20 and will vest over a period of 2 years...
2022-12-29 5:35 PM EST
DLP Resources Announces Closing of Second Tranche of Private Placement of Units and Grant of Restricted Share Units
Cranbrook, British Columbia--(Newsfile Corp. - December 15, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the "Second Tranche"), whereby the Company has completed the issuance of 975,600 units (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of $243,900. Each Unit consists of one common share in the capital of the Company (a "Share")...
2022-12-15 4:28 PM EST
DLP Resources Appoints Director of Business Development
Cranbrook, British Columbia--(Newsfile Corp. - December 12, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce Allan Frame's newly expanded role as Director of Business Development. Allan Frame was previously appointed to the Company's Advisory Board during July, 2022. Mr. Frame has worked in the capital markets, in a variety of roles, including corporate finance, investment advisor and partner in Securities firms for 47 years. In addition,...
2022-12-12 6:00 AM EST
DLP Resources Intersects 214m of 0.43% CuEq* (0.35% Cu, 113.88ppm Mo and 3.95g/t Ag) on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - December 5, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of complete drill results for the first two holes, A22-001 and A22-002 on the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1). In addition, hole A22-003 was completed to a depth of 702.30m on November 30. Results for the initial 179.2m of Hole A22-001 were released on September 29, 2022 (see DLP Resources Inc. news...
2022-12-05 6:00 AM EST
DLP Resources Announces Closing of First Tranche of Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - November 22, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "First Tranche"), whereby the Company has completed the issuance of 3,383,200 units (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of $845,800. Each Unit consists of one common share in the capital of the Company (a "Share")...
2022-11-22 2:45 PM EST
DLP Resources Announces Non-Brokered Private Placement to be Made Available to Existing Shareholders
Cranbrook, British Columbia--(Newsfile Corp. - November 3, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that, further to its news release dated October 4, 2022, the Company intends to make its previously announced non-brokered private placement of up to 8,000,000 units of the Company (the "Units") at a price of $0.25 per Unit (the "Private Placement") available to existing shareholders of the Company who, as of the close of business on November 2,...
2022-11-03 11:40 AM EDT
DLP Resources Inc. Announces Issuance of Performance Shares
Cranbrook, British Columbia--(Newsfile Corp. - October 12, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces that, further to its news release dated August 12, 2022, the Company has completed the issuance of 300,000 common shares of the Company (the "Performance Shares") at a deemed price of $0.20 per share to Ian Gendall, President and CEO of the Company pursuant to a performance shares agreement dated December 14, 2021 in consideration for certain...
2022-10-12 4:23 PM EDT
DLP Resources Announces AGM Results and Non-Brokered Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - October 4, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to report that all matters were approved at the Company's annual general shareholders meeting (the "Meeting") held on October 3, 2022. At the Meeting, the Company's shareholders re-elected all of the Company's current board of directors, Jim Stypula, Carol Li, Richard Zimmer, William Bennett and Don Njegovan, as well as approved the re-appointment...
2022-10-04 6:00 AM EDT
DLP Resources Intersects 123.35m of 0.49% Cu from 22.45m to 145.80m in Hole A22-001 on the Aurora Project in Southern Peru
Cranbrook, British Columbia--(Newsfile Corp. - September 29, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of drill results for the first 172.90m for the Aurora porphyry copper-molybdenum project in southern Peru (Figure 1). Hole A22-001 intersected 123.50m of 0.49% Cu, 36.49ppm Mo and 4.20ppm Ag from 22.45m to 145.80m (Table 1). Aurora Cu-Mo Project - Summary of Initial Drill Results Hole A22-001 was drilled to the NE of the mapped porphyry...
2022-09-29 6:00 AM EDT
DLP Resources Announces Exploration Update & Closing of Oversubscribed Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - September 19, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that drilling of the first hole, A22-001, at the Aurora copper-molybdenum project in Peru is at a depth of 188m with good visual copper mineralization throughout. Drilling of five holes at the Hungry Creek project and one hole at the Copper Creek project in SE BC has been completed with copper results awaited from the sampling of...
2022-09-19 6:00 AM EDT
DLP Resources Announces Receipt of Water Permit for the Aurora Copper-Molybdenum Project in Peru, Drilling to Commence
Cranbrook, British Columbia--(Newsfile Corp. - August 15, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of water permit for the Aurora porphyry copper-molybdenum project in Peru and the commencement of a programmed 5000m (~ 8 holes) 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 (Figure 1). The Aurora Project was...
2022-08-15 6:00 AM EDT
DLP Resources Announces Proposed Performance Shares
Cranbrook, British Columbia--(Newsfile Corp. - August 12, 2022) - DLP Resources Inc. (TSXV:DLP) (OTCQB:DLPRF) (the "Company") is pleased to announce that, pursuant to a performance shares agreement dated November 25, 2021 (the "Agreement") with Ian Gendall, President of the Company and a Non-Arm's Length Party (as defined under the policies of the TSX Venture Exchange), the Company has agreed to issue 300,000 common shares of the Company (the "Performance Shares") at a deemed price of $0.20...
2022-08-12 1:06 PM EDT
DLP Resources Announces Commencement of Drilling at Hungry Creek, Copper-Cobalt Project, Private Placement of Flow-Through Shares & Grant of Stock Options
Cranbrook, British Columbia--(Newsfile Corp. - July 28, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") 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 (Figure 1). 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...
2022-07-28 6:00 AM EDT
DLP Resources Announces Receipt of Drill Permit for Hungry Creek - 711 Target Zone and Appoints Allan Frame to the Advisory Board
Cranbrook, British Columbia--(Newsfile Corp. - July 11, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") 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 (Figure 1). The mineral claims cover just over...
2022-07-11 6:00 AM EDT
DLP Resources Inc. Announces Exploration Update
Cranbrook, British Columbia--(Newsfile Corp. - June 9, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") 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 (Sullivan-type Zn-Pb-Ag Targets) - 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...
2022-06-09 6:00 AM EDT