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
DLP Resources Announces Receipt of the Environmental Permit for Thirty Drill Sites on the Aurora Porphyry Copper-Molybdenum Project, Peru
Cranbrook, British Columbia--(Newsfile Corp. - May 17, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") 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 months DLP has been actively...
2022-05-17 6:00 AM EDT
DLP Resources Announces Commencement of Drilling on the Moby Dick Project - SE BC
Cranbrook, British Columbia--(Newsfile Corp. - April 12, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that drilling has commenced on the Moby Dick project in SE British Columbia, Canada. Moby Dick and NZOU Projects (Sullivan-type Zn-Pb-Ag Targets) 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...
2022-04-12 6:00 AM EDT
DLP Resources Announces Exploration Update and Proposed Extension of Warrants
Cranbrook, British Columbia--(Newsfile Corp. - March 3, 2022) - DLP Resources Inc. ("DLP" or the "Company") (TSXV: DLP) (OTCQB: DLPRF) is pleased to announce an exploration update. Moby Dick and NZOU Projects (Sullivan-type Zn-Pb-Ag Targets) 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...
2022-03-03 6:00 AM EST
DLP Resources Announces Appointment of New CEO
Cranbrook, British Columbia--(Newsfile Corp. - January 18, 2022) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") 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...
2022-01-18 1:28 PM EST
DLP Resources Announces Closing of Oversubscribed Private Placement of Flow-Through Units
Cranbrook, British Columbia--(Newsfile Corp. - December 29, 2021) - 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 3,120,000 flow through units (each, a "FT Unit") 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...
2021-12-29 5:00 PM EST
DLP Announces Update on Proposed Flow-Through Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - December 3, 2021) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") announces, further to its news release dated November 9, 2021, the Company now intends to complete an offering (the "Private Placement") of up to 2,000,000 flow-through units (each, a "FT Unit") 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...
2021-12-03 2:07 PM EST
DLP Resources Announces Exploration and Corporate Update
Cranbrook, British Columbia--(Newsfile Corp. - November 30, 2021) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce an exploration and corporate update. Moby Dick and NZOU Projects (Sullivan-type Zn-Pb-Ag Targets) 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...
2021-11-30 6:00 AM EST
DLP Resources Announces Proposed Shares for Services Transaction
Cranbrook, British Columbia--(Newsfile Corp. - November 26, 2021) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce the Company has entered into an agreement for services dated November 25, 2021 (the "Agreement") with Ian Gendall, who is President of the Company and a Non-Arm's Length Party (as defined under the policies of the TSX Venture Exchange). Pursuant to the Agreement, in full satisfaction for certain exploration, supervisory and geological related...
2021-11-26 4:35 PM EST
DLP Resources Announces Drilling to Commence on Moby Dick and NZOU, Sullivan-type Zn-Pb-Ag Targets and Private Placement of Flowthrough Shares
Cranbrook, British Columbia--(Newsfile Corp. - November 9, 2021) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) (the "Company") is pleased to announce that drilling is to commence in mid-November on Sullivan-type Zn-Pb-Ag targets on the Moby Dick and NZOU projects (Figure 1). Moby Dick and NZOU Projects With the completion of the drilling of DD21-02 on the DD property in June 2021 it is important to highlight that the 168m thickness of fragmentals and Sullivan muds with zinc mineralization...
2021-11-09 6:00 AM EST