DLP Resources Announces Quotation on the OTC Market
Cranbrook, British Columbia--(Newsfile Corp. - October 25, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce that as of mid-October, 2021, its common shares have been quoted on the OTCQB Venture Market ("OTCQB") in the United States ("U.S.") under the symbol "DLPRF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "DLP". The OTCQB is the mid-tier OTC equity market, which lists primarily early-stage and developing...
2021-10-25 6:00 AM EDT
DLP Resources Announces Closing of Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - October 8, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 170,000 flow-through common shares (each, a "FT Share") at a price of $0.30 per FT Share for gross proceeds of $51,000. The FT Shares issued in connection with the Private Placement are subject to a four month and a day transfer...
2021-10-08 3:25 PM EDT
DLP Stakes a Massive Land Position with an Addition of 454.91km2 of Sediment-Hosted Stratiform Copper-Cobalt-Silver Targets Following the Hungry Creek Drilling
Cranbrook, British Columbia--(Newsfile Corp. - September 16, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce that following the completion of the two drill holes on the Hungry Creek project an additional 45,491.02 Ha have been staked. An additional 34,361.28 Ha's have been added to the original Hungry Creek land package and 11,129.74 Ha's staked north of Kimberley, BC now called the Copper Creek Project (Figure 1). Hungry Creek Drill holes HC21-01 and 02 did not...
2021-09-16 8:30 AM EDT
DLP Resources Announces Closing of Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - August 10, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 1,000,001 flow through common shares in the capital of the Company (each, a "FT Share") at a price of $0.30 per FT Share for gross proceeds of $300,000.30. The FT Shares issued in connection with the Private Placement are subject...
2021-08-10 3:19 PM EDT
DLP Announces Mobilization of Drill Rig to Hungry Creek Copper-Cobalt Project to Commence a Two Hole Drill Program of 800m and Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - July 15, 2021) - DLP Resources Inc. (the "Company") (TSXV: DLP) is pleased to announce that drilling of the Hungry Creek project (the "Hungry Creek Project") is to commence within the week of July 19. A drill rig is being mobilized to site and two 400m holes for a total of 800m is planned to test a copper-cobalt target identified in January 2020. The Hungry Creek Project is approximately 33km WNW of Kimberley in SE British Columbia. Hungry Creek...
2021-07-15 6:00 AM EDT
DLP Resources Announces Results of Drilling DD21-02 on the DD Property
Cranbrook, British Columbia--(Newsfile Corp. - June 28, 2021) - DLP Resources Inc. (TSXV: DLP) ("DLP") is pleased to announce drilling of Hole DD21-02 on the DD property, 40km SW of Cranbrook, BC, has been completed to a depth of 1901.6m (Figures 1, 2, 3 and 4). Extensive thickness (168m) of fragmentals, part of the Sullivan Horizon, were intersected from 1705m with abundant pyrrhotite with hydrothermal alteration of secondary biotite and sericite + chlorite visible throughout. Finely...
2021-06-28 6:00 AM EDT
DLP Resources Announces Closing of Private Placement of Units
Cranbrook, British Columbia--(Newsfile Corp. - June 23, 2021) - DLP Resources Inc. (TSXV: DLP) (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 4,333,967 units (each, a "Unit") at a price of $0.30 per Unit for gross proceeds of $1,300,190.10. Each Unit consists of one common share of the Company and one non-transferable common share purchase warrant (a...
2021-06-23 2:54 PM EDT
DLP Resources Announces Non-Brokered Private Placement to be Made Available to Existing Shareholders
Cranbrook, British Columbia--(Newsfile Corp. - May 19, 2021) - DLP Resources Inc. (TSXV: DLP) ("DLP" or the "Company") announces that, further to its news release dated May 18, 2021, the Company intends to make its previously announced non-brokered private placement of up to 6,666,667 units of the Company (the "Units") at a price of $0.30 per Unit (the "Private Placement") available to existing shareholders of the Company who, as of the close of business on May 18, 2021, held common shares of...
2021-05-19 7:27 PM EDT
DLP Resources Signs Letter of Intent to Option 100% of the Advanced Stage Aurora Porphyry Copper-Molybdenum Project, Peru and Announces Non-Brokered Private Placement
Cranbrook, British Columbia--(Newsfile Corp. - May 18, 2021) - DLP Resources Inc. (TSXV: DLP) ("DLP" or the "Company") is pleased to announce that it has signed a letter of intent with SMRL Parobamba II ("SP II") whereby DLP can acquire a 100% interest (the "Option") in the Aurora porphyry copper-molybdenum deposit (the "Aurora Project"). DLP is interested in copper prospects not only in southeastern BC, but other known copper belts where it has expertise. DLP will continue to evaluate its BC...
2021-05-18 6:00 AM EDT
DLP Resources Announces Closing of Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - May 3, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of 1,200,000 flow through common shares (each, a "FT Share") at a price of $0.25 per FT Share for gross proceeds of $300,000. The FT Shares in connection with the Private Placement are subject to a four month and a day transfer...
2021-05-03 3:49 PM EDT
DLP Resources Announces Private Placement of Flow-Through Shares
Cranbrook, British Columbia--(Newsfile Corp. - April 27, 2021) - DLP Resources Inc. (TSXV: DLP) (the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 1,200,000 flow-through common shares (each, a "FT Share") at a price of $0.25 per FT Share for gross proceeds of $300,000. The Company intends to pay a finder's fee in connection with the Private Placement to certain eligible finders in the form of a cash commission of 7.0% of the gross...
2021-04-27 1:56 PM EDT
DLP Resources Announces Exploration Update of Drilling on the DD Project - Strong Hydrothermal Alteration Intersected in the Sullivan Horizon in DD21-01
Cranbrook, British Columbia--(Newsfile Corp. - April 1, 2021) - DLP Resources Inc. (TSXV: DLP) is pleased to announce drilling of Hole DD21-01 on the Gerry Vent has been completed to a depth of 1728m (Figure 1). Strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite was intersected in the hole from 1452.46m to 1550m. Weak pyrrhotite (FeS), chalcopyrite (CuFeS2) and trace pyrite (FeS2) occur through the alteration zone with a late gabbro sill from 1498m to 1503.57m....
2021-04-01 6:00 AM EDT
DLP Resources Announces Signing of 190km2 Mobile MT Survey over the Hungry Creek and Aldridge 1 Projects
Cranbrook, British Columbia--(Newsfile Corp. - February 18, 2021) - DLP Resources Inc. (TSXV: DLP) is pleased to announce the signing of a 190km2 Mobile MT (magnetotelluric) survey with Expert Geophysics over the Hungry Creek and Aldridge 1 Projects (Figure 1). This survey will be flown in April-May 2021. Hungry Creek - Copper-Cobalt Project A total of 213 line kilometres will be flown over Hungry Creek to identify further targets for initial drilling expected to start in the spring of 2021....
2021-02-18 6:00 AM EST
DLP Resources Announces Start of Drilling on the Gerry Vent, DD Project
Cranbrook, British Columbia--(Newsfile Corp. - February 16, 2021) - DLP Resources Inc. (TSXV: DLP) is pleased to announce that the drilling of the Gerry Vent target on the DD Property has commenced (Figure 1). Hole DD21-01 will be drilled to test the MT resistivity anomaly which coincides with the known mapped surface outcrop of albite, actinolite and tourmaline alteration within a breccia extending over an area of approximately 400m x 100m. Visible mineralization of sphalerite (Zn) and...
2021-02-16 3:08 AM EST
DLP Resources Announces Name Change and Vertical Amalgamation with Its Subsidiary
Cranbrook, British Columbia--(Newsfile Corp. - January 21, 2021) - DLP Resources (2020) Limited (TSXV: DLP) (the "Company") is pleased to announce it is changing the name of the Company (the "Name Change") to "DLP Resources Inc.". The Name Change will become effective at the opening of market trading on January 26, 2021. The symbol "DLP" remains unchanged and the CUSIP number is 23291X107. The Name Change is a necessary prerequisite to the completion of a vertical amalgamation with the...
2021-01-21 8:18 PM EST
MG Capital Corporation Announces Official Name Change
Cranbrook, British Columbia--(Newsfile Corp. - January 4, 2021) - MG Capital Corporation (TSXV: DLP) (the "Company") is pleased to announce that it is changing the official name of the Company (the "Name Change") to "DLP Resources (2020) Limited". The Name Change will become effective at the opening of market trading on January 7 , 2021. The symbol "DLP" remains unchanged and the CUSIP number is 23291V101. About DLP Resources (2020) Limited DLP Resources (2020) Limited is a mineral...
2021-01-04 5:58 PM EST
MG Capital and DLP Resources Announces Closing of Private Placement of Flow-Through Shares and Staking of an Additional 93.81 km2
Cranbrook, British Columbia--(Newsfile Corp. - December 30, 2020) - MG Capital Corporation (TSXV: DLP) (the "Company"), the parent company of DLP Resources Inc. ("DLP"), is pleased to announce that it has closed its non-brokered private placement (the "Private Placement"), whereby the Company has completed the issuance of an aggregate of 3,200,000 flow through common shares (each, a "FT Share") at a price of $0.25 per share for aggregate gross proceeds of $800,000. The FT Shares in connection...
2020-12-30 6:00 AM EST
MG Capital and DLP Resources Announces Significant MT Geophysical Results on the DD, Moby Dick and NZOU Properties
Cranbrook, British Columbia--(Newsfile Corp. - December 3, 2020) - DLP Resources Inc. (TSXV: DLP) the wholly owned subsidiary of MG Capital Corporation is pleased to announce that the final results from the ~33 line km Titan magnetotelluric ("MT") ground geophysical survey by Quantec Geoscience over the DD, Moby Dick and NZOU properties have been received. DD, Moby Dick and NZOU Properties A significant NE-SW trend of high conductivity (low resistivity) anomalies occur over an area of 5km x...
2020-12-03 6:00 AM EST
MG Capital and DLP Resources Intersects a Significant Thickness of Sullivan Horizon Sediments in Drill Hole AK20-02 on the Aldridge 1 Property
Cranbrook, British Columbia--(Newsfile Corp. - October 8, 2020) - DLP Resources Inc. (TSXV: DLP) the wholly owned subsidiary of MG Capital Corporation is pleased to announce that a significant, 200m, thickness of moderate to intense hydrothermally altered Sullivan Horizon (SH) sediments have been intersected in AK20-02 at a depth of 1,190m. Associated with this moderate to intense alteration of albite, garnets, silicification and trace tourmaline is weak zinc mineralization which occurs as...
2020-10-08 6:00 AM EDT
MG Capital Corp and DLP Resources Announces Commencement of a Titan MT Geophysical Program on the DD, Moby Dick and NZOU Properties
Cranbrook, British Columbia--(Newsfile Corp. - September 11, 2020) - DLP Resources Inc. (TSXV: DLP) the wholly owned subsidiary of MG Capital Corporation is pleased to announce that a 33.7 line km Titan magnetotelluric ("MT") ground geophysical survey by Quantec Geoscience has commenced over the DD, Moby Dick and NZOU properties. Following on from the encouraging alteration noted in the intersection of the Sullivan Horizon in PAN-18-01-EX recently drilled by DLP on the DD property, see news...
2020-09-11 6:00 AM EDT