DLP Resources Inc. reports a maiden Mineral Resource of over 1 billion tonnes at the Aurora Project, Peru, highlighting significant amounts of copper, molybdenum, and silver. The company aims to expand the resource through further drilling and is optimistic about future assessments to evaluate economic viability.
DLP Resources Inc. (TSXV: DLP) has announced a significant milestone with the report of its inaugural Mineral Resources for the Aurora Project in Parobamba, Peru. According to the National Instrument 43‐101 Technical Report, prepared by AMC Consultants Pty Ltd., the report outlines an Inferred Resource exceeding 1 billion tonnes effective January 31, 2025. This milestone signifies the promise of considerable mineral wealth at the site.
The Aurora maiden Resource disclosure reveals a pit-constrained Inferred Resource of 1,050 million tonnes, with metal contents amounting to 4,650 million pounds of copper, 1,110 million pounds of molybdenum, and 80 million ounces of silver, with average grades of 0.20% copper, 0.05% molybdenum, and 2.4 g/t silver. The mineralization exhibits a consistent distribution within copper-rich and molybdenum-rich zones, indicating continued potential for expansion in multiple directions.
President and CEO Mr. Gendall expressed optimism regarding the findings, 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 toward a preliminary economic assessment.”
The company is drafting plans for further drilling to garner more geological and grade confidence while evaluating potential extensions of the mineralized zones identified in the estimates. Additionally, this phase aims to gather necessary geological, geotechnical, and metallurgical data to support an economic assessment.
DLP Resources Inc. operates primarily in the regions of Southeastern British Columbia and Peru, focusing on the exploration and development of base metals. For further details, stakeholders may consult the company’s official communication and the SEDAR system for additional information pertaining to their activities and reports.
The Aurora Project by DLP Resources Inc. signifies a groundbreaking achievement with its initial outlined Mineral Resources exceeding 1 billion tonnes. This extensive Inferred Resource showcases substantial quantities of copper, molybdenum, and silver, underscoring the project’s potential impact in the mining sector. The next steps involve additional drilling and assessments to enhance resource confidence and evaluate further economic feasibility.
Original Source: www.juniorminingnetwork.com
