DLP Resources Discovers Copper on the 100 % Owned Esperanza Project with Rock Samples Returning up to 4.71% Cu, 28.8ppm Mo, 3540ppm Zn and 383ppm Co
In This Article:
Cranbrook, British Columbia--(Newsfile Corp. - March 13, 2024) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") announces receipt of the first phase of rock sampling results from the Esperanza porphyry copper-molybdenum project immediately south of the Chapi Mine in Southern Peru (Figure 1).
Results for 44 rock samples taken in the initial reconnaissance sampling and mapping of the northwestern part of the project have returned highly anomalous copper, molybdenum, cobalt and zinc in mapped intrusive stocks and polymictic breccias within the overlying volcanics (Figures 2, 3, 4, 5, 6 and 7).
Highlights
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Ten of the forty-four rock chip samples returned values between 1.1% Cu and 4.67% (Table 1 and Figure 2). These samples were taken from outcropping quartz diorite and polymictic breccias with visible copper-oxides, iron oxides and tourmaline in fractures.
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Rock chip samples with high copper grades included:
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Sample 1161 - 3.88% Cu, 1.47ppm Mo, 3540ppm Zn and 281ppm Co.
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Sample 1162 - 2.84% Cu, 1.75ppm Mo, 2510ppm Zn and 237ppm Co.
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Sample 1163 - 3.34% Cu, 1.39ppm Mo, 1905ppm Zn and 238ppm Co.
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Sample 1164 - 3.85% Cu, 1.46ppm Mo, 1885ppm Zn and 323ppm Co.
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Sample 1165 - 3.17% Cu, 1.26ppm Mo, 1600ppm Zn and 210ppm Co
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Sample 1167 - 1.10% Cu, 1.49ppm Mo, 2030ppm Zn and 155ppm Co.
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Sample 1171 - 4.67% Cu, 1.76ppm Mo, 3060ppm Zn and 209ppm Co.
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Sample 1172 - 4.71% Cu, 1.63ppm Mo, 2030ppm Zn and 383ppm Co.
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Sample 1173 - 1.15% Cu, 1.32ppm Mo, 2730ppm Zn and 286ppm Co.
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Sample 1174 - 1.45% Cu, 1.28ppm Mo, 1155ppm Zn and 26.4ppm Co.
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See Table 1 for the anomalous set of results for the rock chip samples.
Mr. Gendall, President and CEO commented: "The Esperanza project is a grassroots porphyry copper-molybdenum project which is in a fantastic location in southern Peru and was completely unexplored until now. Initial sampling and mapping commenced in January 2024 and field observations together with these first set of rock results are very encouraging. This project is immediately south of the Chapi copper mine and within the principal porphyry copper belts of southern Peru. We look forward to advancing the project while we await drill start-up at Aurora."
Table 1. Summary of Select Rock Chip Results for the Esperanza Porphyry Cu-Mo Project.
| SAMPLE | Northing | Easting | Elev. | Cu | Mo | Zn | Co | Description |
| No | m | m | m | % | ppm | ppm | ppm | Rock Chip Samples 2x2m Sampling Area |
| 1153 | 8136819 | 244380 | 1953 | 0.44 | 0.77 | 2010 | 79.90 | Quartz Diorite, FeOx + Malachite + Mn + Tm? |
| 1159 | 8136708 | 244451 | 1940 | 0.01 | 6.31 | 59 | 7.60 | Quartz Diorite, Qtz Veinlets + FeOx + Calcite |
| 1160 | 8136536 | 244530 | 1929 | 0.01 | 6.84 | 71 | 4.20 | Aplite Dyke, FeOx |
| 1161 | 8136324 | 244719 | 1959 | 3.88 | 1.47 | 3540 | 281.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1162 | 8136329 | 244714 | 1959 | 2.84 | 1.75 | 2510 | 237.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1163 | 8136311 | 244723 | 1955 | 3.34 | 1.39 | 1905 | 238.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1164 | 8136313 | 244674 | 1853 | 3.85 | 1.46 | 1885 | 323.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1165 | 8136818 | 244384 | 1954 | 3.17 | 1.26 | 1600 | 210.00 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? |
| SAMPLE | Northing | Easting | Elev. | Cu | Mo | Zn | Co | Description |
| No | m | m | m | % | ppm | ppm | ppm | Rock Chip Samples 2x2m Sampling Area |
| 1166 | 8136818 | 244384 | 1954 | 0.22 | 0.54 | 1490 | 68.30 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? |
| 1167 | 8136818 | 244384 | 1953 | 1.10 | 1.49 | 2030 | 155.00 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? |
| 1168 | 8136818 | 244384 | 1953 | 0.07 | 0.34 | 361 | 23.20 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? |
| 1169 | 8136818 | 244384 | 1953 | 0.42 | 0.89 | 3270 | 136.50 | Quartz Diorite, FeOx, CuOx, Malachite + Mn + Tm? |
| 1171 | 8136739 | 244409 | 1930 | 4.67 | 1.76 | 3060 | 209.00 | Quartz Diorite, Arg Alteration, Qtz Vlts, FeOx, + Vlts Calc |
| 1172 | 8136324 | 244719 | 1932 | 4.71 | 1.63 | 2030 | 383.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1173 | 8136329 | 244714 | 1853 | 1.15 | 1.32 | 2730 | 286.00 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1174 | 8136311 | 244723 | 1853 | 1.45 | 1.28 | 1155 | 26.40 | Polymictic Bx, Qtz + Tm + Ox Cu + Mn |
| 1188 | 8134456 | 241824 | 1917 | 0.01 | 14.80 | 65 | 30.90 | Breccia, FeOx, Lim boxworks |
| 1189 | 8134615 | 241913 | 1922 | 0.01 | 28.80 | 24 | 4.70 | Polymictic Bx, FeOx in fractures |
| 1191 | 8135447 | 242573 | 1930 | 0.02 | 10.20 | 82 | 17.20 | Quartz vein, Strong Fracturing with FeOx + Mn |
| 1192 | 8134631 | 243258 | 1926 | 0.02 | 6.54 | 98 | 5.80 | Andesite fragment, FeOX, Intense Fracturing |
| 1193 | 8134646 | 243282 | 1929 | 0.01 | 2.46 | 27 | 2.20 | Quartz Diorite, QS Alteration, Very Fractured |
| 1194 | 8134745 | 243125 | 1929 | 0.01 | 2.95 | 48 | 2.60 | Quartz Diorite, FeOx, Turgite, |
| 1195 | 8134797 | 243341 | 1925 | <0.01 | 3.08 | 77 | 0.80 | Quartz Diorite, FeOx, Turgite, Intense Fractures |
| 1196 | 8134471 | 243472 | 1924 | <0.01 | 14.8 | 42 | 4.00 | Quartz Diorite, Quartz Vlts, FeOx boxworks, Intense Frac. |
| 1197 | 8134164 | 243266 | 1917 | <0.01 | 3.76 | 95 | 3.60 | Diorite with Qtz Vlts, Leached - FeOx + Qtz Tm vlts |
| Notes: Bx-Breccia, Qtz-Quartz, Tm-Tourmaline, Vlts-veinlets, FeOx-Iron Oxides, Mt-magnetite | ||||||||
| Py-Pyrite, Ep-Epidote, Chl-Chlorite, Lim-Limonite, Neo-Neotocite, Mn-Manganese, Calc-Calcite | ||||||||
| V-Very, Frac-Fractured | | | | | | | ||