- DLP Resources (DLP) has received water permit for the Aurora porphyry copper-molybdenum project in Peru
- The company has also commenced a programmed 5000m (~ 8 holes) diamond drill programme for phase 1
- Thirteen historical drill holes cut significant intervals of copper and molybdenum mineralization
- Aurora Project is an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru
- DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt
- DLP Resources Inc. opened trading at $0.20 per share
DLP Resources (DLP) has received water permit for the Aurora porphyry copper-molybdenum project in Peru.
The company has also commenced a programmed 5000m (~ 8 holes) diamond drill programme for phase 1.
The Aurora Project was approved for drilling in 2015 but was never executed.
Thirteen historical drill holes, drilled in 2001 and 2005, totalling 3,900m, were drilled over an area of approximately 1000m by 800m, cutting significant intervals of copper and molybdenum mineralization.
From the only three remaining holes, DDA-01, DDA-3A and DDA-3 and data now available, it appears that only three of the thirteen holes tested the enriched copper zone, and only one hole drilled deep enough to test the primary copper and molybdenum zone.
A review of the historical drilling indicates that the majority of the thirteen holes were drilled in the leached and partially leached zones of the porphyry system.
Ten of the thirteen holes never fully tested the oxide and secondary enrichment zone and/or the primary copper zone at depth encountered in DDA-01.
Quartz-feldspar porphyries host copper-molybdenum mineralization intruded into slates-hornfels and pelitic sandstones belonging to the Ordovician (439 – 463 ma) Sandia Formation.
“Our first phase 5000m drill program is designed to confirm zones of copper enrichment and primary grade copper-molybdenum mineralization at Aurora,” said Ian Gendall, CEO & President.
“We are extremely encouraged with the start-up of the drill program and look forward to reporting results in October.”
Aurora Project is an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru.
DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt.
DLP Resources Inc. opened trading at $0.20 per share.
