DLP Resources Announces Extension of the Preliminary Economic Assessment on the Aurora Copper-Molybdenum-Silver Project to Q2 of 2026

DLP Resources Inc. has announced an extension of its Preliminary Economic Assessment (PEA) completion timeline for the Aurora Copper-Molybdenum-Silver Project in British Columbia to Q2 2026. The delay stems from the company's decision to evaluate a more comprehensive mining approach that combines both open pit and underground extraction methods, moving beyond the original open pit-only design. This strategic pivot was prompted by additional drilling and mining reviews that identified significant mineralization potential at lower elevations below the currently designed pit limits.

The Aurora Project represents a substantial resource base with over 1 billion tonnes in Inferred Resources containing 4.65 billion pounds of copper, 1.11 billion pounds of molybdenum, and 80 million ounces of silver. The pit-constrained resource totals 1,050 million tonnes grading 0.20% copper, 0.05% molybdenum, and 2.4 g/t silver, equivalent to 0.44% copper equivalent. The deposit features distinct copper-rich and molybdenum-rich zones with laterally continuous mineralization that remains open for expansion in multiple directions.

The proposed dual mining approach could offer significant operational advantages and value enhancement opportunities. CEO Ian Gendall emphasized the potential to extract some of the world's highest-grade molybdenum resources in the early years of mine life while simultaneously developing large-scale open pit copper operations. The project's unique geometry presents favorable conditions for underground development, including a potentially low waste-to-ore ratio and the ability to drift horizontally into underground resources without requiring expensive shaft construction from surface.

This development timeline extension reflects a more thorough approach to resource optimization and could substantially enhance the project's economic potential. The additional 4,309 metres of drilling completed in 2025 will inform both the updated Mineral Resource estimate and the underground mining assessment. The comprehensive PEA study being conducted by Global Resource Engineering will evaluate the technical and economic feasibility of this integrated mining approach, positioning Aurora as a potentially significant multi-commodity operation in British Columbia's mining sector.