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DLP Resources ( (TSE:DLP) ) has shared an update.
DLP Resources has completed a 280 line-kilometre aeromagnetic drone survey over its Esperanza copper-molybdenum project in southern Peru, defining a pronounced magnetic high surrounded by lows that coincides with mapped porphyry-style alteration, spectral alteration mineral mapping and previously identified copper and molybdenum geochemical anomalies. The coincident anomalies, extending roughly 4 by 4 kilometres and supported by rock chip results with highly anomalous copper, molybdenum, zinc and cobalt values, strengthen the case for a buried porphyry copper-molybdenum system and mark a significant de-risking step for this grassroots discovery, with the company now moving toward securing permits for a drill program in 2026.
The most recent analyst rating on (TSE:DLP) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on DLP Resources stock, see the TSE:DLP Stock Forecast page.
More about DLP Resources
DLP Resources Inc. is a mineral exploration company focused on copper and molybdenum, with its Esperanza Porphyry Copper-Molybdenum Project in southern Peru held 100% through subsidiary DLP Resources Peru S.A.C. The early-stage Esperanza project covers 8,600 hectares in a prolific mining district near major operations such as Cerro Verde and the Chapi copper mine, positioning the company within a well-established copper-producing region.
Average Trading Volume: 81,728
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$49.88M
Find detailed analytics on DLP stock on TipRanks’ Stock Analysis page.