DLP Resources, Inc. · TSXV:DLP
DLP Resources — Investor Presentation (February 2024)
27 slides from DLP Resources's investor presentation, February 2024
Slide 1: Discovering the next Cu-Mo Porphyry Giant in the Central Andes
DLP RESOURCES INC. Discovering the next Cu-Mo Porphyry Giant in the Central Andes
Slide 2: Cautionary Note Regarding Forward-Looking Statements
DLP RESOURCES INC. CAUTIONARY NOTE REGARDING F O R WA RD LO O K I NG STAT E MENTS Certain information contained in this document may be forward-looking statements or forward-looking information (referred to as “forward-looking statements”). Forward-looking statements are often, but not always, ident
Slide 3: Highly Experienced Team
HIGHLY EXPERIENCED TEAM DLP RESOURCES INC Ian Gendall Jim Stypula Scott Davis Robin Sudo L A N D M G R . / C O R P. CEO & PRESIDENT EXECUTIV E CHAIRMAN CFO SEC R ETA RY 32+ YEARS EXPERIENCE 30+ YEARS EXPERIENCE 20+ YEARS EXPERIENCE 37+ YEARS EXPERIENCE Credited with discovery of Ecuadorian A former
Slide 4: Capital Structure
CAPITAL STRUCTURE DLP RESOURCES INC. Retail Founders/BoD 30% 35% TSXV: DLP OTCQB: DLPRF Haywood 35% Shares (basic) 104.68 Warrants 16.88 1 YEAR PERFORMANCE VS. HORIZONS COPPER PRODUCERS INDEX ETF Options 3.12 DLP Restricted Share Units 0.85 Performance Share Units 0.31 Shares (FD) 127.00 COPP Market
Slide 5: Aurora (Cu-Mo Porphyry)
AURORA ( C u - M o P o r p h y r y ) DLP RESOURCES INC. 60 km north of Cusco, Peru Road access via paved and dirt roads 8,100 Ha (100% DLP) + 400 Ha (option) Power to Parobamba (edge of property) 5
Slide 6: Aurora (Cu-Mo Porphyry) Land Package
AURORA ( C u - M o P o r p h y r y ) DLP RESOURCES INC. 400 Ha (option) Aurora 8,100 Ha (100% DLP) 6
Slide 7: Community First - Parobamba
DLP RESOURCES INC. C O M M U N I T Y F I R ST - PA RO BA M BA Health & Safety Local Employment Support Capacity Building 7 DLP employs 20-26 people on a rotation basis Over 160 people were employed on last drill program 90 % of workers from Parobamba
Slide 8: Aurora Cu-Mo Porphyry Project
Aurora Cu-Mo Porphyry Project DOI: 10.2138/gselements.14.4.257 DLP RESOURCES INC. Discovering the next Cu-Mo Porphyry Giant AURORA ➢ In 2017, the Central Andes accounted for 39% ADDRESS of global mine output of Cu, 23% of Ag and 20% of Mo. (USGS, 2018) ➢ 2023 drilling confirms large Cu-Mo system SCA
Slide 9: Aurora Cu-Mo Porphyry Project
Aurora Cu-Mo Porphyry Project DLP RESOURCES INC. Discovering the next Cu-Mo Porphyry Giant ❑ Size: Dimensions to date after drilling 13 holes is 1100m x 950m x 1000m (open at depth) ❑ World class molybdenum grades to end of holes at 1000m AURORA ❑ World class copper-molybdenum-silver intersections i
Slide 10: Discovering the next Cu-Mo Porphyry Giant
DLP RESOURCES INC. Discovering the next Cu-Mo Porphyry Giant TSXV: DLP Drilled 9,910 m (13 Holes) in 2022-2023 on Aurora ❑ Intersected Cu-Mo-Ag in all holes to 1,000m ❑ Mo grades improve with depth ❑ Permitting in place for 32 drill platforms ❑ 2024 Program to include an additional 10,000m of drilli
Slide 11: Typical Project Valuation Profile - EV/lb CuEq
DLP RESOURCES INC. Discovering the next Cu-Mo Porphyry Giant TSXV: DLP Typical Project Valuation Profile → EV /lb CuEq ➢ 0.82% CuEq over 773m DLP HOLE Incl. 152m of 0.38% Cu and 4.13 g/t Ag US$ >0.10 /lb CuEq (M+I) #13 and Incl. 451m of 0.19% Mo Ave. US$ 0.05 /lb CuEq (M+I) ➢ Initial drilling confir
Slide 12: Cu-Mo Porphyry Exploration
Cu-Mo Porphyry Exploration DLP RESOURCES INC. Arc-relate d Porphyr y Molybden um ■ Alkali-feldspar Rhyolite -granite Distinctly zoned Cu-Mo (+/- Au-Ag) porphyry Molybdenum Systematic metal vector(s) / geometry Systematic weathering / alteration geometry Aurora Drilling (>0.21% Mo) Po r p h y r y M o
Slide 13: Aurora Drill Results - CuEq
AURORA DRILL RESULTS - CuEq 0.3% CuEq Grade Shell 250 metres COPPER Equivalent Intercepts CuEq (%) A23-004 - 701 m (from 0 m) 0.92% Metres A23-006 - 618 m (from 91 m) 0.94% A23-010 - 460 m (from 543 m) 1.01% A23-011 - 366 m (from 716 m) 0.81% A23-013 – 773 m (from 208 m)* 0.82% CuEq (%) 13 * Vertica
Slide 14: Aurora Drill Results - CuEq
AURORA DRILL RESULTS - CuEq 0.3% CuEq Grade Shell 250 metres 0.3% CuEq Grade Shell COPPER Equivalent Intercepts CuEq (%) A23-004 - 701 m (from 0 m) 0.92% A23-006 - 618 m (from 91 m) 0.94% A23-010 - 460 m (from 543 m) 1.01% A23-011 - 366 m (from 716 m) 0.81% A23-013 – 773 m (from 208 m)* 0.82% Metres
Slide 15: Aurora Drill Results - Copper
AURORA DRILL RESULTS - COPPER AREA of SURFACE SAMPLING 500 metres COPPER (Ag) Zone Cu (%) Ag (g/t) A23-001 - 123 m (from 23 m) 0.49% 4.20 A23-003 - 218 m (from 132 m) 0.69% 5.65 A23-004 - 222 m (from 111 m) 0.46% 5.88 A23-010 - 125 m (from 190 m) 0.43% 4.65 Metres CuT (%) A23-013 - 152 m (from 208 m
Slide 16: Aurora Drill Results - Molybdenum
AURORA DRILL RESULTS - MOLYBDENUM AREA of SURFACE SAMPLING 500 metres New MOLYBDENUM Zone Discovery Mo (%) A23-004 - 198.9 m (from 502 m) 0.27 A23-005 - 221.4 m (from 472 m) 0.26 Ending in Mineralization A23-006 - 387.6 m (from 321 m) 0.21 A23-010 - 459.6 m (from 543 m) 0.18 Metres Mo (ppm) A23-013
Slide 17: Aurora New Targets - CuOx + BX Showings
AURORA NEW TARGETS – CuOx + BX Showings COPPER MOLYBDENUM 500 metres 500 metres New Breccia + CuOx Showings Cu (%) Ag (g/t) Mo (ppm) Sample 1084 – Crackle bx 1.51% 5.53 1.01 Sample 1060 – Qveinlets + sulph 0.27% 2.09 74.3 Sample 1065 – Qveinlets + sulph 0.05% 2.28 137 Sample 1067 – Sil’d hornfels 0.
Slide 18: Aurora 2024 Drill Program
DLP RESOURCES INC. AURORA CU-MO PORPHYRY PROJECT 2024 DRILL PROGRAM 10,000 metres ➢ Drill new CuOx Outcrop Zone in NE and SE ➢ Expand mineralization at Depth ➢ Increase near surface Cu 18
Slide 19: Esperanza (Cu-Mo Project)
ESPERANZA ( C u - M o P r o j e c t ) DLP RESOURCES INC. The new grassroots 4,600 Ha Esperanza Cu-Mo project is located ~35 km SW of the Cerro Verde Mine in Arequipa, and less than 10 km south of E29’s Flor de Cobre Project and 10 km NE of the Candente Arikepay porphyry Rio copper-gold project. DLP
Slide 20: Drill Program - Drill Comps - Market Cap
2 0 2 3 – D R I L L P RO GR A M DLP RESOURCES INC. DRILL COMPS – MARKET CAP Aurora (A23-013)Grade x Thickness (634) 10,000 m completed – New Mo Discovery 1600 Mcap - C$196M Significant high-grade mineralized footprint established 1400 1200 ATX Mineralization remains open (improving?) at depth FIL Mc
Slide 21: Contact / Appendix Slides
DLP RESOURCES INC. #201 – 135 – 10TH AVE. S., CRANBROOK, BC V1C 2N1 Please contact us at dlpresourcesinc.com APPENDIX SLIDES
Slide 22: Cautionary Note Regarding Reporting of Exploration Results
DLP RESOURCES INC. CAUTIONARY NOTE REGARDING R E P O R T I N G O F E X P L O R AT I O N R E S U LT S *Copper equivalent grades (CuEq) are for comparative purposes only. Mo, Cu and Ag values are uncut and core recovery is assumed to be 100% for the entire drilled lengths. The project is at an early s
Slide 23: Aurora Project History
DLP 2001 2005 2012-15 2022 -23 2024 6 Holes 7 Holes Ian Gendall Project Review 13 Holes (9,900 m) Permit for 32 Drill sites Bear Creek (D. Lowell) Vena Resources with Focus Ventures DLP Resources Re-start drilling Q2 Majority drilled short of Mo Generally short Recognize Cu-Mo porphyry Discovery Sig
Slide 24: Aurora Earn-In Agreement
DLP RESOURCES INC. AURORA E A R N - I N A G R E E M E N T F O R 1 0 0 % M AY 2 0 2 1 YEAR 1 YEAR 2 YEAR 3 YEAR 4 Sign Agreement US$ 150,000 Cash US$ 175,000 Cash US$ 275,000 Cash US$ 2,325,000 Cash Private Peruvian Group US$ 400,000 Work US$ 550,000 Work US$ 800,000 Work US$ 1,250,000 Work ➢
Slide 25: Molybdenum Demand Growing
MOLYBDENUM DEMAND GROWING ( 2 0 2 0 - 2 0 3 0 ) DLP RESOURCES INC. Molybdenum Demand Growth (SMR, 2021) 500,000 Molybdenum Demand (Mo, tpa) REVISED FORECAST 2.8% RECENT GROWTH (SMR, 2021) 2000-2020 450,000 400,000 2.9% PREVIOUS 350,000 FORECAST +125,000 tpa 2019-2029 300,000 250,000 ACTUAL 3.3% REVI
Slide 26: Molybdenum Supply Tightening
MOLYBDENUM SUPPLY TIGHTENING DLP RESOURCES INC. Supply Deficits (S&P Global Commodity Insights, Feb 2023) There have been four price spikes of $4 /kg or more in a single trading day since October 2022, with the market describing this period of historic high prices as "a perfect storm". Some observer
Slide 27: Clean Energy Transition (Mineral Intensity)
CLEAN ENERGY TRANSITION ( M I N E R A L I N T E N S I T Y ) DLP RESOURCES INC. LT Copper Demand Growth (1DS, ICA) Copper and Molybdenum are Classified as Cross-Cutting Minerals Copper Demand Molybdenum Demand 3.0% Forecast (pa) 2020-2030 35 900 30 800 700 25 Tons (Thousands) 600 Tons (million) 20 50
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