# DLP Announces Positive Preliminary Economic Assessment \("PEA"\) for the Aurora Copper-Molybdenum Project, with Significant Multi-Phase Expansion Potential

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10

Original source: https://money.tmx.com/en/quote/DLP/news/7054486070449703/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper

Publisher: tmx

Original announcement: 2026-09-01T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: DLP Resources Inc.

- Ticker: DLP

- Exchange: TSX

- Region: Peru

- Primary commodity: Molybdenum

- Secondary commodities: Copper, Silver

- Document categories: Resource update, Economic study

- Extracted: 2026-09-17 18:30:20 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

DLP Resources Inc. announced positive results from a Preliminary Economic Assessment \(PEA\) for its Aurora Copper-Molybdenum Project in Peru, outlining a 17.5-year mine life with an after-tax NPV8% of $2.703 billion and an IRR of 18.5%. The PEA highlights Aurora as a large-scale asset with significant molybdenum production, supported by an updated Mineral Resource Estimate. The company plans a phased development approach, with substantial multi-phase underground expansion potential beyond the initial mine plan.

Reasoning: DLP Resources announced a positive Preliminary Economic Assessment \(PEA\) for its Aurora Copper-Molybdenum Project, demonstrating robust economics with a $2.703 billion after-tax NPV8% and an 18.5% IRR over a 17.5-year mine life. The PEA is supported by an updated Mineral Resource Estimate and highlights significant multi-phase expansion potential, positioning Aurora as a high-grade molybdenum asset, though the study's preliminary nature and reliance on Inferred resources introduce some uncertainty.

- Positive factor: High after-tax NPV8% of $2.703 billion and IRR of 18.5% for the base case.

- Positive factor: Long mine life of 17.5 years with significant multi-phase expansion potential.

- Positive factor: Aurora is positioned as one of the highest-grade molybdenum projects globally.

- Positive factor: Co-product cost basis for C1 cash costs is disclosed.

- Positive factor: Strong community relations with a six-year land use and exploration agreement extension.

- Negative factor: The study is a Preliminary Economic Assessment \(PEA\), which is preliminary in nature.

- Negative factor: The PEA includes Inferred Mineral Resources, and the percentage of Inferred material in the mill feed is not disclosed.

- Negative factor: No explicit study base date for costs is provided, only the MRE effective date.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 19

## Classification and evidence

**PEA Only**

Polarity: neutral

Definition: Only Class 4 / Initial Assessment economics available. Not bankable.

Why it applies: The document explicitly states it is a Preliminary Economic Assessment \(PEA\).

Evidence · text

> DLP Announces Positive Preliminary Economic Assessment \("PEA"\) for the Aurora Copper-Molybdenum Project

**High IRR**

Polarity: positive

Definition: Post-tax real unlevered IRR in the strong tier or better.

Why it applies: The after-tax IRR of 18.5% is in the moderate tier for greenfield projects \(15-25%\).

Evidence · table

> 18.5

Context: 2,703

**Fast Payback**

Polarity: positive

Definition: Payback in the strong tier or better, on the required basis.

Why it applies: The payback period of 5.2 years is in the moderate tier \(3-5 years strong, 5-7 years moderate\).

Evidence · table

> 5.2

Context: 18.5

**Conservative Pricing**

Polarity: positive

Definition: Conservative on the worst of the spot, 3-year and consensus comparisons.

Why it applies: The base case copper price of $4.90/lb is 24% below spot \($6.47/lb\), molybdenum $25.40/lb is 24% below spot \($33.57/lb\), and silver $45.30/oz is 34% below spot \($68.50/oz\), indicating conservative pricing against spot.

Evidence · text

> long-term commodity price assumptions of $4.90/lb copper, $25.40/lb molybdenum, and $45.30/oz silver. At spot prices as of August 26, 2026 \($6.47/lb copper, $33.57/lb molybdenum and $68.50/oz silver\)

**Long Reserve Life**

Polarity: positive

Definition: Reserve life index in the top tier of the single ladder.

Why it applies: The mine life of 17.5 years is in the adequate tier \(>=10 years\).

Evidence · table

> 17.5

Context: 0.95

**Inferred Heavy Feed**

Polarity: negative

Definition: Material Inferred share of LOM mill feed, or the share is undisclosed.

Why it applies: The PEA includes Inferred Mineral Resources, and the percentage of Inferred material in the mill feed is not disclosed, which is treated as a high-Inferred case.

Evidence · text

> The PEA includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: The MRE is classified in accordance with the 2014 CIM Definition Standards on Mineral Resources and Reserves and was estimated in accordance with the CIM 2019 Best Practices Guidelines, which are equivalent to JORC.

Evidence · text

> The MRE is classified in accordance with the 2014 CIM Definition Standards on Mineral Resources and Reserves and was estimated in accordance with the CIM 2019 Best Practices Guidelines.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The PEA and MRE were prepared in accordance with National Instrument 43-101.

Evidence · text

> The PEA was prepared in accordance with National Instrument 43-101 \(" NI 43-101 "\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The MRE was completed by Terre Lane of Global Resource Engineering, an independent Qualified Person as defined by NI 43-101, and other QPs are named for various sections.

Evidence · text

> an updated MRE has been completed for the Aurora deposit by Terre Lane of Global Resource Engineering, an independent Qualified Person as defined by NI 43-101.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document includes an 'Updated Mineral Resource Estimate' with an effective date of April 30, 2026.

Evidence · text

> Updated Mineral Resource Estimate contained in PEA establishes a strong foundation

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A current resource fact retains the disclosed cut-off grade

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Resource Estimates (18)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-1)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:ebd4d113b877f36bbee4
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 382580000
- Grade: 0.24
- Grade Unit: %
- Contained Metal: 3118.21
- Contained Unit: mlbs
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.37
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated open pit copper equivalent resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.24

Context: 382.58

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-2)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:ebd4d113b877f36bbee4
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 382580000
- Grade: 0.02
- Grade Unit: %
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.37
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated open pit molybdenum resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.020

Context: 382.58

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-3)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:ebd4d113b877f36bbee4
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 382580000
- Grade: 2.55
- Grade Unit: g/t
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.37
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated open pit silver resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 2.55

Context: 382.58

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-4)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8e2635fbe30be14be0a8
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 537860000
- Grade: 0.25
- Grade Unit: %
- Contained Metal: 4737.91
- Contained Unit: mlbs
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred open pit copper equivalent resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.25

Context: 537.86

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-5)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8e2635fbe30be14be0a8
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 537860000
- Grade: 0.023
- Grade Unit: %
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred open pit molybdenum resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.023

Context: 537.86

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-6)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8e2635fbe30be14be0a8
- Deposit or zone: Open Pit
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 537860000
- Grade: 2.96
- Grade Unit: g/t
- Cutoff Grade: 6.9
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.4
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred open pit silver resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 2.96

Context: 537.86

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-7)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:a2d4412b02de0e6c6a3d
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 232270000
- Grade: 0.12
- Grade Unit: %
- Contained Metal: 4379.31
- Contained Unit: mlbs
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.86
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated underground copper equivalent resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.12

Context: 232.27

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-8)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:a2d4412b02de0e6c6a3d
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 232270000
- Grade: 0.134
- Grade Unit: %
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.86
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated underground molybdenum resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.134

Context: 232.27

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-9)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:a2d4412b02de0e6c6a3d
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 232270000
- Grade: 1.32
- Grade Unit: g/t
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.86
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This indicated underground silver resource contributes to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 1.32

Context: 232.27

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-10)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:d3bd40b4a2b2d415e061
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 580940000
- Grade: 0.11
- Grade Unit: %
- Contained Metal: 9527.32
- Contained Unit: mlbs
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.74
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred underground copper equivalent resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.11

Context: 580.94

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-11)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:d3bd40b4a2b2d415e061
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 580940000
- Grade: 0.117
- Grade Unit: %
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.74
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred underground molybdenum resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.117

Context: 580.94

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-12)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:d3bd40b4a2b2d415e061
- Deposit or zone: Underground
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 580940000
- Grade: 1.02
- Grade Unit: g/t
- Cutoff Grade: 25
- Cutoff Unit: US$/t NSR

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.74
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This inferred underground silver resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 1.02

Context: 580.94

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-13)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8f0ecb569f4c3c9e90c3
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 614840000
- Grade: 0.19
- Grade Unit: %
- Contained Metal: 7497.53
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.55
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total indicated copper equivalent resource contributes significantly to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.19

Context: 614.84

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-14)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8f0ecb569f4c3c9e90c3
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 614840000
- Grade: 0.06
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.55
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total indicated molybdenum resource contributes significantly to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 0.06

Context: 614.84

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-15)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:8f0ecb569f4c3c9e90c3
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 614840000
- Grade: 2.09
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.55
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total indicated silver resource contributes significantly to the overall project scale and confidence, forming a key part of the updated MRE.

- Positive factor: Indicated category provides good geological confidence.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

Evidence · table

> 2.09

Context: 614.84

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-16)

Aurora Copper-Molybdenum-Silver Project · copper

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: copper
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:12dffb02fd0b5e78eca6
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 1118800000
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 14265.23
- Contained Unit: mlbs

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total inferred copper equivalent resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.18

Context: 1,118.80

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-17)

Aurora Copper-Molybdenum-Silver Project · molybdenum

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: molybdenum
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:12dffb02fd0b5e78eca6
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 1118800000
- Grade: 0.07
- Grade Unit: %

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total inferred molybdenum resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 0.07

Context: 1,118.80

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/dlp-announces-positive-preliminary-economic-assessment-pea-for-the-aurora-copper--6df493f1-3207-4a99-9961-99dd884afa10#fact-resource-facts-18)

Aurora Copper-Molybdenum-Silver Project · silver

#### Identity

- Project: Aurora Copper-Molybdenum-Silver Project
- Commodity: silver
- Region: peru
- Reported Region: Peru
- Ticker: DLP

#### Resource scope

- Estimate type: resource
- Effective date: 2026-04-30T00:00:00.000Z
- Reporting standards: ni\_43\_101, jorc
- QP Signed: Yes
- Qualified person names: Terre Lane
- Resource group id: resource:12dffb02fd0b5e78eca6
- Deposit or zone: Total
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 1118800000
- Grade: 1.95
- Grade Unit: g/t

#### Prior Estimate

- Resource Date: 2026-04-30

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: % CuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-01T00:00:00.000Z

Reasoning: This total inferred silver resource contributes to the overall project scale, but its lower confidence category impacts its immediate usability for detailed studies.

- Positive factor: Part of an updated Mineral Resource Estimate supporting a PEA.

- Negative factor: Inferred category has lower geological confidence.

Evidence · table

> 1.95

Context: 1,118.80

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**JORC Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard.

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.