DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ('DLP' or the 'Company') announces receipt of complete drill results for drillhole, A23-009 on the Aurora porphyry copper-molybdenum project in southern Peru.

Results for the first eight drillholes, A22-001, A22-002, A22-003, A23-004, A23-005, A23-006, A23-007 and A23-008 were released on July 24, 2023.

Highlights

Drillhole A23-009 was drilled approximately 868m SE of drillhole A23-007. A23-009 intersected significant copper mineralization throughout the hole to a depth of 709.55m where it ended in copper and molybdenum mineralization. The most significant mineralized intervals included: 0.32% CuEq over 790.15m (0.27% Cu, 0.0095% Mo and 2.39g/t Ag) from 0.40m to 790.15m. 0.44% CuEq over 314.00m (0.37% Cu, 0.0144% Mo and 2.86g/t Ag) from 303.00m to 617.00m. 0.59% CuEq over 56.00m (0.52% Cu, 0.0144% Mo and 3.46g/t Ag) from 561.00m to 617.00m. Mr. Gendall, President and CEO commented: 'A23-009 was drilled on a step out of 868m to the SE of A23-007. This is the first hole drilled by DLP on the SE side of the Aurora project. We are extremely encouraged with the intersection of copper mineralization in A23-009 on this SE side and we will continue to drill on this side during the next six months. A23-010 is currently in progress to a depth of 1000m. The early mineralized porphyry intersections observed in A23-010 to a current depth of 800m are very encouraging. Results are expected in late August.' Aurora Cu-Mo Project - Summary of Drill Results for A23-009

Aurora Project

Aurora Project as an advanced stage porphyry copper-molybdenum exploration project in the Province of Calca, SE Peru. The Aurora Project was previously permitted for drilling in 2015 but was never executed. Thirteen historical drillholes, drilled in 2001 and 2005 totaling 3,900m were drilled over an area of approximately 1000m by 800m, cut significant intervals of copper and molybdenum mineralization. From logging of 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

Salient historic drillhole data of the Aurora Project are: 190m @ 0.57% Cu, 0.008% Mo in DDA-1 with a high-grade intercept of 20m @ 1.01% Cu related to a supergene enrichment zone of secondary chalcocite;

142m @ 0.5% Cu, 0.004% Mo in DDA-3; 71.7m @ 0.7% Cu, 0.007% Mo in DDA-3A and One of the historical holes ABC-6 drilled on the edge of the system intersected 78m @ 0.45% Cu and 0.107% Mo

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. Copper-molybdenum mineralization is hosted by quartz-feldspar porphyries intruded into slates-hornfels and pelitic sandstones belonging to the Ordovician (439 - 463 ma) Sandia Formation.

About DLP Resources Inc.

DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF. Please refer to our web site www.dlpresourcesinc.com for additional information.

Contact:

Tel: 250-426-7808

Email: iangendall@dlpresourcesinc.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as 'intends' or 'anticipates', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'should', 'would' or 'occur'. This information and these statements, referred to herein as 'forward-looking statements', are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to drilling on the Aurora Project in Peru.

These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things drill results expected from the Aurora Project in Peru.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

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