DLP Resources Provides Update on Esperanza Drill Program

DLP Resources Inc. provides an update on its recently commenced maiden drill program at the 100%-owned Esperanza copper-gold-molybdenum project in southern Peru. The Company has temporarily paused drilling activities at Esperanza while certain matters relating to the Project's authorization are addressed. DLP is working closely and expeditiously with its Peruvian legal and technical advisors and the relevant authorities to address these matters and obtain the necessary confirmations to commence drilling. At this stage, DLP has no reason to believe that these matters cannot be resolved. The Company remains committed to advancing its maiden drill program at Esperanza and intends to recommence drilling as soon as practicable. DLP will provide a further update as additional information becomes available.

DLP Resources Inc. is a copper-focused development company advancing two 100%-owned projects in southern Peru: Aurora and Esperanza. Aurora is a large-scale porphyry copper-molybdenum-silver deposit containing a combined open pit and underground indicated mineral resource of 614.84 million tonnes at 0.19% Cu, 0.06% Mo and 2.09 g/t Ag, and an inferred mineral resource of 1,118.80 million tonnes at 0.18% Cu, 0.07% Mo and 1.95 g/t Ag. An independent Preliminary Economic Assessment (PEA) completed in September 2026 established an after-tax NPV8% of US$2,703 million and an IRR of 18.5%, based on a 17.5-year mine life utilizing open pit and underground mining methods. Aurora's robust production profile contemplates payable production of 90.5 million pounds per year of copper, 37.4 million pounds per year of molybdenum and 1.21 million ounces per year of silver. Esperanza is an emerging district-scale copper-gold discovery located 35km from Cerro Verde, one of the world's largest copper mines. A 5.0km x 2.5km magnetic anomaly is supported by high-grade surface and trench sampling results, with a maiden drill program which commenced on September 20, 2026.

DLP is listed on the TSX-V (DLP), on the OTCQB (DLPRF), and on the FSE (J8C). Mr. Gendall, CEO & President of the company, is a qualified person as defined by National Instrument 43-101. Mr. Gendall has reviewed and approved the technical contents of this news release.

The results of the PEA are preliminary in nature. The PEA is based on a Mineral Resource Estimate that has not been upgraded to a Mineral Reserve and the economic analysis does not have as high a level of certainty as a Pre-Feasibility Study or Feasibility Study. 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 classified as Mineral Reserves. There is no certainty that the PEA will be realized. Actual capital costs, operating costs, production rates, metallurgical recoveries, and project economics may differ materially from those set out in the PEA. The PEA is subject to various risks and uncertainties, including those related to commodity prices, exchange rates, capital and operating costs, permitting timelines, and the availability of financing. Readers are directed to the Company's news release dated September 1, 2026 for disclosure of QA/QC procedures, methodology and data verification undertaken in respect of the Aurora mineral resource estimate and PEA.