01:50 PM EDT, 03/13/2024 (MT Newswires) -- DLP Resources Inc. ( DLPRF ) on Wednesday rose 5.7% on last look after reporting receipt of the first phase of rock sampling results from the Esperanza porphyry copper-molybdenum project immediately south of the Chapi Mine in Southern Peru.

Among the highlights, the company said 10 of the 44 rock chip samples returned values between 1.1% copper and 4.67%. These samples were taken from outcropping quartz diorite and polymictic breccias with visible copper-oxides, iron oxides, and tourmaline in fractures.

The company reported Sample 1161 - 3.88% copper, 1.47 parts per million of molybdenum, 3540 ppm zinc and 281 ppm cobalt; Sample 1162 - 2.84% copper, 1.75 ppm molybdenum, 2,510 ppm zinc, and 237 ppm cobalt; and Sample 1163 - 3.34% copper, 1.39 ppm molybdenum, 1,905 ppm zinc and 238 ppm cobalt.

The highlights also included Sample 1164 - 3.85% copper, 1.46 parts per million of molybdenum, 1,885 ppm zinc, and 323 ppm cobalt; and Sample 1165 - 3.17% copper, 1.26 parts per million molybdenum, 1,600 ppm zinc and 210 ppm cobalt.

Price: 0.37, Change: +0.02, Percent Change: +5.71