DLP Resources Inc (TSX-V:DLP, OTCQB:DLPRF) CEO Ian Gendall talked with Proactive's Stephen about the company's focus on critical metals, including its significant copper-molybdenum project, Aurora, in Peru.
Gendall highlighted promising drill results, with over 22 holes completed and 18,500 meters drilled, showcasing consistent copper, molybdenum, and silver intersections.
Recent drill results include over 2,100 meters at 0.32% copper equivalent, underlining Aurora's potential as one of the largest molybdenum deposits. The company is targeting a maiden resource estimate by Q1 2025 and sees its metals as critical for the energy transition and addressing supply shortages expected by 2030.
Discussing market dynamics, Gendall noted the demand for copper and molybdenum is rising due to their importance in renewable energy technologies. "We believe Aurora positions us well for the future," Gendall remarked.