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Drilling starts at DLP's Esperanza copper-gold project in Peru, testing near-surface and deep targets.

Company Fundamentals
21 Sep 2026
Newsfile Corp
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Bullish
Drilling starts at DLP's Esperanza copper-gold project in Peru, testing near-surface and deep targets.

DLP Resources has begun its maiden diamond drilling program at the Esperanza copper-gold-molybdenum project in southern Peru, marking the first-ever drilling on the 22,500-hectare site. The program includes seven holes totaling about 3,000 meters, starting with four shallow holes testing a near-surface copper oxide zone, followed by three deeper holes targeting a large porphyry system beneath a significant magnetic anomaly. This drilling aims to confirm mineralization and assess the project's potential in a prolific copper district near major mines. Assay results will be released as they become available, with updates on drilling progress forthcoming.

DLP Resources' initial drilling program at the Esperanza project offers context alongside Pluang's Basic Materials sector data. Among 34 priced US stocks, 16 advanced and 14 declined as of Sep 21, 2026 17:11 WIB. Rio Tinto (ADR) rose 0.90% to USD 98.25 with a typical hold time of 5 days, contrasting with CF Industries Holdings, which fell 0.77% to USD 126.72 and a 45-day hold time, while Vale SA increased 0.84% to USD 14.33, held typically for 108 days.

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