DLP Resources Announces Exploration Update of Drilling on the DD Project – Strong Hydrothermal Alteration Intersected in the Sullivan Horizon in DD21-01 – MENAFN.COM

DLP Resources Announces Exploration Update of Drilling on the DD Project – Strong Hydrothermal Alteration Intersected in the Sullivan Horizon in DD21-01 – MENAFN.COM

(MENAFN - Newsfile Corp) DLP Resources Announces Exploration Update of Drilling on the DD Project - Strong Hydrothermal Alteration Intersected in the Sullivan Horizon in DD21-01 Cranbrook, British Columbia--(Newsfile Corp. - April 1, 2021) - DLP Resources Inc. (TSXV: DLP) is pleased to announce drilling of Hole DD21-01 on the Gerry Vent has been completed to a depth of 1728m (Figure 1). Strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite was intersected in the hole from 1452. 46m to 1550m. Weak pyrrhotite (FeS), chalcopyrite (CuFeS2) and trace pyrite (FeS2) occur through the alteration zone with a late gabbro sill from 1498m to 1503. 57m. Both top and bottom contacts were sheard and faulted with the hole entering into a 119. 68m thick late gabbro sill before intersecting lower Aldridge sediments at 1674. 54m. The hole ended at 1728m in weakly altered lower Aldridge sediments with tourmalinite. The MT (magnetotelluric) geophysical anomaly below the Gerry Vent and at a depth of 320m to 528m, 208m interval, corresponded to weak garnet alteration, fractures/faulting and shearing together with weak pyrrhotite (FeS) and trace sphalerite (ZnS). Initially we had planned to drill test this Gerry Vent anomaly to a depth of 800m with the