TSX: DPM

Gold:

Tierras Coloradas Exploration Project, Ecuador

Well-Mineralized Low-Sulphidation Epithermal Vein System
 

Location Loja province, Ecuador
Ownership 100%
Stage Exploration
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The Tierras Coloradas concessions consist of four exploration licenses totalling 6,955 hectares (70km2), located in the province of Loja in southern Ecuador, near the border of Peru. The concessions host a low sulphidation epithermal vein system, discovered in 2009, which has been traced in at least five epithermal vein zones over an extent of an approximately 3 kilometre by 3.5 kilometre area.

For 2025, DPM has planned between $4 million and $5 million to progress regional targets. Planned activities include, continued progress on targeted delineation work at two newly identified porphyry-epithermal targets, and a soil and a rock sampling campaign which was completed in Q1. Additional ground magnetic and radiometric survey are planned this year, with the objective of upgrading targets to drilling ready status.

Next Steps

  • Expanded 10,000-metre drilling program, which was initiated in August 2023
  • Focused on delineating shape, size and extents of the Aparecida and La Tuna vein systems
  • Additional scout drilling focused on the untested portions of the veins and soil-geochemistry anomalies
  • Soil and rock sampling campaigns completed in Q1 2025.
  • Progress on targeted delineation work at two newly identified porphyry-epithermal targets.
  • Ground magnetic and radiometric surveys planned for 2025.