Quarterly Activities/Appendix 5B Cash Flow Report
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| Stock | Hot Chili Ltd (HCH.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 9:04 a.m. |
| Price Sensitive | Yes |
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Hot Chili Ltd Reports Successful Drilling Results and Project Development Updates
Key Points
- Hot Chili continues successful drilling at La Verde with standout results
- Secured US$15 million via amendment agreement with OR Royalties
- Engaged an additional ISO accredited assay laboratory to improve turnaround times
- Environmental Impact Assessment (EIA) and revised Pre-Feasibility Study (PFS) on track
- Strong community support and engagement in the Huasco Valley region
Full Summary
Hot Chili Ltd has reported promising results from ongoing drilling activities at its La Verde copper-gold porphyry deposit in Chile. Significant intersections were reported, including DKD044 with 391.1 m grading 0.51% CuEq and DKP053 with 250 m grading 0.50% CuEq. The company secured an additional US$15 million via an amendment agreement with OR Royalties, enhancing its funding position. To expedite assay turnaround times, Hot Chili engaged an additional ISO accredited assay laboratory. Project development milestones, including the Environmental Impact Assessment (EIA) and revised Pre-Feasibility Study (PFS), remain on track. The company also continues to engage positively with the local community in the Huasco Valley.
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