Hot Chili Ltd Announces Diggers & Dealers August 2026 Presentation
Key points
- Exciting new porphyry discovery at La Verde
- Advanced Costa Fuego Cu-Au project
- Strategic Huasco water asset
- Strong regional interest and potential for growth
- Trading below peer group valuation
Full summary
Hot Chili Ltd's August 2026 presentation showcases significant advancements in its copper-gold projects, including an exciting new porphyry discovery at La Verde, which has confirmed the scale of the discovery with high-grade intersections. The company also reported progress in its Costa Fuego project, with drilling defining a broad mineralized footprint and high-grade mineralization beneath shallow gravel cover. Additionally, Hot Chili highlighted its strategic Huasco water asset, which has removed key risks and reduced permitting timelines. The presentation also noted strong regional interest and potential for growth, with the company trading below its peer group valuation, indicating a re-rate opportunity.
Outlook
Hot Chili expects to release a maiden Mineral Resource Estimate for La Verde later this year, followed by a revised PFS for Costa Fuego, with development workstreams advancing towards full integration of La Verde into the Costa Fuego production hub.
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