Key points
- DKD060 recorded 472 m grading 0.41% CuEq from 49 m depth
- Significant higher-grade component of 105.8m grading 0.70% CuEq from 397 m
- Assays pending for 18 drillholes, with a fourth rig added to accelerate operations
Full summary
Hot Chili Ltd announced strong drill results from its La Verde porphyry copper-gold discovery in Chile, with DKD060 intersecting 472 m grading 0.41% Copper Equivalent (CuEq) from 49 m depth, including 105.8 m at 0.70% CuEq from 397 m. Assays are pending for 18 drillholes, and a fourth rig has been added to accelerate drilling. The results confirm the continuity and expansion of high-grade mineralization, with further drilling planned ahead of a maiden Mineral Resource Estimate.
Guidance
Pending assays for 18 drillholes, with a fourth rig added to accelerate operations
Outlook
The integration of La Verde is expected to significantly enhance Costa Fuego's scale and economics, elevating its standing among the world's few remaining meaningful scale and near-term independent copper development projects.