Hot Chili Ltd Announces Positive Drilling Results at La Verde
Key points
- Shallow copper-gold intersections continue to grow at La Verde
- Significant intersections include DKP075, DKP067, and DKP078
- Drilling supports the scale and continuity of near-surface mineralisation
Full summary
Hot Chili Ltd is pleased to announce ongoing high-grade drill results from its La Verde Cu-Au porphyry discovery, located 30 km south of the Costa Fuego Cu-Au Project in Chile. The latest drilling has extended the depth of the high-grade zone, with significant intersections including DKP075 (188 m grading 0.56% CuEq), DKP067 (112 m grading 0.47% CuEq), and DKP078 (240 m grading 0.43% CuEq). These results support the current geological interpretation of La Verde, developed from over 35,000 m of drilling. The company is progressing towards the completion of a maiden Mineral Resource Estimate for La Verde later this year, which is expected to be integrated into a revised Costa Fuego Pre-Feasibility Study.
Outlook
The company is targeting completion of a maiden Mineral Resource Estimate for La Verde later this year, which will be integrated into a revised Costa Fuego Pre-Feasibility Study.
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