Hot Chili Says Assays Confirm Extension of Copper-Gold Mineralization at Chile Discovery, Shares Fall 4%

MT Newswires Live

May 19, 2025

Hot Chili (ASX:HCH) said assays from phase-one reverse circulation drilling confirmed copper-gold mineralization extends over one kilometer in length and up to 750 meters in width, from near-surface at the La Verde discovery in Chile, according to a Monday Australian bourse filing.

Significant intercepts encountered during drilling included 389 meters grading 0.4% of copper and 0.1 grams per tonne grade of gold from four meters to end-of-hole, as well as 120 meters grading 0.4% of copper and 0.1 g/t of gold from six meters. Multiple distinct higher-grade centers have been confirmed from near-surface.

Regulatory applications for further drill access at La Verde are advancing, with phase-two drilling planned to begin once approvals are received.

Its shares fell 4% in recent trading on Monday.

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Multiple distinct higher-grade centers have been confirmed from near-surface.</p><p>Regulatory applications for further drill access at La Verde are advancing, with phase-two drilling planned to begin once approvals are received.</p><p>Its shares fell 4% in recent trading on Monday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HCH.AU","symbol_name":"HOT CHILI LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2536731285","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536731285","pubTimestamp":1747633373,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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