Hot Chili Extends High-Grade Core at La Verde with Standout 725m Drill Hit

The latest update is out from Hot Chili Limited ( (AU:HCH) ).

Hot Chili has reported its most significant drill result to date from the La Verde copper-gold porphyry discovery in Chile, with hole DKD039 intersecting 725 metres at 0.42% copper equivalent from 18 metres depth. The program confirmed a 200-metre down-dip extension of La Verde’s high-grade core, including 62 metres at 1.03% copper equivalent from 671 metres, and expanded near-surface higher-grade zones that could support a higher-grade starter pit for the broader Costa Fuego project.

Additional infill diamond drilling, including holes DKD037 and DKD038, demonstrated continuity of bulk-tonnage mineralisation, underpinning the potential scale of the deposit. With two drill rigs now operating, a third rig planned for mobilisation in May, and assays pending for 11 holes, Hot Chili is accelerating work to integrate La Verde’s growing high-grade core into Costa Fuego’s resource base and future mining inventory, a move that could enhance project economics and strengthen its position in the copper-gold development space.

The most recent analyst rating on (AU:HCH) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Hot Chili Limited stock, see the AU:HCH Stock Forecast page.

More about Hot Chili Limited

Hot Chili Limited is an Australia- and Canada-listed copper-gold exploration and development company focused on its Costa Fuego project in Chile’s coastal Atacama region. The company is advancing a cluster of porphyry deposits, including the La Verde discovery located about 30 kilometres south of its planned central processing hub, targeting large-scale, bulk-tonnage resources with potential higher-grade starter pits.

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Technical Sentiment Signal: Buy

Current Market Cap: A$259.8M

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