Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hot Chili Limited ( (AU:HCH) ) just unveiled an announcement.
Hot Chili Limited has announced promising results from its La Verde copper-gold discovery in Chile, with the first diamond drillhole DKD032 revealing significant copper and gold mineralization. The results, which include a standout intercept of 529 meters grading 0.41% copper and 0.21 g/t gold, have expanded the mineralization both vertically and laterally, suggesting potential for substantial growth in the company’s mineral resource base. These findings have implications for extending the mine life and enhancing the financial metrics of Hot Chili’s Costa Fuego Project, as outlined in their pre-feasibility study.
More about Hot Chili Limited
Hot Chili Limited is a mining company operating in the copper-gold industry, focusing on exploration and development projects in Chile. The company is primarily engaged in the discovery and expansion of copper-gold resources, with a significant emphasis on its Costa Fuego Copper-Gold Project in the Atacama region.
Average Trading Volume: 443,596
Technical Sentiment Signal: Buy
Current Market Cap: A$150.8M
Learn more about HCH stock on TipRanks’ Stock Analysis page.