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Hot Chili Limited Gains Approval for La Verde Drilling Expansion

Story Highlights
  • Hot Chili Limited received approval to expand drilling at La Verde copper-gold discovery.
  • The expansion aims to enhance resource growth and improve Costa Fuego project’s economics.
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Hot Chili Limited Gains Approval for La Verde Drilling Expansion

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Hot Chili Limited ( (AU:HCH) ) just unveiled an update.

Hot Chili Limited has received regulatory approval to expand drilling at its La Verde copper-gold discovery in Chile, which is located near its Costa Fuego project. This approval allows the company to explore further extensions and test the potential of La Verde as part of a larger copper porphyry cluster. The ongoing drilling efforts aim to enhance resource growth and improve the economic viability of the Costa Fuego project, with significant implications for the company’s future operations and stakeholder interests.

More about Hot Chili Limited

Hot Chili Limited is a company operating in the mining industry, focusing on copper and gold exploration and development. The company is engaged in projects in the Atacama region of Chile, with a market focus on expanding its copper-gold discoveries to enhance its resource base and project economics.

Average Trading Volume: 407,879

Technical Sentiment Signal: Hold

Current Market Cap: A$183.6M

For an in-depth examination of HCH stock, go to TipRanks’ Overview page.

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