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Hot Chili Limited ( (AU:HCH) ) has provided an update.
Hot Chili Limited has confirmed a significant copper-gold porphyry discovery at its La Verde site in Chile, with promising drill results indicating substantial mineralization. The company is leveraging artificial intelligence and machine learning to advance its exploration efforts and has expanded its drilling program with additional results pending. The company is in the final stages of a pre-feasibility study for its Costa Fuego Copper Project and is progressing with environmental assessments, supported by strong financials. However, the company acknowledges uncertainties in funding and development, necessitating further exploration and evaluation to ensure the project’s viability.
More about Hot Chili Limited
Hot Chili Limited is a company operating in the copper and gold mining industry. It focuses on exploration and development of mineral resources, primarily in Chile, which is one of the world’s top copper-producing nations.
YTD Price Performance: -1.78%
Average Trading Volume: 10,748
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $62.82M
See more data about HCH stock on TipRanks’ Stock Analysis page.
