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Hot Chili Limited ( (AU:HCH) ) has issued an announcement.
Hot Chili Limited has announced significant progress in its La Verde copper-gold discovery, with drilling confirming a large, higher-grade core from near-surface. The latest results from their diamond drilling program have expanded the higher-grade copper and gold mineralization, potentially enhancing the project’s economic viability and positioning Costa Fuego as a strong contender in the region. This development could significantly impact the company’s operations by strengthening the initial phase of their 20-year mine schedule, offering a competitive edge over other major copper developments in the area.
More about Hot Chili Limited
Hot Chili Limited is a mining company focused on copper and gold exploration and development. The company operates in the coastal Atacama region of Chile, with its primary project being the Costa Fuego Copper-Gold Project.
Average Trading Volume: 460,388
Technical Sentiment Signal: Buy
Current Market Cap: A$197.8M
See more insights into HCH stock on TipRanks’ Stock Analysis page.