HHLKF
Hot Chili Limited·Basic Materials
1.05
2.778%(−0.03)
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52W L: $0.2652W H: $1.48
HHLKF NEWS
prnewswire.com
6d ago
Hot Chili Confirms Major High-Grade Extension at La Verde from Standout Drill Result of 62 m @ 1.03% CuEq¹ within 725 m @ 0.42% CuEq¹ from 18 m depth
Highlights Latest results from ongoing drilling across the Company's La Verde copper-gold (Cu-Au) discovery in Chile confirm a major extension to the deposit's rapidly growing high-grade core DKD039 returned the widest drill result recorded to date, intersecting 725 m grading 0.42% CuEq (0.36% Cu, 0.07 g/t Au) from 18 m depth down-hole, including: 22 m grading 0.71% CuEq (0.67% Cu, 0.03 g/t Au) from 42 m depth 46 m grading 0.65% CuEq (0.54% Cu, 0.12 g/t Au) from 249 m depth 51 m grading 0.62% CuEq (0.51% Cu, 0.10 g/t Au) from 433 m depth 62 m grading 1.03% CuEq (0.90% Cu, 0.18 g/t Au) from 671 m depth The shallow result of 22 m grading 0.71% CuEq from 42 m, further expands the extent of an emerging higher-grade starter pit for the Company's Costa Fuego Cu-Au Project The deeper result of 61 m grading 1.03% CuEq from 670 m, significantly extends La Verde's high-grade core by approximately 200 m down-dip Drilling operations accelerating with two drill rigs on site (Diamond (double shift) and Reverse Circulation (RC, single shift)) and a third drill rig planned to be mobilised in May Assay results pending for eleven drill holes (four diamond and seven RC) ____________________________________ 1 Copper Equivalent (CuEq) reported for the drillhole intersections were calculated using the following formula: CuEq% = ((Cu% × Cu price 1% per tonne × Cu_recovery) + (Mo ppm × Mo price per g/t × Mo_recovery) + (Au ppm × Au price per g/t × Au_recovery) + (Ag ppm × Ag price per g/t × Ag_recovery)) / (Cu price 1% per tonne × Cu_recovery). The Metal Prices applied in the calculation were: Cu=4.50 USD/lb, Au=3,150 USD/oz, Mo=20 USD/lb, and Ag=30 USD/oz.
prnewswire.com
Feb 16
Shallow High-Grade Cu-Au Results Continue at La Verde
Deeper Drilling Continues to Drive Expansion of High-Grade Core Highlights Near-surface, higher-grade drill results continue at the La Verde copper-gold porphyry discovery, outlining a potential higher-grade starter pit for the Company's Costa Fuego copper-gold project, located in Chile's coastal range DKD036 recorded 150 m grading 0.52% CuEq2 (0.37% Cu, 0.21 g/t Au) from 30 m depth Including 38 m grading 0.70% CuEq (0.55% Cu, 0.21 g/t Au) from 117 m DKD035 recorded 220 m grading 0.47% CuEq (0.37% Cu, 0.14 g/t Au) from 38 m depth Including 68 m grading 0.64% CuEq (0.52% Cu, 0.15 g/t Au) from 187 m Latest results add to nine previously recorded significant drill intersections, which underpin a rapidly emerging, shallow zone of higher-grade copper-gold mineralisation at La Verde Strong chalcopyrite-rich, copper porphyry style mineralisation visually recorded over approximately 150m downhole width in current drillhole DKD039, significantly expanding La Verde's high-grade core at depth Double-shift diamond drilling continuing, second drill rig (Reverse Circulation ("RC")) expected to commence soon _______________________________ 1 Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.
prnewswire.com
Jan 20
Rapid Growth of High Grade Core Continues at La Verde
Third diamond hole records 495m grading 0.38% Cu & 0.10g/t Au from 3m depth, including 123m grading 0.50% Cu & 0.13g/t Au Highlights Latest drill results further expand an emerging, bulk-tonnage, high-grade core at Hot Chili's La Verde copper-gold (Cu-Au) porphyry discovery DKD033, a diamond twin, recorded 495 m grading 0.38% Cu and 0.10 g/t Au from 3 m depth including 123 m grading 0.50% Cu and 0.13 g/t Au from 289 m depth DKD034 recorded 426 m grading 0.37% Cu and 0.08 g/t Au from 194 m depth including 220 m grading 0.43 % Cu, 0.10 g/t Au from 322 m depth and including 52 m grading 0.50 % Cu, 0.08 g/t Au from 566 m depth Assays pending for six diamond drillholes, including results for DKD035 and DKD036, which reported wide, higher-grade copper-porphyry style mineralisation from near-surface, results expected soon Diamond drilling recommenced on 12 January 2026, following a short break. Hot Chili's Managing Director Mr.
