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Hot Chili Limited (ASX:HCH)

ALERT: Price-sensitive ASX Announcement for HCH
Current share price for HCH : $1.555 -0.13 (-7.72%)+
Release
24 Aug 2026 8:06AM
Price at Release
$1.685
Full Release
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Summary
Hot Chili Limited announced significant drill results from their La Verde porphyry discovery, which is part of the Costa Fuego copper-gold project in Chile. The drilling has resulted in high-grade copper equivalent intersections, with one standout result of 106 meters grading 0.70% CuEq within a broader 472 meters grading 0.41% CuEq from 49 meters depth. The results confirm strong continuity of shallow, wide zones of copper-gold mineralization, with assays pending for additional drill holes. The company has accelerated its drilling operations at La Verde by deploying a fourth rig.
Key Points
  • Significant drill results from La Verde, part of Costa Fuego project.
  • Standout result of 106m grading 0.70% CuEq within 472m grading 0.41% CuEq.
  • Strong continuity of shallow, wide zones of copper-gold mineralization.
  • Assays pending for 18 additional drill holes.
  • Deployment of a fourth rig to accelerate drilling operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.