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An update from Hot Chili Limited ( (AU:HCH) ) is now available.
Hot Chili Limited has confirmed a significant copper-gold porphyry discovery at its La Verde project in Chile, based on new drill results from ten Reverse Circulation drill holes. The discovery, characterized by broad and consistent mineralized intersections, has substantial potential, with mineralization open at depth and laterally, and ongoing drilling efforts to expand its footprint. This development, along with the nearing completion of Pre-Feasibility Studies for other projects, positions Hot Chili for potential growth in its market sector, supported by a substantial cash reserve of A$19 million.
More about Hot Chili Limited
Hot Chili Limited operates in the mining industry, focusing on the exploration and development of copper and gold resources. The company primarily targets copper-gold porphyry deposits in coastal regions of Chile.
YTD Price Performance: -2.67%
Average Trading Volume: 11,616
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $63.17M
See more data about HCH stock on TipRanks’ Stock Analysis page.
