An update from Hot Chili Limited ( (AU:HCH) ) is now available.
Hot Chili Limited has announced significant progress in its drilling operations at the La Verde copper-gold porphyry discovery in Chile. The company has doubled its drilling coverage since mid-February 2025, with 27 reverse circulation drill holes completed over an area of 1,000 m by 550 m. While assay results for fifteen holes are pending due to delays from regional laboratories, the company plans to continue its drilling efforts, including deeper diamond drill testing, to explore further mineralization. This expansion of drilling operations is expected to enhance Hot Chili’s resource base and strengthen its position in the copper-gold mining industry.
More about Hot Chili Limited
Hot Chili Limited is a mining company operating in the copper-gold sector, focusing on exploration and development projects in Chile. The company is engaged in the discovery and development of copper-gold porphyry deposits, with a significant emphasis on its Costa Fuego Copper-Gold Project in the Atacama region.
YTD Price Performance: 9.78%
Average Trading Volume: 24,626
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $65.31M
Learn more about HCH stock on TipRanks’ Stock Analysis page.