Hot Chili Limited (AU:HCH) has released an update.
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Hot Chili Limited reports a 6% increase in copper equivalent contained metal for the Costa Fuego Project’s Indicated Mineral Resources, with over 85% now classified as Indicated. The updated estimates show a robust foundation for the upcoming Preliminary Feasibility Study, fueled by 24.5 km of drilling over 24 months aimed at advancing the project. No Ore Reserves have been reported yet for Costa Fuego, which consists of the Cortadera, Productora, Alice, and San Antonio deposits.
For further insights into AU:HCH stock, check out TipRanks’ Stock Analysis page.
