La Verde Emerging as Hot Chili’s Cornerstone Asset
HighlightsHot Chili’s La Verde porphyry discovery is fast-shaping from growth engine to cornerstone asset for theCompany’s coastal range Costa Fuego copper-gold (Cu-Au) project in Chile.Several recently returned Reverse Circulation (RC) and Diamond (DD) drill results continue to strengthenLa Verde’s significance ahead of a planned maiden Mineral Resource Estimate (MRE). Latest results include:Shallow RC Drilling Continues […]
Hot Chili Raises US$15 Million Through Royalty Sale to Advance La Verde Copper Discovery
La Verde Added to Costa Fuego Royalty Footprint Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced the execution of a binding Amended and Restated Investment Agreement (the “A&R Investment Agreement”) with OR Royalties Inc., formerly Osisko Gold Royalties Ltd (“OR”) pursuant to which the Company has agreed to grant to OR a Net […]
Hot Chili Confirming Broad High-Grade Core with New Drill Result at La Verde Copper Discovery
Highlights 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 […]
Hot Chili Showing Increased Confidence in High Grade Copper Core at Costa Fuego
Core photo from DKD049 (541 m downhole) showing vein-hosted and disseminated chalcopyrite and pyrite mineralization in strongly A-B veined tonalite host rock. Broad 180 m down-hole visual drill intersection represents a significant 175 m step-out to La Verde’s high-grade core along its eastern flank, assay results expected May 2026[1] (CNW Group/Hot Chili Limited) Highlights ________________________________________________________________________________________________________________________ […]
Hot Chili Releases 1Q 2026 Operational Update and Financials
Highlights $40 Million Funding to Accelerate Growth & Development of Costa Fuego Global Engineering Firm Ausenco Appointed for Feasibility StudyMajor High-Grade Extensions Continue at La Verde Higher-Grade Starter Pit Emerging Strong Cash Position of A$35.2M Diamond and RC Drill rigs accelerating development of the La Verde Cu-Au discovery SUMMARY OF OPERATIONAL ACTIVITIES Major High-Grade Extensions […]
Hot Chili Drills Best Result to Date at La Verde Discovery in Chile.
Two drill rigs in operation at the La Verde porphyry discovery, Cost Fuego copper-gold project, coastal Chile Highlights 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) + […]
New Drill Results Support Higher-Grade Near Surface Starter Pit At Costa Fuego
Core photo from DKD039 (709m downhole) showing vein-hosted and disseminated chalcopyrite (~3%) and pyrite (~2%) mineralization in strongly veined tonalite host rock, assay results expected April 2026(1) (CNW Group/Hot Chili Limited) Highlights Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced stronger drill results from its La Verde copper–gold (Cu-Au) porphyry discovery, located 30 […]
Hot Chili Arranges A$40 Million Funding to Accelerate La Verde into Expanded Feasibility for the Costa Fuego Cu-Au Project
Highlights Hot Chili Limited (ASX: HCH) (TSXV: HCH) (“Hot Chili” or the “Company”) is pleased to announce that it hassuccessfully arranged a A$40 million private placement to institutional and professional investors through theissue of 24,242,425 new fully paid ordinary shares (“Shares”) at an offer price of A$1.65 (C$1.56) per Share(the “Placement”). Veritas Securities Limited, ATB […]
Diamond Drilling Confirms Large, Higher-Grade Core at New Discovery La Verde
Drilling Confirms Large, Higher-Grade Core from Near-Surface at La Verde (CNW Group/Hot Chili Limited) Highlights Hot Chili’s Managing Director Mr. Christian Easterday commented, “The convergence of mineralisation into a single higher-grade core at La Verde, extending from near surface, is a material development for Hot Chili. Addition of a higher-grade starter pit would significantly strengthen the […]
First Diamond Drillhole Confirms Gold-Rich Major Copper Discovery in Coastal Chile
La Verde Porphyry Discovery Exceeds Expectations Highlights Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced a drilling update from its La Verde copper–gold (Cu-Au) discovery, located roughly 30 km south of the Company’s Costa Fuego Copper-Gold (Cu-Au) Project (“Costa Fuego” or “the Project”) planned central processing hub in Chile’s coastal Atacama region. Phase […]