Hot Chili’s La Verde Discovery Continues to Grow with New Drill Results
Drilling at the La Verde porphyry discovery in coastal Chile continues to transform standoutintersections into a coherent, well-defined mineralised system, ahead of the maiden MineralResource Estimate (MRE). The latest results further define the scale, grade and continuity of near-surface higher-gradecopper-gold mineralisation, supporting the Company’s objective of integrating La Verde into theCosta Fuego copper-gold (Cu-Au) Project, […]
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 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 […]
Hot Chili Announces A$14M Rights Issue to Complete Strategic Partnership Process and & Maiden La Verde Resource Estimate
Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced that they will be undertaking a A$14 million funding, exclusively offered to all eligible shareholders. The A$14 million funding will be via non-renounceable entitlements offer of new shares on a 2 for 13 basis, at an issue price of A$0.60 (60 cents) per share (the […]
Hot Chili Releases Q2 Operational Update – In Discussions with Potential Partners
Highlights Latest Drill Results Double La Verde Porphyry Discovery Footprint • Completion of phase-one Reverse Circulation (“RC”) drilling program confirms significant copper-gold (Cu-Au) discovery, with mineralization extending over 1 km in length and up to 750 m in width from near surface. • Discovery remains open laterally and at depth, with over half of Hot […]
Hot Chili Confirms Major Discovery in Q1 2025 Report
Highlights Hot Chili Announces Preliminary Feasibility Study (PFS) & Maiden Ore Reserve for the Costa Fuego Cu-Au Project Low-risk, Chilean coastal copper development with advanced permitting – multi-decade mine life, top quartile copper production scale and lowest quartile capital intensity Strong economics and leverage to rising copper price: Post-tax Net Present Value (NPV8%) of US$1.2 […]