HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 19.Mar.2025) — Hot Chili Limited provided an update on continuing drilling operations at the La Verde copper-gold porphyry discovery, located approximately 30km south of the company’s Costa Fuego copper-gold project planned central processing hub at low elevation in the coastal range of the Atacama region, Chile.
The company previously reported a 400m by 550m discovery footprint at the La Verde, extending from shallow depth to approximately 300m vertically, confirmed by assay results from the first 12 RC drill holes, which all recorded broad zones copper-gold porphyry mineralization. 8 of these holes recorded significant mineralization to end-of-hole, Hot Chili announced on 19 Mar. 2025 in an official statement.