Hot Chili Says Chile Discovery Drilling Defines Scale, Grade, Continuity of Copper-Gold Mineralization
MT Newswires Live
1 hour ago
Hot Chili (ASX:HCH) said drilling at the La Verde porphyry discovery in Chile defined the scale, grade, and continuity of near-surface higher-grade copper-gold mineralization, according to a Thursday Australian bourse filing.
Reverse circulation drilling continues to target near-surface, higher-grade mineralization.
It encountered intercepts of 188 meters grading 0.6% grade of copper-equivalent, including 0.4% grade of copper and 0.16 grams per tonne grade of gold from 24 meters as well as 112 meters grading 0.5% grade of copper-equivalent, including 0.4% grade of copper and 0.10 g/t grade of gold from 42 meters.
The company's shares fell past 1% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.