La Verde lifts growth potential with high-grade copper-gold drilling
News provided by Hot Chili Limited May 05, 2026, 07:00 ET Share this article Share to X Share this article Share to X Highlights Latest drill results from the Company's La Verde copper-gold (Cu-Au) discovery in coastal Chile continue to boost expectations, with several significant intersections of strong mineralisation visually 1 confirmed across key extensions: Eastern Flank – Broad 180 m zone of chalcopyrite-rich, porphyry-style copper mineralisation , significantly extends the width of La Verde's high-grade core (DKD049) Higher-Grade Starter Pit – Three wide visual drill intersections of strong porphyry-style mineralisation from near-surface , add further up-dip continuity to La Verde's high-grade core (DKP052, DKP053 and DKP054 recording widths of 205m, 256m and 129m respectively) Latest assay results from DKD040 confirm better-than-expected mineralisation in an area previously interpreted as lower grade from earlier first-pass Reverse Circulation (RC) drilling: 86.6 m grading 0.45% CuEq 2 (0.34% Cu, 0.15 g/t Au) from 4.4 m depth 163.9 m grading 0.43% CuEq (0.34% Cu, 0.11 g/t Au) from 185.2 m depth Assay results pending for 14 drill holes (eight diamond and six RC), third drill rig expected to commence in coming week PERTH, Australia , May 5, 2026 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF ) ("Hot Chili" or the "Company") is pleased to provide another positive drilling update from its La Verde Cu-Au porphyry discovery (La Verde), located 30 km south of the Company's Costa Fuego Cu-Au Project planned central processing hub in Chile's coastal Atacama region. Results to date confirm continued growth of the deposit's high-grade core and increasing confidence in continuity of higher grade near-surface mineralisation. Continue Reading Core photo from DKD049 (541 m downhole) showing vein-hosted and disseminated chalcopyrite and pyrite mineralisation in st