La Verde emerges as Hot Chili's cornerstone asset

Canada NewsWire Highlights Hot Chili's La Verde porphyry discovery is fast-shaping from growth engine to cornerstone asset for the Company'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 strengthen La Verde's significance ahead of a planned maiden Mineral Resource Estimate (MRE). Latest results include: Shallow RC Drilling Continues to Delineate Near-Surface Enrichment Zone DKP053 recorded 250 m grading 0.50% CuEq¹ (0.39% Cu, 0.14g/t Au) from 64 m depth Including 36 m grading 0.72% CuEq (0.59% Cu, 0.18g/t Au) from 82 m DKP054 recorded 124 m grading 0.46% CuEq (0.40% Cu, 0.07g/t Au) from 42 m depth Including 26 m grading 0.71% CuEq (0.63% Cu, 0.10g/t Au) from 58 m DKP056 recorded 90 m grading 0.45% CuEq (0.36% Cu, 0.12 g/t Au) from 56 m depth Including 30 m grading 0.62% CuEq (0.50% Cu, 0.17 g/t Au) from 64 m DKP058 recorded 108 m grading 0.54% CuEq (0.45% Cu, 0.11 g/t Au) from 24 m depth Including 32 m grading 0.60% CuEq (0.52% Cu, 0.12 g/t Au) from 24 m Step-Out DD Drilling Continues to Expand Discovery Footprint DKD049 recorded 213 m grading 0.44% CuEq¹ (0.38% Cu, 0.07g/t Au) from 504 m depth o Including 57.3 m grading 0.60% CuEq (0.51% Cu, 0.10 g/t Au) from 535.8 m DKP028D recorded 258.9 m grading 0.42% CuEq (0.33% Cu, 0.09 g/t Au) from 358 m o Including 27.4 m grading 0.76% CuEq (0.63% Cu, 0.16 g/t Au) from 499.5 m Assays pending for 21 drillholes (three DD, three DD tails and 15 RC) and second accredited laboratory now operating at full capacity – significantly improving Hot Chili's assay turnaround times PERTH, Australia , July 28, 2026 /CNW/ -- Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to provide further strong drilling results from its La Verde Cu-Au porphyry discovery (La Verde), located 30 km south of the Company's Costa Fuego Cu-Au Project