Hot Chili Limited Unveils Potential District-Scale Porphyry Cluster at La Verde Copper-Gold Discovery in Chile

Reuters
05-29
Hot Chili Limited Unveils Potential District-Scale Porphyry Cluster at La Verde Copper-Gold Discovery in Chile

Hot Chili Limited has announced significant developments in its regional exploration surrounding the La Verde copper-gold porphyry discovery in the Atacama region, Chile. The company has identified the potential for a district-scale porphyry cluster, with multiple look-alike magnetic features adjacent to La Verde. Three priority porphyry targets have been recognized, with two concealed under shallow gravel cover, offering a blind exploration opportunity. The phase-two drilling program at La Verde will be expanded to explore these new targets, which may significantly extend the existing Cu-Au discovery. Further detailed mapping and rock chip sampling are underway, with regulatory approvals for additional drilling expected in September 2025. This development highlights the potential for a broader district-scale porphyry system in the area, enhancing Hot Chili's prospects in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hot Chili Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: TO98497) on May 29, 2025, and is solely responsible for the information contained therein.

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