Hot Chili Receives 'Strong' Copper-Gold Result at Chile Discovery
MT Newswires Live
Jun 16
Hot Chili (ASX:HCH) received "strong" copper-gold results from its La Verde discovery in Chile, with grades exceeding visual expectation, according to a Tuesday filing with the Australian bourse.
Drilling intersected 391 meters grading 0.51% copper equivalent from surface, including nearly 18 meters grading 0.68% copper equivalent from surface, and almost 41 meters grading 0.6% copper equivalent from 103 meters, the filing said.
Assay results are pending for six diamond drill holes and 16 reverse circulation drill holes, per the filing.
Shares fell 1% in midday trade on Tuesday.
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