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State: 17.08.2024 | 11PM
Wed, 18.12.2024       Hot Chili
AU0000HCHAX9

202m grading 0.6% Copper, 0.3g/t Gold from 70m depth

Highlights

First drill hole (DKP001) at La Verde intersects intercepts 174m grading 0.4% copper (Cu), 0.1g/t gold (Au) from 36m depthSecond drill hole (DKP002), located 120m southeast of DKP001, recorded 308m grading 0.5% Cu and 0.3g/t Au from 46m depth to end of holeincluding 202m grading 0.6% Cu, 0.3g/t Au from 70m depthwhich includes 100m grading 0.7% Cu, 0.3g/t Au from 118m depthResults for 10 more drill holes pending and drill program expanded to 6,000mLa Verde's porphyry footprint, measures approximately 850m by 700m; comparable to Hot Chili's higher-grade Cortadera Cuerpo 3 copper-gold porphyry, located 30km northCosta Fuego Copper-Gold Project Pre-feasibility Study (PFS) and Huasco Water PFS advancing towards release in Q1, 2025Treasury of approximately A$25.7 million as of 30 September 2024
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