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Hot Chili Limited (ASX:HCH)
ALERT: Price-sensitive ASX Announcement for HCH
Current share price for HCH : $1.965 0.28 (16.62%)+
Release
16 Feb 2026 8:13AM
Price at Release
$1.685
Full Release
Summary
Hot Chili Limited has announced the continuation of positive shallow high-grade copper and gold results at their La Verde project. The results have encouraged the expansion of their Phase two drilling program, with a second drill rig expected to start soon. Initial metallurgical testwork indicates similar recoveries to those recorded at Costa Fuego, using seawater. The company plans to provide further updates as assay results become available. The latest findings bolster confidence in the potential of the La Verde porphyry system, which is part of the broader Domeyko project.
Key Points
- Continuation of shallow high-grade copper and gold results at La Verde.
- Expansion of Phase two drilling program with a second drill rig.
- Initial metallurgical testwork shows similar recoveries to Costa Fuego.
- Further updates to be provided as assay results are received.
- La Verde is part of the larger Domeyko project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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