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Hot Chili Ord Shs V.HCH

Alternate Symbol(s):  HHLKF

Hot Chili Limited is an Australia-based copper company. The principal activity of the Company is engaged in mineral exploration. The Company is focused on copper exploration and development in Chile’s Atacama Region. The Company’s Costa Fuego Project is a copper mining hub in Region III on the Chilean coastal range. Its Chilean coastal range Costa Fuego Copper-Gold Project comprises the Cortadera, Productora and San Antonio deposits. The Cortadera deposit is focused on copper-gold discoveries in Chile. Productora is an advanced-stage copper-gold project. Its El Fuego copper Project encompasses two historic underground mines, which include San Antonio and Valentina. The Company’s wholly owned subsidiaries include Sociedad Minera El Corazon Limitada, Sociedad Minera Los Mantos SpA, Sociedad Minera Frontera SpA, and Sociedad Minera Bandera SpA.


TSXV:HCH - Post by User

Post by Betteryear2on Aug 08, 2022 7:15pm
257 Views
Post# 34880251

Valentina Delivers Hot Chili’s Highest-Grade Result

Valentina Delivers Hot Chili’s Highest-Grade Result

HIGHLIGHTS

· New assay results from the Valentina copper deposit confirm a potential second high grade satellite addition for the Company’s low-altitude, Costa Fuego senior copper development in Chile

· Drill hole VAP0009 returned 8m grading 5.9% CuEq (5.7% copper & 24g/t silver) from 27m depth down-hole

· VAP0009 extends high grade mineralisation by 120m to the south of shallow historical mine development

· Results of diamond hole VALMET0002, which recorded a stunning 17m visual intersection(see announcement dated 13th June 2002) in a twin hole of VAP0009, are expected shortly following delays in receiving ore grade analysis results

· Assay results are pending for a further seventeen drill holes at Valentina as well as sixteen drill holes from the neighbouring San Antonio high grade copper resource

· First drilling underway at the large-scale Santiago Z target, part of a potential regional porphyry cluster south of the Company’s Cortadera porphyry copper-gold discovery

 

Valentina Delivers Hot Chili’s Highest-Grade Result 8m grading 5.7% Copper & 24g/t Silver

 

https://www.thenewswire.com/press-releases/1AG9FbevY-valentina-delivers-hot-chilis-highest-grade-result8m-grading-57-copper-24g-t-silver.html

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