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Hot Chili Confirms Major High-Grade Extension at La Verde from Standout Drill Result of 62 m @ 1.03% CuEq¹ within 725 m @ 0.42% CuEq¹ from 18 m depth
Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to provide a drilling update from its La Verde Cu-Au porphyry discovery (La Verde), located 30 km south of the Company's Costa Fuego Cu-Au Project planned central processing hub in Chile's coastal Atacama region.
About this update from Hot Chili Limited
Highlights Hot Chili's Managing Director Mr. Christian Easterday commented "We are very pleased to deliver the most significant drill result to date from our La Verde copper-gold porphyry discovery in Chile. Drill hole DKD039 recorded 725 m grading 0.42% CuEq from 18 m depth - the widest significant drill intersection so far at La Verde. Most importantly, it has confirmed a major 200 m down-dip extension to the high-grade core of the deposit, recording 62 m grading 1.03% CuEq from 671 m depth – also the widest high-grade intersection recorded to date. With two drill rigs now in operation and a third planned, the Company is focused on accelerating its definition of a potential higher-grade starter pit for Costa Fuego, as well as continued expansion and integration of La Verde's high-grade core into Costa Fuego's resource base and mining inventory this year". PERTH, Australia, April 8, 2026 /CNW/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to provide a drilling update from its La Verde Cu-Au porphyry discovery (La Verde), located 30 km south of the Company's Costa Fuego Cu-Au Project planned central processing hub in Chile's coastal Atacama region. Diamond Drill Hole DKD039 – Most Significant Result to Date at La Verde A standout significant intersection of 725 m grading 0.42% CuEq1 from 18 m depth has been recorded in diamond drill hole DKD039, along with several other significant drill results across La Verde. Drill hole DKD039 was collared on the western extent of La Verde's discovery footprint (Figure 2), and intersected multiple wide zones of +0.6%CuEq1 mineralisation from near surface (Figure 3 and 4). Importantly, DKD039 achieved two key objectives: Infill Diamond Drill holes DKD037 and DKD038 – Confirm Continuity Further results received from additional diamond drill holes (collared from surface) continue to confirm continuity of bulk tonnage mineralisation, including: Drill hole DKD037 was designed to target a gap between two higher-grade zones, with assay results now confirming expansion and continuity of mineralisation across this zone (Figure 2). Similar to drill hole DKD039, the significant intersection from DKD038 also commences immediately beneath shallow gravel cover, suggesting a large part of the potential higher-grade starter...