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Hot Chili Expands La Verde Copper-Gold Discovery Amid Strategic Funding Push
12:41pm on Tuesday 29th of July, 2025 AEST
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Mining
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Hot Chili Expands La Verde Copper-Gold Discovery Amid Strategic Funding Push
12:41pm on Tuesday 29th of July, 2025 AEST
Key Points
Phase-one drilling at La Verde confirms extensive copper-gold mineralisation over 1 km by 750 m
Multiple higher-grade mineralisation centres identified, with drilling open at depth and laterally
Strategic partnering process underway to secure funding for Costa Copper-Gold, Fuego, and Huasco Water projects
Company reports A$5.2 million cash on hand, no debt, and expects A$2 million in government VAT reimbursements
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