Latest Chile News

Asara Resources has completed a A$25 million placement to accelerate exploration at its flagship Kada Gold Project in Guinea, with initial drilling confirming high-grade gold continuity and new deeper mineralisation zones.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Norfolk Metals progresses its maiden drilling campaign at the Carmen Copper Project in Chile, completing 29 of 34 planned RC holes and identifying promising new targets in the Higueritas Belt. The company also initiates re-assay of historical drill core to validate high-grade copper and gold grades.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

Southern Hemisphere Mining has commenced its maiden drilling program at the Southern Porphyry target and updated its Llahuin Copper-Gold-Molybdenum Project resource to 218 million tonnes at 0.38% copper equivalent.

Freehill Mining Limited has addressed an ASX query over the late filing of a director’s interest notice, attributing the delay to an administrative oversight and reaffirming its compliance protocols.

Tesoro Gold Limited has announced plans for a 15-for-1 share consolidation aimed at simplifying its capital structure and enhancing its appeal to investors, pending shareholder approval at the November 26 meeting.

Tesoro Gold has reported a significant 42% increase in its Ternera gold resource alongside a robust scoping study and a $34 million equity raise to accelerate development of its El Zorro project in Chile.

Cosmos Exploration deepens its foothold in Bolivia’s lithium sector through advanced brine testing and a strategic pilot plant purchase, positioning itself at the forefront of sustainable lithium extraction.

Pantera Lithium has completed the sale of its Smackover Lithium Project to EnergyX for A$40 million, securing cash and stock that bolster its balance sheet and strategic focus on US critical minerals.

Early drilling results from the Llahuin Project’s Southern Porphyry target reveal encouraging copper-gold mineralisation and key geological indicators, validating the prospect’s potential for a major discovery.

Freehill Mining Limited is expanding its aggregates product range and upgrading its processing capabilities at the Islon site to meet rising demand from the local cement industry in Chile.