Latest Chile News

Tesoro Gold has reported standout deep drilling results at its Ternera Deposit, confirming mineralisation well beyond previous open pit limits, while fast-tracking its El Zorro project into a Definitive Feasibility Study aiming for completion by year-end.

Southern Hemisphere Mining has completed Phase I drilling at its Southern Porphyry target in Chile, confirming a large hydrothermal system and delivering encouraging assay results. The company is gearing up for Phase II drilling targeting the elusive high-grade core.

BHP has reported robust copper and iron ore production for the nine months to March 2026, with key projects progressing and a leadership change set for July. Operational resilience and disciplined capital moves underpin its outlook.

Pantera Minerals has seen a 37% uplift in the valuation of its EnergyX stake following an increase in EnergyX’s Regulation A raise price to US$13 per share, reflecting operational progress and stronger market confidence.

Eagle Mountain Mining has formalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project in Arizona, with Nittetsu committing US$20 million to advance exploration and development while managing the operation.

Great Southern Mining (ASX:GSN) is set to restart diamond drilling at its Edinburgh Park joint venture in northern Queensland, focusing on the Mt Dillon target where a significant induced polarization anomaly suggests a large intrusive-related gold system.

Freehill Mining’s aggregate materials sales surged in March, with quarterly sales up 60%, while the company prioritises mine planning and permitting for its Blanco y Negro copper-gold project.

Asara Resources (ASX:AS1) is pushing ahead at its Kada Gold Project in Guinea’s prolific Siguiri Basin, boasting a 923,000-ounce gold resource and launching expansive 2026 drilling campaigns aimed at significantly growing both Indicated and Inferred categories.

Cobre Limited has kicked off a major 40,000-metre drilling campaign at its Sierra Atacama copper project in Chile, aiming to convert its existing NI 43-101 resource to JORC compliance and explore opportunities for a larger open-pit operation.

Southern Hemisphere Mining and partner FMR Resources have reported broad gold-copper-molybdenum mineralisation at the Southern Porphyry target in Chile, confirming a large porphyry system. Despite fertile intrusive phases intersected, the mineralised core remains elusive, setting the stage for targeted Phase II drilling.

FMR Resources has reported assay results from three diamond drillholes at the Southern Porphyry target within its Chilean Llahuin Project, confirming a large, vertically extensive porphyry-related hydrothermal system. While the causative porphyry core remains untested, elevated gold and molybdenum values suggest proximity, prompting plans for a focused Phase II drill program.

Hot Chili Limited has reported significant drill results from its La Verde porphyry discovery in Chile, including a standout 725-metre intersection grading 0.42% copper equivalent and a 62-metre high-grade core extension at 1.03% CuEq. These results confirm a major down-dip extension of the high-grade core and near-surface mineralisation, supporting development plans for the Costa Fuego project.