Latest Chile News

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Flagship Minerals’ metallurgical review of the Pantanillo Gold Project highlights strong gold recoveries from oxide mineralisation and suggests a pathway to low capital and operating costs through heap and dump leach processing.

Southern Hemisphere Mining has identified a significant new copper target, Ferro West, near its existing Ferro deposit at the Llahuin project in Chile, supported by advanced geophysical data and surface copper oxide findings.

Lodestar Minerals has wrapped up its inaugural 16-hole RC drilling campaign at the Darwin IOCG project in northern Chile, targeting high-grade copper and gold mineralisation. Assay results are eagerly awaited, with some samples fast-tracked for early analysis.

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

Great Southern Mining has identified a second large-scale induced polarisation anomaly at its Edinburgh Park Project, highlighting promising potential for significant gold-copper mineralisation. Drilling is slated for mid-2025 following heritage and environmental clearances.

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Asara Resources has raised $2.3 million through a placement led by Barbet L.L.C FZ to advance exploration at its Kada Gold Project in Guinea, coinciding with the appointment of Matthew Sharples as CEO.

Andean Silver’s initial geophysical survey at Cerro Bayo reveals significant new exploration targets beneath shallow cover, pointing to substantial resource growth potential in this prolific Chilean silver-gold district.

Hot Chili Limited confirms a major copper-gold porphyry discovery at La Verde, Chile, with new drilling revealing extensive mineralisation and promising growth potential for its Costa Fuego project.

Southern Hemisphere Mining's 2024 drilling campaign at Llahuin in Chile reveals promising copper-gold grades and extends the Cerro-Ferro system strike, setting the stage for deeper exploration in 2025.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.