HCH: Second Porphyry Discovery Confirmed at La Verde
Original announcement by asx on
- Company
- Hot Chili Limited
- Ticker
- HCH
- Exchange
- ASX
- Region
- Chile's coastal Atacama region
- Primary commodity
- Copper
- Secondary commodities
- Gold, Molybdenum, Silver
- Document categories
- Drill results
- Extracted
- 2026-10-18 22:15:39 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Hot Chili Limited has confirmed a second porphyry discovery, La Verde South, at its La Verde copper-gold project in Chile, significantly expanding its growth potential. Step-out drill hole DKP084 returned a broad intercept of 148 m grading 0.44% CuEq (0.39% Cu, 0.07 g/t Au) from 36 m, including a higher-grade zone. Visual estimates from diamond drill hole DKD100 also indicate significant copper porphyry-style mineralization, with assays pending for this and 24 other holes.
Reasoning: The announcement confirms a second significant porphyry discovery, La Verde South, through successful step-out drilling, with a broad, shallow, high-grade copper-gold intercept in DKP084. This significantly expands the project's potential, although some results are visual estimates with assays pending.
Positive factors
- New porphyry discovery (La Verde South)
- Significant step-out drilling success
- Broad, shallow, higher-grade mineralization
- Potential to be of similar scale to the main La Verde discovery
- Maiden MRE and PFS remain on track
- JORC and NI 43-101 compliant reporting
Negative factors
- DKD100 results are visual estimates, not assays
- Assays pending for 25 drill holes
- CuEq formula uses Cortadera as a proxy, not La Verde specific recoveries
- Historical drilling data is incomplete and unverifiable
Facts used in scoring: 10
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Step-out drilling has confirmed the discovery of a second porphyry centre – La Verde South
Evidence · text
“Step-out drilling has confirmed the discovery of a second porphyry centre – La Verde South”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The announcement includes a detailed JORC Code Table 1 describing sampling techniques, quality control procedures, and laboratory methods.
Evidence · text
“Sampling methodologies are described in the attached JORC Table 1.”
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: The report clearly states the nominal cut-off grade of 0.20% Cu and mentions that reported intersections may include internal dilution up to 30 m downhole width.
Evidence · text
“Significant intercepts for La Verde are reported above a nominal cut-off grade of 0.20% Cu. Reported intersections may include internal dilution (intervals below 0.20% Cu), including zones exceeding 30 m downhole width, where the overall weighted average grade of the intersection remains above the cut-off grade.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document explicitly states that drill intersections are currently reported as downhole length, with true width not yet known.
Evidence · text
“Drill intersections are currently reported as downhole length.”
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The document references previously reported results from DKP024 from an announcement dated 19 May 2025.
Evidence · text
“DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025).”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (10)
DKP084La Verde South · copperGrade: 0.44Grade Unit: %Intercept: 148 mView all detailsHide details
Identity
- Hole ID
- DKP084
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.44
- Grade Unit
- %
- Intercept
- 148 m
- From
- 36 m
- To
- 184 m
- Hole Depth
- 366 m
- Intercept Depth
- 36 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- DKP084:36-184
- Mining Method
- open_pit
Location
- Location
- La Verde South
- Easting
- 324417
- Northing
- 6785322
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Azimuth
- 75 °
- Dip
- -62 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.44
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
- Dilution Disclosed
- Yes
- Max Dilution
- 30 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This broad intercept confirms a new porphyry center, La Verde South, with a strong copper equivalent grade for a porphyry deposit, significantly extending the known mineralization.
Positive factors
- Step-Out Extension
- Continuous Width
- High Grade (Porphyry)
- QA/QC Disclosed
- Compositing Transparent
- Metal Equivalent Assumptions Disclosed
Negative factors
- Apparent Width Only
- CuEq based on proxy recoveries
Evidence · table
“0.44”
Context: 148
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP084La Verde South · copperGrade: 0.56Grade Unit: %Intercept: 44 mView all detailsHide details
Identity
- Hole ID
- DKP084
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.56
- Grade Unit
- %
- Intercept
- 44 m
- From
- 138 m
- To
- 182 m
- Hole Depth
- 366 m
- Intercept Depth
- 36 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- DKP084:138-182
- Mining Method
- open_pit
Location
- Location
- La Verde South
- Easting
- 324417
- Northing
- 6785322
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Azimuth
- 75 °
- Dip
- -62 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.56
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
- Dilution Disclosed
- Yes
- Max Dilution
- 30 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This higher-grade sub-interval within the broader intercept further enhances the significance of the new La Verde South porphyry discovery, showing strong copper equivalent grades.
Positive factors
- Step-Out Extension
- High Grade (Porphyry)
- QA/QC Disclosed
- Compositing Transparent
- Metal Equivalent Assumptions Disclosed
Negative factors
- Apparent Width Only
- CuEq based on proxy recoveries
Evidence · table
“0.56”
Context: 44
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP024La Verde South · copperGrade: 0.4Grade Unit: %Intercept: 114 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DKP024
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.4
- Grade Unit
- %
- Intercept
- 114 m
- From
- 86 m
- To
- 200 m
- Hole Depth
- 402 m
- Intercept Depth
- 86 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- DKP024:86-200
- Mining Method
- open_pit
Location
- Location
- La Verde
- Easting
- 324416
- Northing
- 6785423
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Azimuth
- 110 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.4
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
- Dilution Disclosed
- Yes
- Max Dilution
- 30 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-05-19T00:00:00.000Z
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This historical intercept provides context for the new DKP084 results, showing previous mineralization in the area, but is not new information.
Positive factors
- QA/QC Disclosed
- Compositing Transparent
- Metal Equivalent Assumptions Disclosed
Negative factors
- Stale Data Re-release
- Apparent Width Only
- CuEq based on proxy recoveries
Evidence · text
“DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP024La Verde South · copperGrade: 0.5Grade Unit: %Intercept: 52 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DKP024
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 52 m
- From
- 96 m
- To
- 148 m
- Hole Depth
- 402 m
- Intercept Depth
- 86 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- DKP024:96-148
- Mining Method
- open_pit
Location
- Location
- La Verde
- Easting
- 324416
- Northing
- 6785423
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Azimuth
- 110 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.5
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- % Cu
- Dilution Disclosed
- Yes
- Max Dilution
- 30 m
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2025-05-19T00:00:00.000Z
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: This historical higher-grade sub-interval provides further context for the new DKP084 results, but is not new information.
Positive factors
- QA/QC Disclosed
- Compositing Transparent
- Metal Equivalent Assumptions Disclosed
Negative factors
- Stale Data Re-release
- Apparent Width Only
- CuEq based on proxy recoveries
Evidence · text
“including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025).”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP084La Verde South · copperGrade: 0.39Grade Unit: %Intercept: 148 mView all detailsHide details
Identity
- Hole ID
- DKP084
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.39
- Grade Unit
- %
- Intercept
- 148 m
- From
- 36 m
- To
- 184 m
- Hole Depth
- 366 m
- Intercept Depth
- 36 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- DKP084:36-184
- Mining Method
- open_pit
Location
- Easting
- 324417
- Northing
- 6785322
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Dip
- -62 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 0.39 % copper is moderate against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 57.7 %·m is weak (grade alone is moderate; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.39”
Context: DKP084
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP084La Verde South · goldGrade: 0.07Grade Unit: g/tIntercept: 148 mView all detailsHide details
Identity
- Hole ID
- DKP084
- Project
- La Verde South
- Commodity
- gold
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.07
- Grade Unit
- g/t
- Intercept
- 148 m
- From
- 36 m
- To
- 184 m
- Hole Depth
- 366 m
- Intercept Depth
- 36 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- DKP084:36-184
- Mining Method
- open_pit
Location
- Easting
- 324417
- Northing
- 6785322
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Dip
- -62 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 0.07 g/t gold is weak against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 10.4 g/t·m is weak (grade alone is below; the better of the two is used).
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.07”
Context: DKP084
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
DKP084La Verde South · silverGrade: 1Grade Unit: g/tIntercept: 148 mView all detailsHide details
Identity
- Hole ID
- DKP084
- Project
- La Verde South
- Commodity
- silver
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 1
- Grade Unit
- g/t
- Intercept
- 148 m
- From
- 36 m
- To
- 184 m
- Hole Depth
- 366 m
- Intercept Depth
- 36 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- DKP084:36-184
- Mining Method
- open_pit
Location
- Easting
- 324417
- Northing
- 6785322
- CRS
- WGS84 UTM zone 19S
- Elevation
- 1186 m
- Dip
- -62 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 1 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 148.0 g/t·m is below.
Negative factors
- 1 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.0”
Context: DKP084
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
InclLa Verde South · copperGrade: 0.5Grade Unit: %Intercept: 44 mView all detailsHide details
Identity
- Hole ID
- Incl
- Project
- La Verde South
- Commodity
- copper
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.5
- Grade Unit
- %
- Intercept
- 44 m
- From
- 138 m
- To
- 182 m
- Hole Depth
- 500 m
- Intercept Depth
- 138 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- Incl:138-182
- Mining Method
- open_pit
Location
- CRS
- WGS84 UTM zone 19S
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 0.5 % copper is strong against the porphyry deposit band [0.8, 0.4, 0.25, 0.15] %. Grade×width 22.0 %·m is weak (grade alone is strong; the better of the two is used).
Positive factors
- 0.5 % copper is strong on the porphyry deposit band.
Negative factors
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.50”
Context: Incl
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
InclLa Verde South · goldGrade: 0.06Grade Unit: g/tIntercept: 44 mView all detailsHide details
Identity
- Hole ID
- Incl
- Project
- La Verde South
- Commodity
- gold
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 0.06
- Grade Unit
- g/t
- Intercept
- 44 m
- From
- 138 m
- To
- 182 m
- Hole Depth
- 500 m
- Intercept Depth
- 138 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- Incl:138-182
- Mining Method
- open_pit
Location
- CRS
- WGS84 UTM zone 19S
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 0.06 g/t gold is below against the porphyry deposit band [1, 0.5, 0.3, 0.15] g/t. Grade×width 2.6 g/t·m is below.
Negative factors
- 0.06 g/t gold is below the weak threshold (0.15 g/t) on the porphyry deposit band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“0.06”
Context: Incl
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
InclLa Verde South · silverGrade: 1.8Grade Unit: g/tIntercept: 44 mView all detailsHide details
Identity
- Hole ID
- Incl
- Project
- La Verde South
- Commodity
- silver
- Region
- chile
- Reported Region
- chile
- Ticker
- HCH
Geometry
- Grade
- 1.8
- Grade Unit
- g/t
- Intercept
- 44 m
- From
- 138 m
- To
- 182 m
- Hole Depth
- 500 m
- Intercept Depth
- 138 m
Classification
- Deposit Type
- porphyry
- Sample Type
- drill
- Group ID
- Incl:138-182
- Mining Method
- open_pit
Location
- CRS
- WGS84 UTM zone 19S
QA/QC
- Laboratory
- ALS and AGS Cotecna
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: Expanded from assay table. 1.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 79.2 g/t·m is below.
Negative factors
- 1.8 g/t silver is below the weak threshold (30 g/t) on the default band.
- Scored from rubric bands during table expansion, not from document context.
Evidence · table
“1.8”
Context: Incl
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The upcoming addition of a maiden MRE for La Verde, and now confirmation of a much larger discovery than first recognise"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.