# HCH: Second Porphyry Discovery Confirmed at La Verde

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03153718

Publisher: asx

Original announcement: 2026-10-18T21:08:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-18T22:15:38.680Z

Atlas analysis updated: 2026-10-18T22:15:38.680Z

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: New porphyry discovery \(La Verde South\)

- Positive factor: Significant step-out drilling success

- Positive factor: Broad, shallow, higher-grade mineralization

- Positive factor: Potential to be of similar scale to the main La Verde discovery

- Positive factor: Maiden MRE and PFS remain on track

- Positive factor: JORC and NI 43-101 compliant reporting

- Negative factor: DKD100 results are visual estimates, not assays

- Negative factor: Assays pending for 25 drill holes

- Negative factor: CuEq formula uses Cortadera as a proxy, not La Verde specific recoveries

- Negative factor: Historical drilling data is incomplete and unverifiable

Facts used in scoring: 10

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Transparent**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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-release**

Polarity: negative

Definition: 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)

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-0)

La Verde South · copper

#### 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 factor: Step-Out Extension

- Positive factor: Continuous Width

- Positive factor: High Grade \(Porphyry\)

- Positive factor: QA/QC Disclosed

- Positive factor: Compositing Transparent

- Positive factor: Metal Equivalent Assumptions Disclosed

- Negative factor: Apparent Width Only

- Negative factor: CuEq based on proxy recoveries

Evidence · table

> 0.44

Context: 148

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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"

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-1)

La Verde South · copper

#### 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 factor: Step-Out Extension

- Positive factor: High Grade \(Porphyry\)

- Positive factor: QA/QC Disclosed

- Positive factor: Compositing Transparent

- Positive factor: Metal Equivalent Assumptions Disclosed

- Negative factor: Apparent Width Only

- Negative factor: CuEq based on proxy recoveries

Evidence · table

> 0.56

Context: 44

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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 Play**

Polarity: neutral

Definition: 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"

### DKP024

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-2)

La Verde South · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: QA/QC Disclosed

- Positive factor: Compositing Transparent

- Positive factor: Metal Equivalent Assumptions Disclosed

- Negative factor: Stale Data Re-release

- Negative factor: Apparent Width Only

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: 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"

### DKP024

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-3)

La Verde South · copper

Historical result

Needs review: historical\_restatement

#### 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 factor: QA/QC Disclosed

- Positive factor: Compositing Transparent

- Positive factor: Metal Equivalent Assumptions Disclosed

- Negative factor: Stale Data Re-release

- Negative factor: Apparent Width Only

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: 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-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

**Nearology Play**

Polarity: neutral

Definition: 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"

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-4)

La Verde South · copper

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.39

Context: DKP084

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-5)

La Verde South · gold

#### 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 factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.07

Context: DKP084

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-6)

La Verde South · silver

#### 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 factor: 1 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.0

Context: DKP084

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### Incl

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-7)

La Verde South · copper

#### 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 factor: 0.5 % copper is strong on the porphyry deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.50

Context: Incl

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### Incl

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-8)

La Verde South · gold

#### 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 factor: 0.06 g/t gold is below the weak threshold \(0.15 g/t\) on the porphyry deposit band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.06

Context: Incl

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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"

### Incl

[Link to this fact](https://atlas-staging.minestarters.com/news/hch-second-porphyry-discovery-confirmed-at-la-verde--7be61db8-b2fd-4fb8-96f1-60ecb30c1298#fact-drill-facts-9)

La Verde South · silver

#### 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 factor: 1.8 g/t silver is below the weak threshold \(30 g/t\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 1.8

Context: Incl

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: 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.