# Hot Chili drills shallow copper, gold at Chile discovery

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45

Original source: https://www.mining.com/hot-chili-drills-shallow-copper-gold-at-chile-discovery/

Publisher: miningcom

Original announcement: 2026-10-09T15:19:49.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-11T20:19:49.461Z

Atlas analysis updated: 2026-10-11T20:19:49.461Z

- Company: Hot Chili

- Ticker: HCH

- Exchange: Unavailable

- Region: Chile

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-10-11 20:19:50 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Hot Chili has reported new drill results from its La Verde porphyry discovery in Chile, extending shallow copper-gold mineralization. The results suggest the potential for La Verde to serve as a high-grade satellite feed for the nearby Costa Fuego project.

Reasoning: New drill intercepts extend known mineralization at La Verde and suggest potential for low-strip-ratio open-pit mining to support the nearby Costa Fuego project.

- Positive factor: extension of shallow mineralization

- Positive factor: potential satellite feed for Costa Fuego

- Positive factor: high-grade near-surface zone identified

Facts used in scoring: 12

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling has extended shallow copper-gold mineralization at La Verde.

Evidence · text

> has extended shallow copper-gold mineralization at its La Verde porphyry discovery

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### DKP075

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-0)

La Verde · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: DKP075
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.44
- Grade Unit: %
- Intercept: 188 m
- From: 24 m
- To: 212 m
- Intercept Depth: 24 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP075:24-212
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Lengthens a previously reported partial intersection.

- Positive factor: lengthens previously reported intersection

Evidence · text

> Hole DKP075 lengthens a previously reported partial intersection to 188 metres grading 0.44% copper

#### 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

**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

### DKP075

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-1)

La Verde · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: DKP075
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 188 m
- From: 24 m
- To: 212 m
- Intercept Depth: 24 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP075:24-212
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Lengthens a previously reported partial intersection.

- Positive factor: lengthens previously reported intersection

Evidence · text

> 188 metres grading 0.44% copper and 0.16 gram gold per tonne

#### 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

**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

### DKP075

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-2)

La Verde · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: DKP075
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.39
- Grade Unit: %
- Intercept: 29 m
- From: 304 m
- To: 333 m
- Intercept Depth: 304 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP075:304-333
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: New intercept reported at depth.

Evidence · text

> intersected 29 metres grading 0.39% copper

#### 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

### DKP075

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-3)

La Verde · gold

#### Identity

- Hole ID: DKP075
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 29 m
- From: 304 m
- To: 333 m
- Intercept Depth: 304 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP075:304-333
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: New intercept reported at depth.

Evidence · text

> 0.15 gram gold from 304 metres to the end of the hole

#### 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

### DKP067

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-4)

La Verde · copper

#### Identity

- Hole ID: DKP067
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.4
- Grade Unit: %
- Intercept: 112 m
- From: 42 m
- To: 154 m
- Intercept Depth: 42 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP067:42-154
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Significant intercept reported.

Evidence · text

> hole DKP067, which cut 112 metres grading 0.40% copper

#### 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

### DKP067

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-5)

La Verde · gold

#### Identity

- Hole ID: DKP067
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 112 m
- From: 42 m
- To: 154 m
- Intercept Depth: 42 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP067:42-154
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Significant intercept reported.

Evidence · text

> 0.10 gram gold from 42 metres downhole

#### 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

### DKP067

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-6)

La Verde · copper

#### Identity

- Hole ID: DKP067
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.59
- Grade Unit: %
- Intercept: 26 m
- From: 62 m
- To: 88 m
- Intercept Depth: 62 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP067:62-88
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> including 26 metres of 0.59% copper

#### 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

### DKP067

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-7)

La Verde · gold

#### Identity

- Hole ID: DKP067
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 26 m
- From: 62 m
- To: 88 m
- Intercept Depth: 62 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP067:62-88
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> 0.14 gram gold from 62 metres

#### 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

### DKP078

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-8)

La Verde · copper

#### Identity

- Hole ID: DKP078
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 240 m
- From: 36 m
- To: 276 m
- Intercept Depth: 36 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP078:36-276
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Large width intercept reported.

Evidence · text

> intersected 240 metres grading 0.30% copper

#### 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

### DKP078

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-9)

La Verde · gold

#### Identity

- Hole ID: DKP078
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 240 m
- From: 36 m
- To: 276 m
- Intercept Depth: 36 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP078:36-276
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Large width intercept reported.

Evidence · text

> 0.17 gram gold from 36 metres downhole

#### 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

### DKP078

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-10)

La Verde · copper

#### Identity

- Hole ID: DKP078
- Project: La Verde
- Commodity: copper
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.41
- Grade Unit: %
- Intercept: 54 m
- From: 46 m
- To: 100 m
- Intercept Depth: 46 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP078:46-100
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> This included 54 metres grading 0.41% copper

#### 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

### DKP078

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery--1db3a389-3d0d-4cb1-bd3e-391b53839d45#fact-drill-facts-11)

La Verde · gold

#### Identity

- Hole ID: DKP078
- Project: La Verde
- Commodity: gold
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 54 m
- From: 46 m
- To: 100 m
- Intercept Depth: 46 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: DKP078:46-100
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-09T00:00:00.000Z

Reasoning: Stronger grade sub-interval within the main intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> 0.26 gram gold from 46 metres

#### 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

## 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.
