# 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--f1414e53-329c-4940-b2e0-0974542031d5 Original source: https://www.canadianminingjournal.com/news/hot-chili-drills-shallow-copper-gold-at-chile-discovery/ Publisher: canadianminingjournal Original announcement: 2026-10-09T16:54:42.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-09T20:33:44.927Z Atlas analysis updated: 2026-10-09T20:33:44.927Z - Company: Hot Chili - Ticker: HCH - Exchange: Unavailable - Region: Chile - Primary commodity: Copper - Secondary commodities: Gold, Silver, Molybdenum - Document categories: Drill results, Other - Extracted: 2026-10-09 20:33:45 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. These results are intended to support a potential satellite feed for the nearby Costa Fuego project, which has a robust pre-feasibility study. Reasoning: New drill intercepts extend known mineralization at La Verde, which could provide high-grade satellite feed to the Costa Fuego project, enhancing its existing PFS economics. - Positive factor: Extension of shallow mineralization - Positive factor: Potential satellite feed for Costa Fuego project - Positive factor: Strong economic indicators for Costa Fuego PFS Facts used in scoring: 12 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: New drilling has extended shallow copper-gold mineralization at La Verde. Evidence · text > has extended shallow copper-gold mineralization at its La Verde ## 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP075:24-212 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: This is a restatement of 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 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP075:24-212 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: This is a restatement of 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 **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP075:304-333 #### 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. - Positive factor: New intersection reported Evidence · text > intersected 29 metres grading 0.39% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP075:304-333 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: New intercept reported at depth. - Positive factor: New intersection reported Evidence · text > 0.15 gram gold from 304 metres to the end of the hole #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP067:42-154 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: Strong intercept reported. - Positive factor: Significant width and grade Evidence · text > DKP067, which cut 112 metres grading 0.40% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP067:42-154 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: Strong intercept reported. - Positive factor: Significant width and grade Evidence · text > 0.10 gram gold from 42 metres downhole #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP067:62-88 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: High grade sub-interval within a larger intercept. - Positive factor: Higher grade sub-interval Evidence · text > including 26 metres of 0.59% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP067:62-88 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: High grade sub-interval within a larger intercept. - Positive factor: Higher grade sub-interval Evidence · text > 0.14 gram gold from 62 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP078:36-276 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: Significant width reported. - Positive factor: Very wide intercept Evidence · text > DKP078, meanwhile, intersected 240 metres grading 0.30% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP078:36-276 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: Significant width reported. - Positive factor: Very wide intercept Evidence · text > 0.17 gram gold from 36 metres downhole #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP078:46-100 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: High grade sub-interval within a larger intercept. - Positive factor: Higher grade sub-interval Evidence · text > This included 54 metres grading 0.41% copper #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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--f1414e53-329c-4940-b2e0-0974542031d5#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 - Sample Type: drill - Group ID: DKP078:46-100 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-09T00:00:00.000Z Reasoning: High grade sub-interval within a larger intercept. - Positive factor: Higher grade sub-interval Evidence · text > 0.26 gram gold from 46 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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.