# Hot Chili keeps fresh copper-gold results flowing at La Verde ahead of maiden resource

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e

Original source: https://stockhead.com.au/resources/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-resource/

Publisher: stockhead

Original announcement: 2026-10-08T00:51:41.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-08T01:03:26.739Z

Atlas analysis updated: 2026-10-08T01:03:26.739Z

- Company: Hot Chili

- Ticker: HCH

- Exchange: Unavailable

- Region: Chile

- Primary commodity: Copper

- Secondary commodities: Gold

- Document categories: Drill results, Other

- Extracted: 2026-10-08 01:03:27 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Hot Chili has reported new broad, shallow copper-gold drill results at its La Verde porphyry discovery in Chile. These results reinforce mineralisation continuity and could potentially provide early open-pit feed for the Costa Fuego project.

Reasoning: The results show consistent copper-gold mineralization at shallow depths, supporting the upcoming maiden resource estimate and potential open-pit mining.

- Positive factor: broad shallow copper-gold intersections

- Positive factor: mineralisation continuity confirmed

- Positive factor: potential for early open-pit feed

- Negative factor: 25 drillhole assays still pending

Facts used in scoring: 10

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The results extend previously reported intervals, confirming mineralisation continues farther downhole.

Evidence · text

> Final assays extended a previously reported 132m interval from the same hole, confirming that mineralisation continues farther downhole.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The text describes the results as reinforcing mineralisation and supporting geological interpretation, typical of infill/continuity work.

Evidence · text

> adding to evidence of mineralisation continuity

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (10)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-0)

La Verde · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 0.56
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: 188m intercept at 0.44% Cu is a significant width for a porphyry discovery.

- Positive factor: broad intersection

- Positive factor: shallow depth

Evidence · text

> 188m at 0.56% copper equivalent \(CuEq\), comprising 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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-1)

La Verde · gold

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Gold grade is a secondary component of the CuEq intercept.

Evidence · text

> 0.16g/t gold, from just 24m depth

#### 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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-2)

La Verde · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 0.43
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: 240m width is highly significant for continuity.

- Positive factor: very broad intersection

Evidence · text

> 240m at 0.43% CuEq \(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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-3)

La Verde · gold

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Gold grade is a secondary component.

Evidence · text

> 0.17g/t gold\) from 36m

#### 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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-4)

La Verde · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 0.6
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Stronger grade within the larger 240m intercept.

- Positive factor: higher grade sub-interval

Evidence · text

> including 54m at 0.60% CuEq \(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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-5)

La Verde · gold

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Higher grade gold within the sub-interval.

- Positive factor: higher grade sub-interval

Evidence · text

> 0.26g/t gold\) from 46m

#### 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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-6)

La Verde · copper

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 0.47
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Partial result on the eastern flank.

Evidence · text

> 112m at 0.47% CuEq \(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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-7)

La Verde · gold

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Secondary gold component.

Evidence · text

> 0.10g/t gold\) from 42m

#### 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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-8)

La Verde · copper

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 0.7
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Stronger grade sub-interval on the eastern flank.

- Positive factor: higher grade sub-interval

Evidence · text

> 26m at 0.70% CuEq \(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

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-keeps-fresh-copper-gold-results-flowing-at-la-verde-ahead-of-maiden-re--206d4fe1-6de5-4608-aeb1-5c5dff23e62e#fact-drill-facts-9)

La Verde · gold

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- 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

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

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-10-08T00:00:00.000Z

Reasoning: Secondary gold component.

Evidence · text

> 0.14g/t gold\) from 62m

#### 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: "Hot Chili \(ASX:HCH\) has now completed more than 35,000m of reverse circulation and diamond drilling at La Verde, 30km so"

## 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.
