# Hot Chili: Second Porphyry Discovery Confirmed at La Verde

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6

Original source: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3087-tsx-venture/hch/213081-second-porphyry-discovery-confirmed-at-la-verde.html

Publisher: jmn

Original announcement: 2026-10-19T21:41:50.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-19T12:27:58.271Z

Atlas analysis updated: 2026-10-19T12:27:58.271Z

- Company: Hot Chili

- Ticker: HCH

- Exchange: TSXV

- Region: Chile

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Molybdenum

- Document categories: Drill results

- Extracted: 2026-10-19 12:27:58 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Hot Chili has confirmed the discovery of a second porphyry center, La Verde South, significantly expanding the growth potential of its La Verde copper-gold project in Chile. Step-out drill hole DKP084 returned 148 m grading 0.44% CuEq, including 44 m at 0.56% CuEq. A second hole, DKD100, visually identified 307 m of copper porphyry-style mineralization, with assays pending.

Reasoning: Hot Chili has confirmed a second porphyry center, La Verde South, through step-out drilling, with DKP084 delivering strong copper equivalent grades over significant widths and DKD100 showing broad visual mineralization. This discovery near-doubles the growth potential of the La Verde project, representing a highly material and novel development, despite the visual nature of some results and lack of true width disclosure.

- Positive factor: Second porphyry discovery confirmed at La Verde South, significantly expanding project potential.

- Positive factor: Significant step-out extension with broad mineralization.

- Positive factor: Strong copper equivalent grades in DKP084, with the included interval exceeding prior average grades for La Verde South.

- Positive factor: Broad visual porphyry-style mineralization observed in DKD100, indicating further potential.

- Positive factor: Project located in a known copper-gold region.

- Positive factor: QP/CP sign-off and JORC/NI 43-101 compliant reporting.

- Negative factor: DKD100 results are visual estimates only, with assays pending.

- Negative factor: No true width reported for the intercepts, which may overstate actual thickness.

- Negative factor: Metal equivalent assumptions use a proxy \(Cortadera\) for recoveries, though stated as reasonable.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 13

## 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, located approximately 250 m to the south of La Verde's +0.4% Cu mineralisation footprint.

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: Assay results will be reported in accordance with the JORC Code \(2012\) and National Instrument 43-101, and sampling methodologies are described in the attached JORC Table 1.

Evidence · text

> Assay results are pending and will be reported in accordance with the JORC Code \(2012\) and National Instrument 43-101 – Standards of Disclosure for Mineral Projects. 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: Significant intercepts are reported above a nominal cut-off grade of 0.20% Cu and may include internal dilution \(intervals below 0.20% Cu\), including zones exceeding 30 m downhole width, where the overall weighted average grade remains above the cut-off grade.

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 reports intercept lengths as downhole widths without stating true widths or drill orientation relative to mineralization.

Evidence · text

> 148 m grading 0.44% CuEq

**Metal Equivalent Opaque**

Polarity: negative

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

Why it applies: The recovery and copper equivalent formula for La Verde uses Cortadera as a proxy, which is considered reasonable given both the similar mineralisation style and amenability testwork completed thus far at La Verde – Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.

Evidence · text

> The recovery and copper equivalent formula for La Verde uses Cortadera as a proxy, which is considered reasonable given both the similar mineralisation style and amenability testwork completed thus far at La Verde – Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.

**Cut-off Disclosed**

Polarity: positive

Story-specific tag

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: Significant intercepts for La Verde are reported above a nominal cut-off grade of 0.20% Cu.

Evidence · text

> Significant intercepts for La Verde are reported above a nominal cut-off grade of 0.20% Cu.

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Drill Results (13)

### DKP084

[Link to this fact](https://atlas-staging.minestarters.com/news/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### 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

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This intercept confirms a new porphyry center with a significant width and good copper equivalent grade, contributing to the overall expansion of the project's potential.

- Positive factor: Significant intercept length for a step-out hole confirming a new porphyry center.

- Positive factor: Grade is strong for a porphyry deposit, especially considering the width.

- Positive factor: Contributes to the discovery of a new mineralized zone.

- Negative factor: Grade is slightly below the project's average for copper equivalent.

- Negative factor: No true width reported for the intercept.

Evidence · table

> 0.44

Context: 148

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#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: 0.39
- 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This copper intercept is of significant length and contributes to the new discovery, though the grade is moderate compared to the project average.

- Positive factor: Significant intercept length for a step-out hole confirming a new porphyry center.

- Positive factor: Grade is moderate for a porphyry deposit.

- Negative factor: Grade is below the project's average for copper.

- Negative factor: No true width reported for the intercept.

Evidence · table

> 0.39

Context: 148

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-2)

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
- Program: exploration
- Sample Type: drill
- Group ID: DKP084:36-184
- Mining Method: open\_pit

#### Location

- Location: La Verde South
- Easting: 324417
- Northing: 6785322
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The gold grade, while low as a primary target, is a positive byproduct credit within the significant copper porphyry intercept and is above the project's average for La Verde South.

- Positive factor: Gold grade is slightly above the project's average for La Verde South.

- Positive factor: Significant intercept length.

- Negative factor: Gold grade is relatively low for a primary gold target, but good as a byproduct in a porphyry.

Evidence · table

> 0.07

Context: 148

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-3)

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: ppm Ag
- 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The silver grade contributes as a byproduct credit, though it is below the project's average for La Verde South.

- Positive factor: Silver provides an additional byproduct credit within the significant copper porphyry intercept.

- Negative factor: Silver grade is below the project's average for La Verde South.

Evidence · table

> 1.0

Context: 148

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-4)

La Verde South · molybdenum

#### Identity

- Hole ID: DKP084
- Project: La Verde South
- Commodity: molybdenum
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 8
- Grade Unit: ppm Mo
- 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The molybdenum grade contributes as a byproduct credit within the copper porphyry intercept.

- Positive factor: Molybdenum provides an additional byproduct credit within the significant copper porphyry intercept.

Evidence · table

> 8

Context: 148

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-5)

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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### 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

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This high-grade included interval significantly enhances the overall intercept, demonstrating strong mineralization within the newly discovered porphyry center.

- Positive factor: High-grade included interval, exceeding the project's average for copper equivalent.

- Positive factor: Confirms strong mineralization within the new porphyry center.

- Negative factor: No true width reported for the intercept.

Evidence · table

> 0.56

Context: 44

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-6)

La Verde South · copper

#### Identity

- Hole ID: DKP084
- 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: 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: This included copper intercept shows strong grade, exceeding the project's average for La Verde South, and reinforces the significance of the new discovery.

- Positive factor: Copper grade is above the project's average for La Verde South.

- Positive factor: Confirms strong copper mineralization within the new porphyry center.

- Negative factor: No true width reported for the intercept.

Evidence · table

> 0.50

Context: 44

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-7)

La Verde South · gold

#### Identity

- Hole ID: DKP084
- 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: 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The gold grade, while a byproduct, is slightly below the project's average for La Verde South within this high-grade copper interval.

- Positive factor: Gold provides an additional byproduct credit within the high-grade copper intercept.

- Negative factor: Gold grade is slightly below the project's average for La Verde South.

Evidence · table

> 0.06

Context: 44

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-8)

La Verde South · silver

#### Identity

- Hole ID: DKP084
- Project: La Verde South
- Commodity: silver
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 1.8
- Grade Unit: ppm Ag
- 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The silver grade in this included interval is above the project's average for La Verde South, adding a positive byproduct credit.

- Positive factor: Silver grade is above the project's average for La Verde South, providing a good byproduct credit.

Evidence · table

> 1.8

Context: 44

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-9)

La Verde South · molybdenum

#### Identity

- Hole ID: DKP084
- Project: La Verde South
- Commodity: molybdenum
- Region: chile
- Reported Region: chile
- Ticker: HCH

#### Geometry

- Grade: 8
- Grade Unit: ppm Mo
- 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
- Elevation: 1186 m
- Azimuth: 75 °
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.2
- Cutoff Unit: % Cu
- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: The molybdenum grade contributes as a byproduct credit within the copper porphyry intercept.

- Positive factor: Molybdenum provides an additional byproduct credit within the copper porphyry intercept.

Evidence · table

> 8

Context: 44

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-10)

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
- Hole Depth: 366 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Easting: 324417
- Northing: 6785322
- Elevation: 1186 m
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.44
- Metal Eq. Unit: % cueq Cu-Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Expanded from assay table: 0.39 % cu copper, reported in a unit the rubric does not cover \(%\).

- Negative factor: Grade unit % cu does not match the copper rubric unit %; not scored.

Evidence · table

> 0.39

Context: DKP084

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-11)

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
- Hole Depth: 366 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Easting: 324417
- Northing: 6785322
- Elevation: 1186 m
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.44
- Metal Eq. Unit: % cueq Cu-Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Expanded from assay table: 0.07 g/t au gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit g/t au does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.07

Context: DKP084

#### 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

**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/hot-chili-second-porphyry-discovery-confirmed-at-la-verde--f805d6be-ea67-4124-933f-23ec426012e6#fact-drill-facts-12)

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: ppm ag
- Intercept: 148 m
- Hole Depth: 366 m

#### Classification

- Deposit Type: porphyry
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Easting: 324417
- Northing: 6785322
- Elevation: 1186 m
- Dip: -62 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Metal Equivalent

- Metal Eq. Grade: 0.44
- Metal Eq. Unit: % cueq Cu-Eq
- Assumptions Disclosed: Yes

#### Compositing

- Dilution Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Expanded from assay table: 1 ppm ag silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm ag does not match the silver rubric unit g/t; not scored.

Evidence · table

> 1.0

Context: DKP084

#### 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

**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.
