# Second Porphyry Discovery Confirmed at La Verde Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4 Original source: https://money.tmx.com/en/quote/HCH/news/8745730685552307/second-porphyry-discovery-confirmed-at-la-verde Publisher: tmx Original announcement: 2026-10-19T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-21T10:19:09.862Z Atlas analysis updated: 2026-10-21T10:19:09.862Z - Company: Hot Chili Limited - Ticker: HCH - Exchange: TSX - Region: Chile - Primary commodity: Copper - Secondary commodities: Gold, Silver, Molybdenum - Document categories: Drill results - Extracted: 2026-10-21 10:19:10 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Hot Chili Limited has confirmed a second porphyry discovery, La Verde South, at its La Verde copper-gold project in Chile, significantly expanding the project's growth potential. First step-out drilling intersected 148 meters grading 0.44% CuEq \(0.39% Cu, 0.07 g/t Au\) from 36 meters, including a higher-grade sub-interval of 44 meters at 0.56% CuEq. Visual observations from a second drill hole, DKD100, also indicate a wide zone of porphyry-style mineralization, with assay results pending. Reasoning: Hot Chili has confirmed a second porphyry discovery at La Verde South through successful step-out drilling, intersecting broad, shallow copper-gold mineralization. This significantly expands the project's growth potential, although some individual metal grades are below the project average for La Verde. - Positive factor: second\_porphyry\_discovery - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Positive factor: high\_grade\_sub\_interval - Positive factor: qa\_qc\_disclosed - Positive factor: compositing\_transparent - Positive factor: qp\_signed - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average\_copper - Negative factor: grade\_below\_project\_average\_gold - Negative factor: grade\_below\_project\_average\_molybdenum - Negative factor: porphyry\_grade\_weak\_gold - Negative factor: porphyry\_grade\_weak\_silver Low confidence — this extraction should be reviewed alongside the original source. - Rubric flag: True-width red-flag tolerances: porphyry.copper: 20m — Apparent width of 148m \(DKP084\) exceeds the 20m threshold for porphyry copper without true width disclosure. Facts used in scoring: 13 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: First step-out Reverse Circulation \(RC\) drill hole DKP084, located approximately 250 m to the south of La Verde's +0.4% Cu mineralisation footprint, has delivered significant results. Evidence · text > First step-out Reverse Circulation \(RC\) drill hole DKP084 , located approximately 250 m to the south of La Verde's +0.4% Cu mineralisation footprint, has delivered **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 Christian Easterday is named as a Qualified Person and Competent Person. 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. ... Christian Easterday, MAIG, Hot Chili's Managing Director and a qualified person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects . ... Competent Person – JORC The information in this announcement that relates to Exploration Results and Exploration Targets for the La Verde project is based upon information compiled by Mr Christian Easterday, the Managing Director and a full-time employee of Hot Chili Limited, who is a Member of the Australasian Institute of Geoscientists \(AIG\). **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: The notes to Table 1 state that significant intercepts are reported above a nominal cut-off grade of 0.20% Cu and may include internal dilution, with the overall weighted average grade remaining above the cut-off. 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 reported intervals are downhole lengths, and no true width is stated for the intercepts. Evidence · text > Interval \(m\) ## 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Metal Eq. Grade: 0.44 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This broad, shallow copper equivalent intercept confirms a new porphyry discovery, representing a significant step-out success for the project. - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Positive factor: porphyry\_grade\_moderate - Negative factor: apparent\_width\_only 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This broad copper intercept, while slightly below the project average, is a moderate grade for a porphyry deposit and confirms a new discovery. - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Positive factor: porphyry\_grade\_moderate - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This gold intercept is weak for a porphyry deposit and below the project average, but contributes to the overall polymetallic nature of the new discovery. - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average - Negative factor: porphyry\_grade\_weak 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This silver intercept is above the project average but weak for a porphyry deposit, contributing to the polymetallic nature of the new discovery. - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Positive factor: grade\_above\_project\_average - Negative factor: apparent\_width\_only - Negative factor: porphyry\_grade\_weak 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This molybdenum intercept is below the project average and contributes to the polymetallic nature of the new discovery. - Positive factor: step\_out\_extension - Positive factor: broad\_intercept - Positive factor: shallow\_mineralization - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Metal Eq. Grade: 0.56 - Metal Eq. Unit: % CuEq - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This higher-grade copper equivalent sub-interval within the broader intercept further confirms the significance of the new porphyry discovery. - Positive factor: step\_out\_extension - Positive factor: high\_grade\_sub\_interval - Positive factor: shallow\_mineralization - Positive factor: porphyry\_grade\_strong - Negative factor: apparent\_width\_only 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This higher-grade copper sub-interval is a moderate grade for a porphyry deposit and enhances the overall significance of the new discovery. - Positive factor: step\_out\_extension - Positive factor: high\_grade\_sub\_interval - Positive factor: shallow\_mineralization - Positive factor: porphyry\_grade\_moderate - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This gold sub-interval is weak for a porphyry deposit and below the project average, but is part of the polymetallic mineralization. - Positive factor: step\_out\_extension - Positive factor: shallow\_mineralization - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average - Negative factor: porphyry\_grade\_weak 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This silver sub-interval is above the project average but weak for a porphyry deposit, contributing to the polymetallic nature of the new discovery. - Positive factor: step\_out\_extension - Positive factor: shallow\_mineralization - Positive factor: grade\_above\_project\_average - Negative factor: apparent\_width\_only - Negative factor: porphyry\_grade\_weak 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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 - 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 #### Metal Equivalent - Assumptions Disclosed: Yes #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: % Cu - Dilution Disclosed: Yes - Max Dilution: 30 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: This molybdenum sub-interval is below the project average and contributes to the polymetallic nature of the new discovery. - Positive factor: step\_out\_extension - Positive factor: shallow\_mineralization - Negative factor: apparent\_width\_only - Negative factor: grade\_below\_project\_average 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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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/second-porphyry-discovery-confirmed-at-la-verde--84184a71-cae1-4412-88de-1573f1269eb4#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.