Second Porphyry Discovery Confirmed at La Verde

Original announcement by tmx on

Company
Hot Chili
Ticker
HCH
Exchange
TSX
Region
Chile's coastal Atacama region
Primary commodity
Copper
Secondary commodities
Gold, Silver, Molybdenum
Document categories
Drill results
Extracted
2026-10-21 10:19:55 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Hot Chili has confirmed a second porphyry discovery, La Verde South, at its La Verde project in Chile, significantly expanding the project's growth potential. Step-out drill hole DKP084 returned 148 meters grading 0.44% CuEq (0.39% Cu, 0.07 g/t Au) from 36 meters, including a higher-grade zone. A second hole, DKD100, visually confirmed 307 meters of copper porphyry-style mineralization, with assay results pending.

Reasoning: Hot Chili has confirmed a second porphyry center at La Verde South with broad, strong copper intercepts from step-out drilling, significantly expanding the project's potential. While one hole's results are visual estimates, the overall discovery is highly material and novel, backed by robust reporting standards.

Positive factors

  • Second porphyry discovery confirmed, significantly expanding the project's potential
  • Broad, strong copper intercepts in step-out drilling (DKP084)
  • Visual confirmation of significant oxide and sulphide mineralization in DKD100, extending the discovery further south
  • QP/CP sign-off and JORC/NI 43-101 compliance for reporting
  • Clear disclosure of metal equivalent calculation and assumptions
  • Project is already a top-five independent copper development by scale

Negative factors

  • DKD100 results are visual estimates only; assays are pending, reducing confidence in that specific hole's economic potential until lab results are available
  • No true width reported for the intercepts

Facts used in scoring: 18

Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

Drill Results (18)

DKP084La Verde South · copperGrade: 0.44Grade Unit: %Intercept: 148 mView all details
Link to this fact

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

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
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 intercept confirms a new porphyry discovery with strong copper equivalent grades, indicating significant potential for expansion.

Positive factors

  • Broad intercept length
  • Strong grade for porphyry copper
  • Successful step-out drilling confirming new discovery
  • Metal equivalent assumptions disclosed

Negative factors

  • Apparent width only

Evidence · table

“0.44”

Context: 148

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · copperGrade: 0.39Grade Unit: %Intercept: 148 mView all details
Link to this fact

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

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
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 intercept of 0.39% Cu over 148m is a strong result for a porphyry copper deposit, contributing to the confirmation of a new discovery.

Positive factors

  • Broad intercept length
  • Strong grade for porphyry copper
  • Successful step-out drilling confirming new discovery

Negative factors

  • Apparent width only

Evidence · table

“0.39”

Context: 148

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · goldGrade: 0.07Grade Unit: g/tIntercept: 148 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The gold grade of 0.07 g/t over 148m is below the weak threshold for porphyry gold, but contributes to the overall polymetallic nature of the discovery.

Positive factors

  • Broad intercept length
  • Successful step-out drilling confirming new discovery

Negative factors

  • Low gold grade for porphyry
  • Apparent width only

Evidence · table

“0.07”

Context: 148

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · silverGrade: 1Grade Unit: ppm AgIntercept: 148 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The silver grade of 1.0 ppm over 148m is a positive byproduct credit and contributes to the overall polymetallic nature of the discovery.

Positive factors

  • Broad intercept length
  • Silver grade above project average
  • Successful step-out drilling confirming new discovery

Negative factors

  • Apparent width only

Evidence · table

“1.0”

Context: 148

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · molybdenumGrade: 8Grade Unit: ppm MoIntercept: 148 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The molybdenum grade of 8 ppm over 148m is low compared to the project average, but is a minor component of the polymetallic mineralization.

Positive factors

  • Broad intercept length
  • Successful step-out drilling confirming new discovery

Negative factors

  • Low molybdenum grade
  • Apparent width only

Evidence · table

“8”

Context: 148

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · copperGrade: 0.56Grade Unit: %Intercept: 44 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade included intercept further strengthens the positive results from the new porphyry discovery at La Verde South.

Positive factors

  • High grade for porphyry copper
  • Successful step-out drilling confirming new discovery
  • Metal equivalent assumptions disclosed

Negative factors

  • Apparent width only

Evidence · table

“0.56”

Context: 44

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · copperGrade: 0.5Grade Unit: %Intercept: 44 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This high-grade included intercept of 0.50% Cu over 44m is a strong result for a porphyry copper deposit, further confirming the new discovery.

Positive factors

  • High grade for porphyry copper
  • Successful step-out drilling confirming new discovery

Negative factors

  • Apparent width only

Evidence · table

“0.50”

Context: 44

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · goldGrade: 0.06Grade Unit: g/tIntercept: 44 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The gold grade of 0.06 g/t over 44m is below the weak threshold for porphyry gold, but is part of a higher-grade copper equivalent zone.

Positive factors

  • Successful step-out drilling confirming new discovery

Negative factors

  • Low gold grade for porphyry
  • Apparent width only

Evidence · table

“0.06”

Context: 44

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · silverGrade: 1.8Grade Unit: ppm AgIntercept: 44 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The silver grade of 1.8 ppm over 44m is a strong byproduct credit, well above the project average, and contributes positively to the new discovery.

Positive factors

  • Silver grade significantly above project average
  • Successful step-out drilling confirming new discovery

Negative factors

  • Apparent width only

Evidence · table

“1.8”

Context: 44

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · molybdenumGrade: 8Grade Unit: ppm MoIntercept: 44 mView all details
Link to this fact

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

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
Max Dilution
30 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: The molybdenum grade of 8 ppm over 44m is low compared to the project average, but is a minor component of the polymetallic mineralization within a higher-grade copper equivalent zone.

Positive factors

  • Successful step-out drilling confirming new discovery

Negative factors

  • Low molybdenum grade
  • Apparent width only

Evidence · table

“8”

Context: 44

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: The drill hole DKP084 is described as a 'First step-out Reverse Circulation (RC) drill hole' located approximately 250 m to the south of existing mineralization, confirming a new porphyry center.

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: 148 m grading 0.44% CuEq 1 (0.39% Cu, 0.07 g/t Au) from 36 m”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP024La Verde South · copperGrade: 0.4Grade Unit: %Intercept: 114 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DKP024
Project
La Verde South
Commodity
copper
Region
chile
Reported Region
chile
Ticker
HCH

Geometry

Grade
0.4
Grade Unit
%
Intercept
114 m
From
86 m
To
200 m
Intercept Depth
86 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
DKP024:86-200
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.4
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
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-05-19T00:00:00.000Z

Dates

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

Reasoning: This historical broad intercept of 0.4% CuEq over 114m is a strong result for a porphyry copper deposit, providing context for the current step-out drilling.

Positive factors

  • Broad intercept length
  • Strong grade for porphyry copper
  • Metal equivalent assumptions disclosed

Negative factors

  • Apparent width only
  • Stale data re-release

Evidence · text

“DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for DKP024 are explicitly stated as 'previously reported' and refer to an announcement dated 19 May 2025.

Evidence · text

“previously reported RC drill hole DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025)”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP024La Verde South · copperGrade: 0.4Grade Unit: %Intercept: 114 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DKP024
Project
La Verde South
Commodity
copper
Region
chile
Reported Region
chile
Ticker
HCH

Geometry

Grade
0.4
Grade Unit
%
Intercept
114 m
From
86 m
To
200 m
Intercept Depth
86 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
DKP024:86-200
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.4
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
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-05-19T00:00:00.000Z

Dates

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

Reasoning: This historical broad intercept of 0.4% Cu over 114m is a strong result for a porphyry copper deposit, providing context for the current step-out drilling.

Positive factors

  • Broad intercept length
  • Strong grade for porphyry copper

Negative factors

  • Apparent width only
  • Stale data re-release

Evidence · text

“DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for DKP024 are explicitly stated as 'previously reported' and refer to an announcement dated 19 May 2025.

Evidence · text

“previously reported RC drill hole DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025)”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP024La Verde South · copperGrade: 0.5Grade Unit: %Intercept: 52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DKP024
Project
La Verde South
Commodity
copper
Region
chile
Reported Region
chile
Ticker
HCH

Geometry

Grade
0.5
Grade Unit
%
Intercept
52 m
From
96 m
To
148 m
Intercept Depth
86 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
DKP024:96-148
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.5
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
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-05-19T00:00:00.000Z

Dates

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

Reasoning: This historical high-grade included intercept of 0.5% CuEq over 52m is a strong result for a porphyry copper deposit, providing context for the current step-out drilling.

Positive factors

  • High grade for porphyry copper
  • Metal equivalent assumptions disclosed

Negative factors

  • Apparent width only
  • Stale data re-release

Evidence · text

“including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for DKP024 are explicitly stated as 'previously reported' and refer to an announcement dated 19 May 2025.

Evidence · text

“previously reported RC drill hole DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025)”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP024La Verde South · copperGrade: 0.5Grade Unit: %Intercept: 52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DKP024
Project
La Verde South
Commodity
copper
Region
chile
Reported Region
chile
Ticker
HCH

Geometry

Grade
0.5
Grade Unit
%
Intercept
52 m
From
96 m
To
148 m
Intercept Depth
86 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
DKP024:96-148
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.5
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
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-05-19T00:00:00.000Z

Dates

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

Reasoning: This historical high-grade included intercept of 0.5% Cu over 52m is a strong result for a porphyry copper deposit, providing context for the current step-out drilling.

Positive factors

  • High grade for porphyry copper

Negative factors

  • Apparent width only
  • Stale data re-release

Evidence · text

“including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for DKP024 are explicitly stated as 'previously reported' and refer to an announcement dated 19 May 2025.

Evidence · text

“previously reported RC drill hole DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025)”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP024La Verde South · goldGrade: 0.1Grade Unit: g/tIntercept: 52 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DKP024
Project
La Verde South
Commodity
gold
Region
chile
Reported Region
chile
Ticker
HCH

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
52 m
From
96 m
To
148 m
Intercept Depth
86 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
DKP024:96-148
Mining Method
open_pit

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Metal Eq. Grade
0.5
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
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2025-05-19T00:00:00.000Z

Dates

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

Reasoning: This historical gold grade of 0.1 g/t over 52m is below the weak threshold for porphyry gold, but is part of a higher-grade copper equivalent zone.

Negative factors

  • Low gold grade for porphyry
  • Apparent width only
  • Stale data re-release

Evidence · text

“including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m”

Tags used in scoring

No QA/QC Disclosurenegative

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

Nearology Playneutral

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"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Stale Data Re-releaseRejected · negative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for DKP024 are explicitly stated as 'previously reported' and refer to an announcement dated 19 May 2025.

Evidence · text

“previously reported RC drill hole DKP024, which recorded 114 m grading 0.4% CuEq (0.4% Cu) from 86 m, including 52 m grading 0.5% CuEq (0.5% Cu, 0.1 g/t Au) from 96 m (see announcement dated 19 May 2025)”

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: The release states that assay results will be reported in accordance with JORC Code (2012) and NI 43-101, and sampling methodologies are described in 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 TransparentRejected · positive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Reason: The notes to Table 1 explicitly state the nominal cut-off grade of 0.20% Cu and mention that reported intersections may include internal dilution up to 30m.

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.”
DKP084La Verde South · copperGrade: 0.39Grade Unit: %Intercept: 148 mView all details
Link to this fact

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

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 factors

  • 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 Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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"

DKP084La Verde South · goldGrade: 0.07Grade Unit: g/tIntercept: 148 mView all details
Link to this fact

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

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 factors

  • 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 Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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"

DKP084La Verde South · silverGrade: 1Grade Unit: ppm agIntercept: 148 mView all details
Link to this fact

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

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 factors

  • 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 Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

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.