Deeper Drilling Continues to Drive Expansion of High-Grade Core Highlights Near-surface, higher-grade drill results continue at the La Verde copper-gold porphyry discovery, outlining a potential higher-grade starter pit for the Company's Costa Fuego copper-gold project, located in Chile's coastal range DKD036 recorded 150 m grading 0.52% CuEq2 from 30 m depth Including 38 m grading 0.70% CuEq from 117 m DKD035 recorded [...]
Hot Chili is pleased to announce that it has closed its previously announced placement of shares to institutional, professional, and other investors consisting of the issue of 24,242,425 new fully paid ordinary shares at an offer price of A$1.65 per Share for aggregate gross proceeds of approximately A$40 million. The Placement is intended to support Costa Fuego's position as one of the few globally significant copper [...]
A$40M private placement received strong demand from Australian, Canadian and overseas institutional investors, as well as the Company's three largest shareholders Upon completion of the capital raise, the Company will be well funded in 2026 to deliver strong growth and development milestones for the Costa Fuego copper-gold project. Accelerated drilling at the La Verde Cu-Au discovery to deliver an increase in the [...]
Hot Chili is pleased to announce it has engaged joint lead managers to undertake a capital raising by way of a placement of shares to institutional, professional, and other investors to raise up to approximately A$40.0 million. Proposed Placement The Company has appointed Veritas Securities, Cormark Securities and Desjardins Capital Markets as joint lead managers and BMO Capital Markets, as co-manager, to raise up to [...]
La Verde Diamond Drilling Rapidly Expands Gold-Rich Major Copper Discovery Drillhole results released during the quarter confirmed significant expansion of La Verde's high-grade core: DKD032 recorded 529 m grading 0.41% Cu and 0.21 g/t Au from 41m to end of hole, including 148 m grading 0.60% Cu and 0.30 g/t Au from 70 m depth DKD034 recorded 426 m grading 0.37% Cu and 0.08 g/t Au from 194 m depth, including 107 m grading [...]
Third diamond hole records 495m grading 0.38% Cu & 0.10g/t Au from 3m depth, including 123m grading 0.50% Cu & 0.13g/t Au Highlights Latest drill results further expand an emerging, bulk-tonnage, high-grade core at Hot Chili's La Verde copper-gold porphyry discovery DKD033, a diamond twin, recorded 495 m grading 0.38% Cu and 0.10 g/t Au from 3 m depth including 123 m grading 0.50% Cu and 0.13 g/t Au from 289 m depth [...]
Two diamond drill holes have visually recorded wide intersections of strong copper porphyry style mineralisation from near-surface- outlining a potentially significant up-dip expansion to La Verde's gold-rich, higher-grade core, results pending In addition, latest assay results from Phase two drilling at La Verde have expanded higher-grade copper and gold across the eastern flank of the discovery Diamond drillhole [...]
The Directors of Hot Chili advises that at the Annual General Meeting of shareholders held today, all resolutions were passed on a poll. In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, details of both the poll and valid proxy votes received, are shown on the following page. Authorised for release by the Company Secretary For more information please contact: Christian Easterday Managing [...]
First diamond drillhole DKD032 records 529 m grading 0.41% Cu and 0.21 g/t Au from 41m to end of hole including 148 m grading 0.60% Cu and 0.30 g/t Au from 70 m depth and including 66 m grading 0.45% Cu and 0.31 g/t Au from 295 m depth Twin diamond drillhole DKD032 significantly extends discovery drill result from DKP002, which previously recorded 308m grading 0.5% Cu and 0.3g/t Au from 46m depth to end of hole [...]
Hot Chili advises that the Annual General Meeting will be held on 27 Nov 2025 at 9:30am AWST and can be attended either in person or online in real-time. A live webcast of the AGM will be available to all shareholders through the Teams Platform. Please use the following link to join the meeting: AGM 2025: Join the meeting here Teams Meeting ID: 416 460 253 829 2 Passcode: jG7zH2p6 Webcast participants will have the option [...]
Highlights A$14.1M Entitlement Offer Fully Subscribed Completion of Entitlement Offer to all eligible shareholders, raising A$14.1M in early September 2025. Proceeds from the Entitlement Offer provide funding to deliver the following key milestones in the growth and development of Hot Chili's Costa Fuego copper-gold project , located in the coastal range of Chile: Completion of the Company's asset-level, strategic [...]
Hot Chili Ltd. is pleased to announce the receipt of regulatory approval1 to expand drill coverage across the La Verde copper-gold discovery, located approximately 30km south of the Company's Costa Fuego Cu-Au Project planned central processing hub at low elevation in the coastal range of the Atacama region, Chile. The approval follows the commencement of phase two diamond drilling from existing drill platforms at La [...]
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