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Hot Chili Ltd (HCH) – Time To Push The Boundaries

    Home Latest Research Hot Chili Ltd (HCH) – Time To Push The Boundaries
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    Hot Chili Ltd (HCH) – Time To Push The Boundaries

    By Wendy McEvoy | Latest Research | 0 comment | 19 June, 2020 | 0

    HCH has recommenced drilling at its Cortadera copper-gold porphyry in Chile with the first hole of a seven diamond hole program underway. Hole CRP0042D into the Cuerpo 3 lode was suspended at 616m and has now been re-entered with a planned depth of 1,300m. So far, mineralised porphyry has been observed over 300m with 420m remaining. The initial phase of the current program will look to infill and extend the high-grade core of Cuerpo 3, which contains previous drill intercepts of 0.7-0.9% Cu and 0.2-0.5g/t Au. We expect subsequent drilling to target Cuerpo 2 and Cuerpo 3 North. The Company is also preparing for the commencement of lease mining and processing at its Productora Project (80% HCH) by Chilean government agency Empresa Nacional de Mineria (ENAMI). 

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