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Hot Chili announces further strong drill results

Mining News - Published on Fri, 31 Aug 2018

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Hot Chili Limited, a copper junior with multiple projects in Chile, announced further strong drill results from its rapidly emerging San Antonio copper deposit, part of the company’s new El Fuego copper project in Chile. These new drill results add to a remarkable list of stand-out drilling intersections recorded from the company’s recently completed drill program, which include:

- 9m grading 2.0% copper from 132m down-hole depth,
- 16m grading 1.1% copper from 93m down-hole (including 5m grading 2.7% copper),
- 6m grading 2.1% copper from 65m down-hole depth,
- 19m grading 2.0% copper from 61m down-hole depth (including 11m grading 2.4% copper),
- 15m grading 1.7% copper from 80m down-hole depth,
- 13m grading 1.3% copper from 17m down-hole depth (including 5m grading 2.3% copper),
- 53m grading 0.9% copper from 72m down-hole depth (including 27m grading 1.3% copper),
- 10m grading 1.6% copper from 58m down-hole depth (including 4m grading 2.7% copper),
- 5m grading 2.5% copper from 31m down-hole depth (including 2m grading 4.3% copper),
- 18m grading 1.3% copper from 52m down-hole depth (including 5m grading 2.1% copper), and
- 11m grading 1.6% copper from 83m down-hole depth

Given the shallow, high-grade nature of mineralisation, San Antonio looks set to become a key addition to HCH’s large-scale open pit resource inventory with the potential to make a positive material impact on the head grade of the company’s future copper production plans.

Strong continuity of mineralisation confirmed by results
The full results from HCH’s recent 5,000m drilling program have added further confidence in the discovery of a large high-grade extension to the San Antonio copper mine. San Antonio lies 20km east of HCH’s Productora copper project in Chile and forms part of the company’s consolidated El Fuego high-grade growth project as shown below.

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Posted By : Rabi Wangkhem on Fri, 31 Aug 2018
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