Hot Chili confirms second copper system in Chile

hot chili confirms second copper system in chile

Sumary of Hot Chili confirms second copper system in Chile:

  • File Share to FacebookShare to TwitterEmail UsCopy the Link Things are starting to get spicy for Hot Chili in its copper hunt in South America..
  • Already boasting a 724 million tonne resource grading 0.48 per cent copper equivalent across its Costa Fuego suite of tenements in Chile, the company has defined what appears to be a second large porphyry copper system at the newly acquired Santiago Z tenure..
  • In January Hot Chili commenced an aggressive 40,000 metre resource drilling campaign at the Cortadera project which forms a part of the total Costa Fuego resources..
  • Three rigs are currently working overtime across the tenure aiming to deliver a major resource upgrade in the fourth quarter this year..
  • Cortadera has already grown into a mammoth 451 million tonne deposit grading 0.46 per cent copper equivalent since being acquired by the company in early 2019..
  • The good news continues to flow at Cortadera with drill results released last month returning what the company believes to be another world-class intercept with a whopping 813 metre interval going 0.4 per cent copper and 0.1 grams per tonne gold from just 54m depth..
  • New soil results and mapping from Santiago Z appear to confirm a large copper porphyry footprint measuring over 4km in length and 2km in width with a stronger molybdenum presence than initially recorded..
  • The enrichment of copper, gold and silver in the soil – all signature metals for the Cortadera discovery – appear to add further lustre to the prospects at Santiago Z…

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close