EXPLORATION & DEVELOPMENT

'High-grade' copper resource increased by Hot Chili in Chile

HOT Chili has homed in on a "high-grade" indicated resource of 1 million tonnes of copper and 850,000 ounces of gold at its Costa Fuego project, a future development in Chile that its owner believes will be "one of the world's next material copper mines".

Hot Chili drilling in Chile

Hot Chili drilling in Chile

The high-grade component of 156 million tonnes at 0.79% copper equivalent is within overall indicated resources of 725Mt at 0.47% copper equivalent containing 2.8Mt of copper and 2.6Moz of gold (plus silver...

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