Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Hot Chili extends "one of the world's standout" copper-gold intersections in Chile

Proactive Investors Friday, 5 July 2019
Hot Chili Ltd (ASX:HCH) has further extended what it describes as one of the world’s standout copper-gold porphyry drill intersections ever recorded in drilling at the Cortodera Copper-Gold Project along the Chilean coastal range. Final assay results for hole CRP0013D have increased the width by another 128 metres downhole to provide 750 metres grading 0.6% copper and 0.2 g/t gold from 204 metres in depth. This includes a high-grade zone comprising 188 metres at 0.9% copper and 0.4 g/t gold from 516 metres, which in turn includes 100 metres at 1.0% copper and 0.5 g/t gold from 530 metres. READ: Hot Chili delivers its best-ever copper-gold-porphyry drill result The intersection also includes significant silver and molybdenum credits. This result has outlined the beginnings of a bulk tonnage, high-grade zone at depth at Cortadera and has changed the scale and pedigree of the copper-gold porphyry discovery. The Hot Chili team is now compiling numerous historical and new datasets at the project to facilitate various geological models aimed at refining the approach to drill design for a a planned second phase of diamond and reverse circulation drilling. READ: Hot Chili in strong Chilean copper position after securing formal option agreement Additionally, the company has engaged independent consultant AMC to prepare an initial mineral resource estimate at Cortadera. The new bulk tonnage high-grade zone discovered at Cortadera exhibits many similar characteristics to some of the world’s most notable large-scale underground porphyry mines and developments. This zone's potential scale is unknown and remains largely open, representing an exciting focus for Hot Chili’s second phase of drilling. Hot Chili’s open pit development approach to combine two bulk tonnage deposits in Productora and Cortadera, which are within 14 kilometres of one another, along with nearby high-grade satellites, has been materially enhanced by the addition of this new bulk tonnage, high grade zone. Any potential underground development scenario that may eventuate given further success is advantaged by the presence of a significant open pit inventory already established and growing.
Credit: IANS INDIA - Published < > Embed
News video: World Cup 2019 | India beat Sri Lanka by 7 wickets

World Cup 2019 | India beat Sri Lanka by 7 wickets 01:06

India won their World Cup 2019 match against Sri Lanka by 7 wickets at Headingley in England's Leeds on Saturday. Earlier Sri Lanka won the toss and elected to bat first and scored 264 for 7. Angelo Mathews scored 113 runs the highest for the side. Apart from him Lahiru Thirimanne scored 53 runs. For...

Recent related videos from verified sources

Couple beat WR for countries flown in air balloon [Video]Couple beat WR for countries flown in air balloon

A thrill-seeking couple have proved the sky's the limit after smashing the world record for countries flown over -- in a hot air balloon.Enthusiasts Allie and Phil Dunnington spend their time..

Credit: SWNS STUDIO     Duration: 02:37Published

Five-Pound Bags Of Gold Medal Flour Recalled Due To E. Coli [Video]Five-Pound Bags Of Gold Medal Flour Recalled Due To E. Coli

General Mills is recalling bags of Gold Medal flour over concerns about E. coli.

Credit: CBS 2 New York     Duration: 00:30Published

Recent related news from verified sources

Peel Mining confirms significant new drilling intersects at Wagga Tank project

Peel Mining Ltd (ASX:PEX) has revealed new encouraging drilling results from its Wagga Tank project, south of Cobar in western New South Wales. Drilling at Wagga...
Proactive Investors

Aguia Resources identifies elevated copper and gold zones at Andrade project in Brazil

Aguia Resources Ltd (ASX:AGR) has identified anomalous zones of elevated copper and gold, including a gold-in-soil anomaly measuring more than 500 metres, at...
Proactive Investors

You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.