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Hot Chili confirms second copper system in Chile
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 ... (full story)