Hot Chili Limited (AU:HCH) has released an update.
Hot Chili Limited has expanded its Costa Fuego Copper-Gold Project in Chile by acquiring the option to purchase the Domeyko cluster, increasing its landholding in the region by 25%. The Domeyko mining center, historically mined for copper-gold oxides, presents new exploration opportunities with several high-potential targets that have yet to be drill tested. As Hot Chili advances towards a pre-feasibility study in the second half of 2024, the addition of Domeyko bolsters its prospects for contributing significant new copper supplies in the coming decade.
For further insights into AU:HCH stock, check out TipRanks’ Stock Analysis page.