Hot Chili Limited (ASX: HCH) – $0.046
24 Aug 2016
Hot Chili Limited (ASX: HCH) has received further surface high grade gold assay results from the Productora Copper-Gold Project located in Chile (Figure 1).
Figure 1. Location of the Productora Copper-Gold Project
Highlights from new surface results include:
- 2.0 metres at 28.2g/t gold
- 1.0 metres at 56.7g/t gold
- 1.5 metres at 37.1g/t gold
All results have now been received from a surface mapping and sampling program across thirteen high grade gold reefs exposed at surface within the historical Sierra Zapallo Gold Project located in the southern region of Productora.
The exploration assessment of Sierra Zapallo is being undertaken in a low-cost/low-risk approach to determine the impact of adding a potential high grade gold resource to the Productora Copper-Gold Project.
A drilling program is being planned and the company is making progress towards securing all necessary approvals in order to commence drilling.
For further information, visit hotchili.net.au
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