Hot Chili Limited

Hot Chili Confirms Second Porphyry Centre at La Verde South

Hot Chili Confirms Second Porphyry Centre at La Verde South

Perth – October 19, 2026 -- Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) has confirmed a second porphyry centre, La Verde South, after its first step-out hole returned 148 m grading 0.44% copper equivalent (CuEq) at the La Verde copper-gold discovery in Chile. The company says the find near-doubles the growth potential of La Verde, which sits 30 km south of the planned central processing hub for its Costa Fuego project.

Step-out hole DKP084 intersects 148 m at 0.44% CuEq beneath shallow gravel

Reverse circulation hole DKP084 was collared about 250 m south of La Verde's +0.4% copper footprint, which more than 40,000 m of drilling has defined. It returned 148 m at 0.44% CuEq (0.39% Cu, 0.07 g/t Au) from 36 m. That includes 44 m at 0.56% CuEq (0.50% Cu, 0.06 g/t Au) from 138 m.

Hot Chili Drills 62m at 0.91% CuEq at La Verde Copper Discovery

Hot Chili Drills 62m at 0.91% CuEq at La Verde Copper Discovery

Perth, Australia – September 11, 2026 -- Hot Chili Limited has reported a fresh round of high-grade drill results from its La Verde copper-gold porphyry discovery in Chile, with hole DKP063 returning 398 metres grading 0.45% copper equivalent (CuEq) from surface, including a standout 62-metre interval at 0.91% CuEq from just 20 metres depth.

DKP063 Delivers 398 Metres of Copper-Gold Mineralisation From Surface

Within the broader intersection, DKP063 recorded 12 metres grading 1.00% CuEq (0.66% Cu, 0.49 g/t Au) from 20 metres, and a further 34 metres at 1.00% CuEq (0.80% Cu, 0.27 g/t Au) from 42 metres. Hot Chili said the shallow high-grade continuity strengthens the case for a high-grade starter pit feeding into the Costa Fuego mine plan, located 30 km north of La Verde in Chile's coastal Atacama region.