Hot Chili (ASX:HCH) said drilling confirmed "significant" expansions and convergence of a single higher-grade core at its Costa Fuego copper-gold project in Chile, according to a Wednesday filing with the Australian bourse.
Drilling yielded 47 meters at 0.57 copper and 0.12 grams per tonne grade of gold from a depth of 247.5 meters and 28 meters at 0.49% copper and 0.15g/t gold from a depth of 316 meters, the filing said.
Shares of the company rose 10% in recent Wednesday trade.
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