Drilling Set to Commence & New Results Extend Sierra Zapallo
Filed with ASX · · 22 pages · English
Summary by 6ix AI
Hot Chili Limited has announced the commencement of drilling at the Sierra Zapallo gold project, following the completion of a surface mapping and sampling program that confirmed high-grade gold mineralization. Recent results indicate an increase in the average grade of gold across several reefs, with significant widths of high-grade intersections reported. The company is preparing for a Reverse Circulation drilling program aimed at exploring depth extensions of these high-grade gold reefs. If successful, this drilling could lead to resource development activities and enhance the potential for a new high-grade gold option at the Productora project.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Hot Chili
- High Grade Gold Results Confirm Resource Potential at SZ
- Impressive Results from Multiple High Grade Reefs at SZ
- First Results From Sierra Zapallo Return Excellent Grades
- Quarterly Activities and Cash Flow Report
- Sierra Zapallo Gold Sampling Commences
Later from Hot Chili
- Mineral Resource and Ore Reserve Annual Review 2016
- Quarterly Report for Period Ending 30th September 2016
- S&P DJ Indices Announces March Quarterly Rebalance
- Quarterly Report for Period Ending 31st Dec 2016
- Hot Chili Arranges Up To A$13 Million Funding
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