Highlights Rapidly Expanding Discovery, Multiple Higher-Grade Centres Confirmed Latest assays from phase-one Reverse Circulation (RC) drilling confirm copper-gold (Cu-Au) mineralisation now extending over 1 km in length and up to 750 m in width, from near surface Higher-grade centres confirmed across the extent of the shallow oxide and sulfide discovery New significant drill results include: 389 m grading 0.4% Cu and 0.1 g/t Au from 4 m depth to end-of-hole (DKP030) including 46 m at 0.6% Cu and 0.2 g/t Au from 238 m including 34 m at 0.6% Cu and 0.2g/t Au from 322m 120 m grading 0.4% Cu and 0.1 g/t Au from 6 m depth (DKP028) including 48 m at 0.5% Cu and 0.1 g/t Au from 26 m And, 114m at 0.3% Cu, 0.1g/t Au from 318m depth to end-of-hole including 34m at 0.4% Cu, 0.2g/t Au from 380 m to end-of-hole 114 m grading 0.4% Cu from 86 m depth (DKP024) including 52 m at 0.5% Cu and 0.1 g/t Au from 96 m 286 m grading 0.3% Cu and 0.1 g/t Au from 4 m depth (DKP027) including 154 m at 0.4% Cu, 0.1g/t Au from 44 m 228 m grading 0.3% Cu and 0.2 g/t Au from 42 m depth (DKP013) including 104 m at 0.4% Cu and 0.3 g/t Au from 42 m 202 m grading 0.3% Cu and 0.1 g/t Au from 50 m depth (DKP017) including 14 m at 0.4% Cu and 0.1 g/t Au from 96 m including 16 m at 0.4% Cu and 0.1 g/t Au from 180 m 138 m grading 0.3% Cu and 0.1 g/t Au from 6m depth to end-of-hole (DKP020) including 24 m at 0.4% Cu and 0.1 g/t Au from 6 m including 48 m at 0.4% Cu and 0.1 g/t Au from 36 m including 36 m at 0.4% Cu and 0.1 g/t Au from 102 m Open Laterally and At-Depth, Larger Cu-Au Porphyry Discovery Emerging Over half of Hot Chili's drill holes ended in significant mineralisation at the limit of RC drilling depth capability; deeper diamond drilling planned for phase 2 to extend higher grade centres at depth Regulatory application for phase-two drilling access progressing Exploration activity streams investigating potential for larger porphyry cluster at La Verde, further updates expected Potential for Significant Open Pit Mine Life Addition for Costa Fuego Cu-Au Hub Further Development Study Updates Expected for Costa Fuego and Huasco Water PERTH, Australia , May 20, 2025 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to report a third round of strong assay results from its La Verde copper-gold (Cu-Au) discovery, located approximately 30km south of the Company's Costa Fuego Cu-Au Project ("Costa Fuego" or "the Project") planned central processing hub at low elevation in the coastal range of the Atacama region, Chile. The Company concluded a phase-one drilling campaign across the La Verde Cu-Au porphyry discovery on 10 April 2025, with a total of 31 RC drill holes (9,600 m) completed to date.
