Chile , Argentina , Peru and Brazil

Junior exploration roundup: Hot Chili, Beadell, U3O8, Santa Barbara

Bnamericas Published: Tuesday, November 12, 2013

Australia's Hot Chili (ASX: HCH) reported a resource upgrade at its flagship Productora copper project in Chile following strong results at the Habanero high grade copper-gold discovery in the Productora property.

Results include 35m at 1.2% copper and 0.2g/t gold within a broader intersection of 79m at 0.8% copper and 0.1g/t gold, a press release reads.

The 2013 drilling campaign is expected to cease in mid-December, while further resource extensional drilling is expected to commence in early 2014.


Australia's Beadell Resources (BDR) reported drill results from the Duckhead open pit oxide gold deposit at its 100%-owned Tucano gold mine in Brazil.

Infill drilling identified a new zone of mineralization, where an RC drill hole intersected 24m at 14.6g/t gold, Including 1m at 50.8g/t gold. Additional results include 20m at 75.8g/t at a drill hole from the main lode, according to a company statement.


Toronto-based U3O8 (TSX: UWE) announced in a release the discovery of an entirely new mineralized area with the highest uranium-vanadium grades found to date in the Laguna Salada district in Argentina's Chubut province.

The company is finalizing a definitive agreement to partner with state miner Petrominera Chubut in order to develop the Laguna Salada project, and completing the preliminary economic assessment, said U308 president and CEO Richard Spencer.


Vancouver's Santa Barbara Resources (TSX-V: SBL) reported results from 27 holes drilled on the Sancos project in Peru. Highlights include 50m at 1.1g/t gold, including 24m at 1.71g/t gold at shallow depth, according to a release.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Mining & Metals (Chile)

Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Mining & Metals (Chile)

Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Ausenco Chile Ltda.  (Ausenco Chile)
  • Ausenco Chile Ltda. Is a subsidiary of the Australian firm Ausenco, which provides process infrastructure and engineering solutions in Chile since 1995. Based Santiago, Ausenco ...
  • Company: Norte Abierto SpA  (Norte Abierto)
  • Norte Abierto SpA, based in Santiago de Chile, is a under a 50% risk-sharing entity between Goldcorp and Barrick. The company was formed after a series of acquisitions by the Ca...
  • Company: Enaex S.A.  (Enaex)
  • Chilean company Enaex manufactures and supplies ammonium nitrate, and explosives for the mining industry, and provides rock fragmentation services for companies in Peru, Chile, ...
  • Company: Minera Centinela S.A.  (Minera Centinela)
  • Minera Centinela S.A., controlled by Antofagasta Minerals with 70%, operates an open pit copper mining operation in northern Chile's Antofagasta Region. It was created in 2014 t...