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ASX:HCH TSX-V:HCH OTCQX:HHLKF

Hot Chili Ltd

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Market:
ASX
Price
1.10 AUD
Day Change
2.80%
Market Cap:
$131.39 m
52 weeks high
1.61
52 weeks low
0.89

In brief

Hot Chili Ltd is a mineral exploration company with assets in Chile.

The company's flagship project, Costa Fuego, is the consolidation into a hub of the Cortadera porphyry copper-gold discovery and the Productora copper-gold deposit, set 14 km apart in an excellent location – low altitude, coastal range of Chile, infrastructure rich, low capital intensity.

The Costa Fuego landholdings, contains an Indicated Resource of 391Mt grading 0.52% CuEq (copper equivalent), containing 1.7 Mt Cu, 1.5 Moz Au, 4.2 Moz Ag, and 37 kt Mo and an Inferred Resource of 334Mt grading 0.44% CuEq containing 1.2Mt Cu, 1.2 Moz Au, 5.6 Moz Ag and 27 kt Mo, at a cut-off grade of 0.25% CuEq.

Hot Chili is working to advance its Costa Fuego Project through a preliminary feasibility study (followed by a full FS and DTM), and test several high-priority exploration targets.