leadf
logo-loader
viewHot Chili Ltd

Rooster Talk: Unveiling the giant copper deposit - Hot Chili

Hot Chili has a cluster of copper-gold porphyry deposits in the copper-producing nation of Chile and is on the path to becoming a viable copper producer.

Hot Chili Ltd - Rooster Talk: Unveiling the giant copper deposit - Hot Chili
Managing director Christian Easterday reveals the latest metallurgical results

Hot Chili Limited (ASX:HCH) has partnered with a company that is owned by the Chilean Government - ENAMI. This partnership will allow 120,000 tonnes per annum of ore to be mined and processed at the Productora deposit.

The main asset of the company is Cortadora and its adjacent projects, San Antonio and Productora.

Metallurgical results

Managing director Christian Easterday shares with us about the latest metallurgical results released by the company.

The outcome of the tests has shown that the trio of projects - Productora, Cortadera and San Antonio - can be treated as one ore type.

This means that the processing of the ore can be done in one facility, which will allow the savings in treating the ore.

Next phase

The next phase for the company will be the release of the JORC resource which should cement Hot Chili as a viable copper producer with a Tier 1 project.

The fact that Hot Chili is not a major miner and is holding a project in the first quartile of best projects in the world is significant.

The sequence of events that will take the company to a major producer with a Tier-1 project will slowly unveil itself over the coming months.

Investors should take time to do research and take stock of what could happen if all the events were to come to fruition.

About Christian Easterday

Easterday is a geologist with over 20 years’ experience in the mineral exploration and mining industry. He holds an honours degree in geology from the University of Western Australia, a Masters degree in Mineral Economics from Curtin University of Technology and a Masters degree in Business Administration from Curtin’s Graduate School of Business.

He has held several senior positions and exploration management roles with top-tier gold companies including Placer Dome, Hill 50 Gold and Harmony Gold, specialising in structural geology, resource development and mineral economic valuation.

For the past eight years, Easterday has been involved in various aspects of project negotiation. This work has involved negotiations and valuations covering gold, copper, uranium, iron ore, nickel and tantalum resource projects in Australia and overseas.

Easterday is a member of The Australian Institute of Geoscientists.

For further information about Coffee with Samso and Rooster Talks visit: www.samso.com.au

Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content.
Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them.
Samso provides bespoke research and presentation for clients to engage their customers or investors.
Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic.
Working with Proactive Group allows exposing our Insights to over 1.2 million monthly unique views internationally.
Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region.
Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of SAMSO.
 
Disclaimer
Samso and affiliated companies accept no responsibility for any claim, loss or damage as a result of information provided or its accuracy. The information provided is general in nature, not financial product advice, see a financial expert before making any investment decision. Your personal objectives, financial situation or needs have not been taken into consideration. There may be a conflict of interest present with commercial arrangements with companies and/or stock held. Samso or an associate may receive a commission for funds raised.

Quick facts: Hot Chili Ltd

Price: 0.039 AUD

ASX:HCH
Market: ASX
Market Cap: $93.72 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Open Orphan first half: 'period of integration, restructuring and setting...

Proactive Analyst Emma Ulker talks through how Open Orphan (LON:ORPH) performed in the first half of the year.  In the six-month period to June 2020, the company focused on integration and restructuring following its acquisition of lab services and challenge studies specialist hVIVO in...

1 day, 9 hours ago

3 min read