Hot Chili Ltd. is pleased to announce that it has filed on SEDAR+ an independent technical report for its Costa Fuego copper-gold project in Chile. The report titled "Costa Fuego Copper Project NI 43-101 Technical Report Preliminary Feasibility Study" and dated 9 May 2025 with an effective date of March 27, 2025 , was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects [...]
PERTH, Australia , May 7, 2025 /CNW/ - Hot Chili Ltd. is pleased to announce the appointment of two highly regarded and experienced mining executives to the Company's Board and executive management group. High profile Australian mining executive and former Gold Fields executive vice president Mr Stuart Mathews has been appointed to the Board of Directors in the role of Non-executive Chair. In addition, well regarded [...]
Hot Chili Ltd. is pleased to announce that its Costa Fuego copper-gold project and Huasco Water project , located along the coastal range of Chile, have both been registered before the Office for Sustainable Project Management by the Chilean Ministry of Economy. Hot Chili applied for registration in September 2024, forming the view that both projects fulfilled key requirements to be considered in the Chilean government's [...]
Period Ending 31 March 2025 Highlights Hot Chili Announces Preliminary Feasibility Study & Maiden1 Ore Reserve2 for the Costa Fuego Cu-Au Project Low-risk, Chilean coastal copper development with advanced permitting - multi-decade mine life, top quartile copper production scale3 and lowest quartile capital intensity Strong economics and leverage to rising copper price: Post-tax Net Present Value of US$1.2 billion and [...]
Hot Chili Ltd. is providing corrections to yesterday's news release announcing the Preliminary Feasibility Study for Huasco Water, an 80% owned entity that controls strategic water rights in the Huasco Valley of Chile. The minor corrections are with respect to certain figures that did not align with the correct version that was previously announced on the Australian Stock Exchange. Highlights Strong Economics for a Large [...]
Hot Chili Ltd. is pleased to announce the results of a Pre-Feasibility Study for the Company's subsidiary Huasco Water, an 80%-owned entity that controls strategic water assets in the Huasco Valley of Chile. Highlights Strong Economics for a Large, Multi-User, Water Business Stage 11 Water Supply PFS for 500L/s of Potential Seawater Supply: Post-tax Net Present Value of US$116 million and Internal Rate of Return of 19 [...]
Top Quartile Copper Production Scale3, Lowest Quartile Capital Intensity Located on the Coastal Range in Chile Hot Chili Ltd. is pleased to announce the results of a Pre-Feasibility Study , prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators, for its Costa Fuego copper-gold project . All monetary amounts are expressed in United [...]
Highlights Drilling Coverage at La Verde Doubled and Continuing to Expand First-pass drill coverage now extends across an area measuring 1,000 m by 550 m: 27 reverse circulation holes for 8,162 m drilled to date Assay results pending for fifteen drill holes: Assay turnaround time from laboratories slower than usual due to peak summer drilling season in the high Andes Shallow porphyry mineralisation remains open in all [...]
Hot Chili Ltd. is pleased to announce that the Company has appointed experienced and well-regarded Australian mining executive, Mrs Fiona Van Maanen, to the Board of Hot Chili as an Independent Non-Executive Director. The appointment is effective from the date of this announcement. Mrs Van Maanen is a highly accomplished company director with over 30 years of progressive executive experience in corporate governance [...]
Review of Operations Highlights Hot Chili adds former La Verde Copper Mine to its Costa Fuego coastal copper hub and confirms significant Cu-Au porphyry discovery. Costa Fuego Cu-Au Pre-feasibility Study : Final Stages Underway. Huasco Water - Water Supply PFS: Nearing Completion. 31 December 2024 cash position A$19 million. Hot Chili Confirms Major Cu-Au Porphyry Discovery at La Verde On 11 February 2025, the Company [...]
Hot Chili Ltd. wishes to advise that Dr Nicole Adshead-Bell, Non-Executive Chair and Mr Stephen Quin, Non-Executive Director have tendered their resignations as Directors of the Company, effective immediately. The Board extends its sincere appreciation to both Dr Adshead-Bell and Mr Quin for their dedicated service and valuable contributions during their tenure with the Company. The Board wishes them both well in their [...]
Highlights Rapidly Emerging Major Copper-Gold Porphyry Discovery New drill results from an additional ten Reverse Circulation drill holes confirm La Verde as a major copper-gold porphyry discovery in low elevation coastal Chile, with broad, consistently mineralised intersections extending over 300 m vertically, commencing at shallow depths. Multiple new significant drill intersections underpin rapidly growing oxide and [...]