DGAP-News: Hot Chili Gets Electric
Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce that Chiles Central Authority Electrical Regulator has approved the Companys application for connection to the Maitencillo sub-electrical power station, located 17 km from the centre of its Costa Fuego senior copper development in Chile.
- Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce that Chiles Central Authority Electrical Regulator has approved the Companys application for connection to the Maitencillo sub-electrical power station, located 17 km from the centre of its Costa Fuego senior copper development in Chile.
- As part of the Companys Pre-feasibility Studies (PFS) for Costa Fuego, Hot Chili have engaged with several electrical market providers and advisors.
- Several non-binding long-term power quotes have been received and Hot Chili expects to start a binding process to select one or more electrical providers for the Costa Fuego copper hub in Q4 2022.
- Hot Chili Limited is a mineral exploration company with assets in Chile.