HCH

EQS-News: Hot Chili Executes Option to Secure Major Extension to Cortadera

Retrieved on: 
Monday, November 28, 2022

Hot Chili has executed an Option Agreement enabling Hot Chili to acquire a 100% interest in AMSAs mining rights adjoining the western margin of Hot Chilis Cortadera copper-gold porphyry discovery, the centre-piece of the Companys Costa Fuego senior copper development in Chile.

Key Points: 
  • Hot Chili has executed an Option Agreement enabling Hot Chili to acquire a 100% interest in AMSAs mining rights adjoining the western margin of Hot Chilis Cortadera copper-gold porphyry discovery, the centre-piece of the Companys Costa Fuego senior copper development in Chile.
  • Cortadera has been the growth engine for Hot Chili since the Company executed a transaction to acquire the project in 2019.
  • The option enables the consolidation of Cortadera and near doubles the prospective strike length of the discovery, increasing the near term, material resource growth potential for Hot Chili.
  • Hot Chili then ceased all exploration activities at Cortadera North until an agreement could be entered into with AMSA to enable Hot Chili to acquire the adjacent landholding.

Indiana Health Centers Partner with Target Continuum to Expand Access to Affordable Healthcare Options Throughout the State

Retrieved on: 
Monday, November 7, 2022

INDIANAPOLIS, Nov. 7, 2022 /PRNewswire/ -- The State of Indiana is in the midst of a health crisis and one company, Indiana Health Centers, is on a mission to reduce health disparities for marginalized patients within local communities.

Key Points: 
  • INDIANAPOLIS, Nov. 7, 2022 /PRNewswire/ -- The State of Indiana is in the midst of a health crisis and one company, Indiana Health Centers, is on a mission to reduce health disparities for marginalized patients within local communities.
  • Indiana Health Centers, providing medical, dental and behavioral health care to medically underserved and uninsured populations has partnered with Target Continuum, a national leader in healthcare education and outreach headquartered in Indiana, to expand access to affordable healthcare options throughout the state.
  • "I am thrilled at the opportunity to collaborate with Target Continuum to further enhance digital and community awareness about Indiana Health Centers.
  • The organization was originally funded as a HRSA Migrant Health Center, and has grown into a statewide health center, serving various regions and vulnerable populations throughout Indiana.

EQS-News: New Results Boost Growth for Costa Fuego

Retrieved on: 
Monday, October 31, 2022

This is in addition to two new significant intersections at the Valentina high-grade satellite, which represents a potential front-end, open pit ore source for the combined Costa Fuego coastal copper super-hub.

Key Points: 
  • This is in addition to two new significant intersections at the Valentina high-grade satellite, which represents a potential front-end, open pit ore source for the combined Costa Fuego coastal copper super-hub.
  • Results for four of the five drill holes completed have been returned (results pending for SZP0005).
  • For further information on the Costa Fuego Project, refer to the technical report titled "Resource Report for the Costa Fuego Technical Report", dated December 13, 2021, which is available for review under Hot Chili's profile at www.sedar.com.
  • The Company 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.

DGAP-News: Strong Copper-Silver Drill Results Delivered Ahead of San Antonio Resource Upgrade

Retrieved on: 
Friday, September 9, 2022

Importantly, several drill holes recorded higher grades than estimated in the current San Antonio Inferred resource model.

Key Points: 
  • Importantly, several drill holes recorded higher grades than estimated in the current San Antonio Inferred resource model.
  • A total of thirteen Reverse Circulation (RC) drill holes for 2,012m were complete across the San Antonio resource window to test extensional potential, as well as in-fill areas of lower geological confidence.
  • Reported on a 100% Basis - combining Mineral Resource estimates for the Cortadera, Productora and San Antonio deposits.
  • Reported on a 100% Basis - combining Mineral Resource estimates for the Cortadera, Productora and San Antonio deposits.

DGAP-News: Hot Chili Gets Electric

Retrieved on: 
Thursday, August 18, 2022

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.

Key Points: 
  • 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.

DGAP-News: Valentina Delivers Hot Chili’s Highest-Grade Result 8m grading 5.7% Copper & 24g/t Silver

Retrieved on: 
Monday, August 8, 2022

Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce the highest-grade drill intersection recorded by the Company to date.

Key Points: 
  • Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce the highest-grade drill intersection recorded by the Company to date.
  • First assays returned from drilling across the historical Valentina high grade copper mine confirm a significant 120m strike extension to the deposit, recording 8m grading 5.9% CuEq (5.7% copper (Cu), 24.1g/t silver (Ag)) from 27m downhole in reverse circulation (RC) drill hole VAP0009.
  • Impressive First Assay Results from Valentina, More to Come
    Of the nine holes as part of a phase-one programme, four drill holes recorded significant intersections.
  • Copper grades between 27m and 35m depth in VAP0009 were associated with both copper sulphide (2-5 % chalcopyrite) and oxide mineralisation.

DGAP-News: New High Grade Drill Results at Costa Fuego 56m grading 1.0% CuEq & 8m grading 3.6% CuEq

Retrieved on: 
Tuesday, July 19, 2022

The Company remains well positioned to deliver Costa Fuego as one of the nearest-term, meaningful new copper mines in the world.

Key Points: 
  • The Company remains well positioned to deliver Costa Fuego as one of the nearest-term, meaningful new copper mines in the world.
  • Diamond drillhole CORMET004 returned 484m grading 0.5% CuEq (0.4% Cu, 0.1g/t Au) from 548m depth, including 56m grading 1.0% CuEq (0.8% Cu, 0.3g/t Au) from 644m depth, and including 206m grading 0.7% CuEq (0.5% Cu, 0.2g/t Au) from 800m depth.
  • A total of 22 drill holes have been completed at Valentina, with a further 8 drill holes remaining to be drilled.
  • In addition to Valentina, 12 resource in-fill drill holes have been completed at the high-grade San Antonio satellite deposit, with assay results pending.

DGAP-News: Hot Chili Limited Reports Maturity of Convertible Notes

Retrieved on: 
Thursday, June 30, 2022

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 6,588,126 ordinary shares of the Company ("Ordinary Shares") in satisfaction of A$6,081,458.72 payable for the remaining principal amount plus accrued interest on the convertible notes of the Company that matured on June 22, 2022 (the "Maturity Date").

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 6,588,126 ordinary shares of the Company ("Ordinary Shares") in satisfaction of A$6,081,458.72 payable for the remaining principal amount plus accrued interest on the convertible notes of the Company that matured on June 22, 2022 (the "Maturity Date").
  • The Ordinary Shares are not subject to a statutory hold period under applicable securities laws.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.
  • The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forwardlooking statements.

DGAP-News: Stunning 17m Visual Drill Intersection Extends High Grade Copper Zone by 120m at Valentina

Retrieved on: 
Monday, June 13, 2022

Two drill rigs are in operation at the Valentina and San Antonio high grade copper deposits, located 5km east of the Cortadera copper porphyry discovery.

Key Points: 
  • Two drill rigs are in operation at the Valentina and San Antonio high grade copper deposits, located 5km east of the Cortadera copper porphyry discovery.
  • Drilling at Valentina has successfully discovered a significant shallow visual copper zone approximately 120m south of the existing underground mine development in diamond drill hole VALMET-002.
  • VALMET-002 recorded a 17m intersection with a visual estimate of 2-3% copper mineralisation from 22m depth, comprising both oxide and sulphide mineralisation (malachite, copper clays, chalcopyrite, chalcocite and covellite).
  • Ten drill holes have been completed at Valentina and a further eight drill holes are planned.

DGAP-News: Hot Chili Limited Reports Conversion of Convertible Notes

Retrieved on: 
Wednesday, June 8, 2022

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 33,704 ordinary shares of the Company ("Ordinary Shares") at a deemed value of A$1.6665 per Ordinary Share to a holder of convertible notes of the Company (the "Convertible Notes") that elected to convert its Convertible Notes in accordance with the terms thereof.

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 33,704 ordinary shares of the Company ("Ordinary Shares") at a deemed value of A$1.6665 per Ordinary Share to a holder of convertible notes of the Company (the "Convertible Notes") that elected to convert its Convertible Notes in accordance with the terms thereof.
  • The Convertible Notes were issued by the Company on the terms set out in a trust deed dated May 25, 2017 and varied June 19, 2017.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.
  • The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forwardlooking statements.