Hot Chili

Hot Chili Limited Request for Trading Halt

Retrieved on: 
Tuesday, June 27, 2023
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PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.

Key Points: 
  • PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.
  • In its letter to the ASX, the Company noted that the request for the trading halt was made pending the release of an announcement by the company concerning a form of Investment Agreement and the results of a Preliminary Economic Assessment (Scoping Study) in relation to Its Coast Fuego copper-gold project in the coastal range of the Atacama Region, Chile.
  • The Company will remain in a temporary trading halt on the ASX until the earlier of the commencement of normal trading on 29 June 2023 or when the announcement Is released to the market.
  • This announcement is authorised by the Board of Directors for release to ASX and TSXV.

EQS-News: Hot Chili Granted Access to Maritime Concession Land for Costa Fuego

Retrieved on: 
Sunday, December 18, 2022
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Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (“Hot Chili” or “Company”) is pleased to announce another important step toward infrastructure consolidation for the Company’s low-altitude, 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 another important step toward infrastructure consolidation for the Company’s low-altitude, Costa Fuego senior copper development in Chile.
  • The Chilean Naval Authority have granted Hot Chili access to the physical land of its Maritime Concession for extraction of sea water just 60 kilometres from the proposed location of Costa Fuego’s central processing facilities.
  • Access to the coastal land surrounding the Maritime Concession provides yet another government approval in the Company’s regulatory process to develop Costa Fuego.
  • Hot Chili was awarded its Maritime Concession in late 2020 (as announced to ASX on 7th December 2020), which provided critical water extraction rights for Costa Fuego, securing sufficient water supply for a new large-scale conventional copper-gold operation.

EQS-News: Appointment of New Canadian Director

Retrieved on: 
Sunday, December 18, 2022
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Mr Quin’s appointment will be effective once he has obtained an Australian Director Identification Number as required by Australian law and expected to occur by the end of February 2023.

Key Points: 
  • Mr Quin’s appointment will be effective once he has obtained an Australian Director Identification Number as required by Australian law and expected to occur by the end of February 2023.
  • Further, due to the Company’s listing on the TSX Venture Exchange (“TSXV"), the appointment remains subject to approval by the TSXV.
  • Non-executive Chairman Dr Nicole Adshead-Bell commented “We are very pleased to welcome a director of Stephen’s calibre to the Board of Hot Chili.
  • On confirmation of his appointment, Mr Quin will also become a member of the Company’s Audit and Risk, Remuneration and ESG and Nomination Committees.

EQS-News: Hot Chili Limited Reports Results of the 2022 Annual General Meeting held 30 November 2022 AWST

Retrieved on: 
Wednesday, November 30, 2022
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Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to advise the results of its 2022 Annual General Meeting (the "AGM") held in Perth, Australia on 30 November 2022 AWST.

Key Points: 
  • Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to advise the results of its 2022 Annual General Meeting (the "AGM") held in Perth, Australia on 30 November 2022 AWST.
  • A total of 31,821,621 ordinary shares, or 26% of Hot Chili's issued shares, were represented in person or by proxy at the AGM.
  • Apart from Resolution 5, all items of business put forth at the AGM were passed by the requisite majority.
  • In accordance with the rules and policies of the TSXV, shareholder approval of the SBC Plan must be obtained annually at the Company's annual general meeting.

EQS-News: Further Consolidation of Cortadera

Retrieved on: 
Wednesday, November 30, 2022
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The recovery and copper equivalent formula for Cortadera Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.

Key Points: 
  • The recovery and copper equivalent formula for Cortadera Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.
  • Together, these new landholdings consolidate the western extension of Cortadera and allow Hot Chili to test a potentially much larger copper porphyry cluster.
  • Figures on the following pages outline the location of the new mining rights in relation to Cortadera.
  • This recent strategic consolidation of the Cortadera porphyry deposit area has the potential to deliver another significant leg of resource growth to the Costa Fuego copper hub.

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

Retrieved on: 
Monday, November 28, 2022
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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.

EQS-News: New Results Boost Growth for Costa Fuego

Retrieved on: 
Monday, October 31, 2022
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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
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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
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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
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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.