Hot Chili

Hot Chili Releases Interim Financial Report for Quarter Ended 31st March 2024

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星期二, 四月 30, 2024
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PERTH, Australia, April 30, 2024 /PRNewswire/ - Hot Chili Limited (TSXV: HCH) (ASX: HCH) (OTCQX: HHLKF) (the "Company" or "Hot Chili") is pleased to announce that it has filed financial reports for the quarter ended 31st March  2024.

Key Points: 
  • PERTH, Australia, April 30, 2024 /PRNewswire/ - Hot Chili Limited (TSXV: HCH) (ASX: HCH) (OTCQX: HHLKF) (the "Company" or "Hot Chili") is pleased to announce that it has filed financial reports for the quarter ended 31st March  2024.
  • Each of Ms. Haren and Mr. Easterday are a qualified person within the meaning of NI 43-101.
  • Ms Haren is a full-time employee of Haren Consulting Pty Ltd and an independent consultant to Hot Chili.
  • In addition, this report may contain forward-looking statements attributed to third-party industry sources, the accuracy of which has not been verified by the Company.

Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile

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星期一, 四月 8, 2024
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PERTH, Australia, April 8, 2024 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile.

Key Points: 
  • PERTH, Australia, April 8, 2024 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile.
  • The report titled "Costa Fuego Copper Project NI 43–101 Technical Report Mineral Resource Estimate Update" and dated April 2024 with an effective date of February 26, 2024 (the "Technical Report"), was prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
  • The Technical Report supports the news release dated 26 February 2024 announcing the Costa Fuego Copper-Gold Project Mineral Resource Update.
  • For further information on Costa Fuego please see the Technical Report.

Hot Chili and Los Losas Port Execute a MOU to Negotiate Binding Port Services Agreement for Costa Fuego

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星期四, 三月 14, 2024
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"We are pleased to be a joint funding partner with PLL for this feasibility study and the five-year optionality that this MOU provides Hot Chili, to negotiate a binding port services agreement as a foundation bulk concentrate customer at Las Losas.

Key Points: 
  • "We are pleased to be a joint funding partner with PLL for this feasibility study and the five-year optionality that this MOU provides Hot Chili, to negotiate a binding port services agreement as a foundation bulk concentrate customer at Las Losas.
  • Importantly, the MOU with PLL provides Hot Chili the right, for up to five years, to negotiate a binding Port Services Agreement for Costa Fuego.
  • The potential Port Service Agreement would include a "Take or Pay Volume" clause, based on at least 80% of Costa Fuego's projected future annual concentrate production.
  • Hot Chili will fund 20% of the port Feasibility Study, which is estimated to cost approximately US$4.6 million and take approximately two years to complete.

Hot Chili Commences Next Phase of Resource Expansion Drilling Programme at Costa Fuego

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星期二, 一月 23, 2024
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Next phase of Hot Chili's 30,000m resource growth focused drill programme is underway, with double- shift diamond drilling operations commencing on 12th January 2024 at the Company's low-altitude, Costa Fuego copper-gold project in Chile.

Key Points: 
  • Next phase of Hot Chili's 30,000m resource growth focused drill programme is underway, with double- shift diamond drilling operations commencing on 12th January 2024 at the Company's low-altitude, Costa Fuego copper-gold project in Chile.
  • A total of 47 Reverse Circulation (RC) drill holes for 11,500m have been completed since the Company's resource growth focused drill programme commenced in late July 2023.
  • Drilling aims to test multiple resource growth opportunities, which may allow Hot Chili to consider an up-lift in the Pre-feasibility study scale for Costa Fuego.
  • The Company is in the final stages of completing an upgrade to its mineral resource for Costa Fuego based on all drilling completed since February 2022.

Hot Chili Materially Improves Option Terms for Costa Fuego Coastal Copper Hub in Chile

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星期四, 十二月 7, 2023
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Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.

Key Points: 
  • Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.
  • Refer to ASX Announcement "Hot Chili Delivers Next Level of Growth" ("Resource Announcement") for JORC Code Table 1 information related to the Costa Fuego Resource Estimate (MRE) by Competent Person Elizabeth Haren, constituting the MREs of Cortadera, Productora and San Antonio (which combine to form Costa Fuego).
  • Hot Chili confirms it is not aware of any new information or data that materially affects the information included in the Resource Announcement and all material assumptions and technical parameters stated for the Mineral Resource Estimates in the Resource Announcement continue to apply and have not materially changed.
  • 10 Hot Chili Limited is not aware of political, environmental or other risks that could materially affect the potential development of the Mineral Resources.

Hot Chili Continues to Expand its Costa Fuego Coastal Copper Hub in Chile

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星期三, 十一月 15, 2023
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The PEA is intended to be read as a whole, and sections should not be read or relied upon out of context.

Key Points: 
  • The PEA is intended to be read as a whole, and sections should not be read or relied upon out of context.
  • The technical information in this news release is subject to the assumptions and qualifications contained in the PEA.
  • The PEA was compiled by Wood Australia Pty Ltd with contributions from a team of independent qualified persons (within the meaning of NI 43-101).
  • Mr Wendlandt is a full-time employee of Wood Pty Ltd and a Registered Professional Engineer in the State of Colorado.

Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile

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星期五, 八月 11, 2023
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PERTH, Australia, Aug. 11, 2023 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report ("The Report") for its Costa Fuego copper-gold project in Chile.

Key Points: 
  • PERTH, Australia, Aug. 11, 2023 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report ("The Report") for its Costa Fuego copper-gold project in Chile.
  • The report titled "Costa Fuego Copper Project NI 43–101 Technical Report Preliminary Economic Assessment" and dated August  2023, with an effective date of June 28 2023 (the "Technical Report"), was prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
  • The Technical Report supports the news release dated 28 June 2023 announcing the Costa Fuego Copper-Gold Project Preliminary Economic Assessment.
  • For further information on Costa Fuego please see the Technical Report.

Hot Chili Closes US$15 Million Investment by Osisko Gold Royalties

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星期三, 七月 26, 2023
Hot Chili, Mineral, TSX Venture Exchange, Silver, Multimedia, PFS, Gold, Risk, Mining, TSX, Copper, News, Audit

This document contains certain "forward-looking statements" and "forward-looking information" concerning the business, operations and financial performance and condition of Company.

Key Points: 
  • This document contains certain "forward-looking statements" and "forward-looking information" concerning the business, operations and financial performance and condition of Company.
  • Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements.
  • Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.
  • Each recipient should perform its own independent investigation and analysis of Hot Chili, and the information contained in this Document is not a substitute therefore.

Osisko Announces Royalty Transaction With Hot Chili on the Costa Fuego Copper-Gold Project in Chile

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星期三, 六月 28, 2023
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MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty (the “Royalties”) from Hot Chili Limited (“Hot Chili”) covering Hot Chili’s Costa Fuego Copper-Gold Project (“Costa Fuego” or the “Project”) in Chile, for total cash consideration of US$15.0 million.

Key Points: 
  • MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty (the “Royalties”) from Hot Chili Limited (“Hot Chili”) covering Hot Chili’s Costa Fuego Copper-Gold Project (“Costa Fuego” or the “Project”) in Chile, for total cash consideration of US$15.0 million.
  • Osisko has granted Hot Chili an option to buy down a portion of the royalty, which can only occur upon change of control and exercisable until the fourth anniversary of the transaction close.
  • Should Hot Chili’s ownership of these properties increase, the royalty will thereafter apply to the increased ownership level.
  • Productora is held in a joint venture, presently 80% owned by Hot Chili and Cortadera is 100% owned by Hot Chili.

Hot Chili Limited Releases Corporate Presentation Outlining the Results of the Preliminary Economic Assessment for Its Costa Fuego Copper-gold Project

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星期三, 六月 28, 2023
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PERTH, Australia, June 28, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to release a corporate presentation outlining the results of the Preliminary Economic Assessment (the "PEA") for its Costa Fuego Copper-Gold Project (Costa Fuego or "the Project"), located 600 km north of Santiago, at low elevation (

Key Points: 
  • PERTH, Australia, June 28, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to release a corporate presentation outlining the results of the Preliminary Economic Assessment (the "PEA") for its Costa Fuego Copper-Gold Project (Costa Fuego or "the Project"), located 600 km north of Santiago, at low elevation (
  • The PEA was prepared in accordance with Canada's Standards of Disclosure for Mineral Projects ("NI 43-101") and has outlined one of the world's lowest capital intensity, major copper developments.
  • To access the presentation please click on the link below.
  • This announcement is authorised by the Board of Directors for release to ASX and TSXV.