202m grading 0.6% Copper, 0.3g/t Gold from 70m depth

Highlights

First drill hole (DKP001) at La Verde intersects intercepts 174m grading 0.4% copper (Cu), 0.1g/t gold (Au) from 36m depthSecond drill hole (DKP002), located 120m southeast of DKP001, recorded 308m grading 0.5% Cu and 0.3g/t Au from 46m depth to end of holeincluding 202m grading 0.6% Cu, 0.3g/t Au from 70m depthwhich includes 100m grading 0.7% Cu, 0.3g/t Au from 118m depthResults for 10 more drill holes pending and drill program expanded to 6,000mLa Verde's porphyry footprint, measures approximately 850m by 700m; comparable to Hot Chili's higher-grade Cortadera Cuerpo 3 copper-gold porphyry, located 30km northCosta Fuego Copper-Gold Project Pre-feasibility Study (PFS) and Huasco Water PFS advancing towards release in Q1, 2025Treasury of approximately A$25.7 million as of 30 September 2024

202m grading 0.6% Copper, 0.3g/t Gold from 70m depth

Highlights

First drill hole (DKP001) at La Verde intersects intercepts 174m grading 0.4% copper (Cu), 0.1g/t gold (Au) from 36m depthSecond drill hole (DKP002), located 120m southeast of DKP001, recorded 308m grading 0.5% Cu and 0.3g/t Au from 46m depth to end of holeincluding 202m grading 0.6% Cu, 0.3g/t Au from 70m depthwhich includes 100m grading 0.7% Cu, 0.3g/t Au from 118m depthResults for 10 more drill holes pending and drill program expanded to 6,000mLa Verde's porphyry footprint, measures approximately 850m by 700m; comparable to Hot Chili's higher-grade Cortadera Cuerpo 3 copper-gold porphyry, located 30km northCosta Fuego Copper-Gold Project Pre-feasibility Study (PFS) and Huasco Water PFS advancing towards release in Q1, 2025Treasury of approximately A$25.7 million as of 30 September 2024

PERTH, Australia, Nov. 25, 2024 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or "Company") advises that the Annual General Meeting will be held on Thursday, 28 November 2024 at 9:30am AWST and can be attended either in person or online in real-time.

A live webcast of the AGM will be available to all shareholders through the Teams Platform.  Please use the following link to join the meeting:

Hot Chili 2024 AGM

Webcast participants will have the option to submit written questions during the meeting in relation to each resolution (as detailed in the Notice of Meeting dated 25 October 2024).

PERTH, Australia, Nov. 25, 2024 /CNW/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or "Company") advises that the Annual General Meeting will be held on Thursday, 28 November 2024 at 9:30am AWST and can be attended either in person or online in real-time.

A live webcast of the AGM will be available to all shareholders through the Teams Platform.  Please use the following link to join the meeting:

Hot Chili 2024 AGM

Webcast participants will have the option to submit written questions during the meeting in relation to each resolution (as detailed in the Notice of Meeting dated 25 October 2024).

Highlights

Hot Chili has executed an Option Agreement to acquire a 100% interest in the historical La Verde Copper Mine (La Verde), located 30 km south of the Company's low-altitude, Costa Fuego copper-gold project in ChileLa Verde encompasses 800m strike length of open pit workings, previously exploited by private interests for shallow porphyry copper-style oxide mineralisationThe La Verde Option Agreement, along with the recently executed Domeyko Option Agreement (see announcement dated 30th April 2024), for the first time consolidates and provides access to, a much larger potential porphyry copper deposit footprint measuring approximately 1.4km by 1.2kmA first-pass, 4,000m drill program commenced at La Verde on 30th October 2024, with one drill rig in operation and two drill holes already complete (assay results pending)Hot Chili has updated timing for the planned release of its next key catalysts to accommodate additional project optimisation and to align the outcomes of its copper and water studies:Water Supply Business Case Study (Pre-feasibility Study level (PFS)) for Huasco Water has been brought forward - now planned for release in Q1 2025Costa Fuego PFS will be delivered in parallel with the Huasco Water PFS – now also planned for release in Q1 2025Strong treasury of approximately A$25.7 million as of 30 September 2024

Highlights

Hot Chili has executed an Option Agreement to acquire a 100% interest in the historical La Verde Copper Mine (La Verde), located 30 km south of the Company's low-altitude, Costa Fuego copper-gold project in ChileLa Verde encompasses 800m strike length of open pit workings, previously exploited by private interests for shallow porphyry copper-style oxide mineralisationThe La Verde Option Agreement, along with the recently executed Domeyko Option Agreement (see announcement dated 30th April 2024), for the first time consolidates and provides access to, a much larger potential porphyry copper deposit footprint measuring approximately 1.4km by 1.2kmA first-pass, 4,000m drill program commenced at La Verde on 30th October 2024, with one drill rig in operation and two drill holes already complete (assay results pending)Hot Chili has updated timing for the planned release of its next key catalysts to accommodate additional project optimisation and to align the outcomes of its copper and water studies:Water Supply Business Case Study (Pre-feasibility Study level (PFS)) for Huasco Water has been brought forward - now planned for release in Q1 2025Costa Fuego PFS will be delivered in parallel with the Huasco Water PFS – now also planned for release in Q1 2025Strong treasury of approximately A$25.7 million as of 30 September 2024

 PERTH, Australia, Oct. 31, 2024 /PRNewswire/ -

Highlights

Costa Fuego Copper-Gold Project Pre-Feasibility Study Progresses

All Costa Fuego Pre-feasibility Study (PFS) workstreams planned for completion in late 2024Completion of hydrogeological drilling at the planned Tailings Storage Facility (TSF), as well as additional seawater and freshwater flotation trade-off test work has re-confirmed that optimal processing for Costa Fuego will be achieved using raw seawaterMetallurgical workstreams indicate potential improvements for both molybdenum flotation and copper oxide leach recoveries when compared to the 2023 Preliminary Economic Assessment (PEA)Concentrate market studies confirm a reduction of long-term treatment costs (TC) and refining charges (RC) assumptions, when compared to the 2023 PEAImprovement in long-term consensus commodity price forecasts for all potentially payable metals (copper, gold, molybdenum and silver), when compared to the 2023 PEA

 PERTH, Australia, Oct. 31, 2024 /CNW/ -

Highlights

Costa Fuego Copper-Gold Project Pre-Feasibility Study Progresses

All Costa Fuego Pre-feasibility Study (PFS) workstreams planned for completion in late 2024Completion of hydrogeological drilling at the planned Tailings Storage Facility (TSF), as well as additional seawater and freshwater flotation trade-off test work has re-confirmed that optimal processing for Costa Fuego will be achieved using raw seawaterMetallurgical workstreams indicate potential improvements for both molybdenum flotation and copper oxide leach recoveries when compared to the 2023 Preliminary Economic Assessment (PEA)Concentrate market studies confirm a reduction of long-term treatment costs (TC) and refining charges (RC) assumptions, when compared to the 2023 PEAImprovement in long-term consensus commodity price forecasts for all potentially payable metals (copper, gold, molybdenum and silver), when compared to the 2023 PEA

PERTH, Australia, Sept. 27, 2024 /CNW/ - Hot Chili Limited (ASX: HCH) ("Hot Chili" or the "Company") is pleased to release its annual Mineral Resources and Ore Reserves (MROR) statement for the Costa Fuego Project (the "Project") as of 30 June 2024.

Costa Fuego comprises the Cortadera, Productora, Alice, and San Antonio deposits, all of which have updated Mineral Resource Estimates ("MRE" or "Resource") completed during the reporting period. All deposits lie proximal to one another, at low altitude (800 m to 1,000 m), approximately 600 km north of Santiago.

PERTH, Australia, Sept. 27, 2024 /PRNewswire/ - Hot Chili Limited (ASX: HCH) ("Hot Chili" or the "Company") is pleased to release its annual Mineral Resources and Ore Reserves (MROR) statement for the Costa Fuego Project (the "Project") as of 30 June 2024.

Costa Fuego comprises the Cortadera, Productora, Alice, and San Antonio deposits, all of which have updated Mineral Resource Estimates ("MRE" or "Resource") completed during the reporting period. All deposits lie proximal to one another, at low altitude (800 m to 1,000 m), approximately 600 km north of Santiago.