Hot Chili Releases 1Q 2026 Operational Update and Financials
Highlights $40 Million Funding to Accelerate Growth & Development of Costa Fuego Global Engineering Firm Ausenco Appointed for Feasibility StudyMajor High-Grade Extensions Continue at La Verde Higher-Grade Starter Pit Emerging Strong Cash Position of A$35.2M Diamond and RC Drill rigs accelerating development of the La Verde Cu-Au discovery SUMMARY OF OPERATIONAL ACTIVITIES Major High-Grade Extensions […]
Hot Chili Arranges A$40 Million Funding to Accelerate La Verde into Expanded Feasibility for the Costa Fuego Cu-Au Project
Highlights Hot Chili Limited (ASX: HCH) (TSXV: HCH) (“Hot Chili” or the “Company”) is pleased to announce that it hassuccessfully arranged a A$40 million private placement to institutional and professional investors through theissue of 24,242,425 new fully paid ordinary shares (“Shares”) at an offer price of A$1.65 (C$1.56) per Share(the “Placement”). Veritas Securities Limited, ATB […]
Hot Chili Receives Regulatory Green Light to Expand Drilling Across New Copper Discovery La Verde
Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced the receipt of regulatory1 approvalto expand drill coverage across the La Verde copper-gold (Cu-Au) discovery, located approximately 30km south of the Company’s Costa Fuego Cu-Au Project (“Costa Fuego” or “the Project”) planned central processing hub at low elevation in the coastal range of the Atacama […]
Hot Chili Announces A$14M Rights Issue to Complete Strategic Partnership Process and & Maiden La Verde Resource Estimate
Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced that they will be undertaking a A$14 million funding, exclusively offered to all eligible shareholders. The A$14 million funding will be via non-renounceable entitlements offer of new shares on a 2 for 13 basis, at an issue price of A$0.60 (60 cents) per share (the […]
Hot Chili Confirms Major Discovery in Q1 2025 Report
Highlights Hot Chili Announces Preliminary Feasibility Study (PFS) & Maiden Ore Reserve for the Costa Fuego Cu-Au Project Low-risk, Chilean coastal copper development with advanced permitting – multi-decade mine life, top quartile copper production scale and lowest quartile capital intensity Strong economics and leverage to rising copper price: Post-tax Net Present Value (NPV8%) of US$1.2 […]
Hot Chili Announces PFS & Maiden Ore Reserve
Bottom Line Hot Chili continues to advance one of the largest copper projects not owned by a major. The PFS (Preliminary Feasibility Study) takes them one important step closer to making an investment decision and moving the project to production. Importantly, the PFS economics, which were already very good, remain largely unchanged even with an […]