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 […]
Diamond Drilling Confirms Large, Higher-Grade Core at New Discovery La Verde
Drilling Confirms Large, Higher-Grade Core from Near-Surface at La Verde (CNW Group/Hot Chili Limited) Highlights Hot Chili’s Managing Director Mr. Christian Easterday commented, “The convergence of mineralisation into a single higher-grade core at La Verde, extending from near surface, is a material development for Hot Chili. Addition of a higher-grade starter pit would significantly strengthen the […]
First Diamond Drillhole Confirms Gold-Rich Major Copper Discovery in Coastal Chile
La Verde Porphyry Discovery Exceeds Expectations Highlights Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) announced a drilling update from its La Verde copper–gold (Cu-Au) discovery, located roughly 30 km south of the Company’s Costa Fuego Copper-Gold (Cu-Au) Project (“Costa Fuego” or “the Project”) planned central processing hub in Chile’s coastal Atacama region. Phase […]
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 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 […]