Highlights A$14.1M Entitlement Offer Fully Subscribed Completion of Entitlement Offer to all eligible shareholders, raising A$14.1M in early September 2025. Proceeds from the Entitlement Offer provide funding to deliver the following key milestones in the growth and development of Hot Chili's Costa Fuego copper-gold project , located in the coastal range of Chile: Completion of the Company's asset-level, strategic [...]
Hot Chili Ltd. is pleased to announce the receipt of regulatory approval1 to expand drill coverage across the La Verde copper-gold discovery, located approximately 30km south of the Company's Costa Fuego Cu-Au Project planned central processing hub at low elevation in the coastal range of the Atacama region, Chile. The approval follows the commencement of phase two diamond drilling from existing drill platforms at La [...]
Hot Chili Ltd. is pleased to announce that diamond drilling has commenced at the La Verde copper-gold discovery, located approximately 30km south of the Company's Costa Fuego Cu-Au Project planned central processing hub at low elevation in the coastal range of the Atacama region, Chile. Diamond drilling commenced on 22 September 2025 with one drill rig in operation on a double-shift basis. This second phase of drilling at [...]
A$14.1M Entitlement Offer received strong demand from Australian, Canadian and international shareholders Completion of the Entitlement Offer provides funding to deliver the following key milestones in the growth and development of the Costa Fuego copper-gold project: Completion of the Company's asset-level strategic partnering process Commencement of phase-two diamond drilling at the La Verde copper-gold discovery [...]
Hot Chili] is pleased to announce that the Company 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 per share The Rights Issue provides an opportunity for all eligible shareholders to participate in the funding of the Company at a pivotal [...]
Latest Drill Results Double La Verde Porphyry Discovery Footprint. Completion of phase-one RC drilling programme confirms significant copper-gold discovery, with mineralisation extending over 1 km in length and up to 750 m in width from near surface. Discovery remains open laterally and at depth, with over half of Hot Chili's drill holes ending in mineralisation. Significant intercepts from latest drill results included [...]
Potential large porphyry cluster emerging: Multiple look-alike magnetic features adjacent to Hot Chili's La Verde copper-gold porphyry discovery highlight potential for a broader district-scale porphyry system Three priority porphyry targets identified, blind exploration opportunity: Generated by recent geochemical and geophysical work programmes, two targets are concealed under shallow gravel cover Phase-two La Verde [...]
Highlights Rapidly Expanding Discovery, Multiple Higher-Grade Centres Confirmed Latest assays from phase-one Reverse Circulation drilling confirm copper-gold mineralisation now extending over 1 km in length and up to 750 m in width, from near surface Higher-grade centres confirmed across the extent of the shallow oxide and sulfide discovery New significant drill results include: 389 m grading 0.4% Cu and 0.1 g/t Au from 4 [...]
Hot Chili Ltd. is pleased to announce that it has filed on SEDAR+ an independent technical report for its Costa Fuego copper-gold project in Chile. The report titled "Costa Fuego Copper Project NI 43-101 Technical Report Preliminary Feasibility Study" and dated 9 May 2025 with an effective date of March 27, 2025 , was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects [...]
PERTH, Australia , May 7, 2025 /CNW/ - Hot Chili Ltd. is pleased to announce the appointment of two highly regarded and experienced mining executives to the Company's Board and executive management group. High profile Australian mining executive and former Gold Fields executive vice president Mr Stuart Mathews has been appointed to the Board of Directors in the role of Non-executive Chair. In addition, well regarded [...]
Hot Chili Ltd. is pleased to announce that its Costa Fuego copper-gold project and Huasco Water project , located along the coastal range of Chile, have both been registered before the Office for Sustainable Project Management by the Chilean Ministry of Economy. Hot Chili applied for registration in September 2024, forming the view that both projects fulfilled key requirements to be considered in the Chilean government's [...]
Period Ending 31 March 2025 Highlights Hot Chili Announces Preliminary Feasibility Study & Maiden1 Ore Reserve2 for the Costa Fuego Cu-Au Project Low-risk, Chilean coastal copper development with advanced permitting - multi-decade mine life, top quartile copper production scale3 and lowest quartile capital intensity Strong economics and leverage to rising copper price: Post-tax Net Present Value of US$1.2 billion and [...]