“Strong managerial, operational and advisory team.”
About Hot Chili Limited
Hot Chili is an ASX-listed Australian company that acquires and develops projects within Chile. Two of the company's projects are at an advanced stage with exploration and resource drilling being undertaken.
Experience and sound governance
Hot Chili is managed by an experienced Board, supported by a dedicated consulting and advisory team. Our governance processes promote responsible decision making and the highest standards of ethical behaviour and accountability.
Business strategy for substantial growth
Our immediate objective is to undertake signficant exploration work programmes over our three projects - Productora, Los Mantos, and Chile Norte. Our next objective is to progress our projects through to a development decision subject to favourable results from confirmatory and infill drilling programmes. To initiate this phase, we plan to establish resources rapidly over our two advanced projects Productora and Los Mantos.
Our business strategy has been successfully implemented with:
- Exploration reconnaissance completed at the company’s large early stage project Chile Norte
- A successful phase of discovery and resource definition at both Productora and Los Mantos with:
- 10,000 metres of RC drilling completed at Los Mantos and
- 2,400m of diamond drilling and 20,000m of RC drilling complete at Productora
- Early-stage resource modelling is now and a preliminary resource at Productora is now complete
The announcement of its maiden resource at Productora marks a significant milestone for the company as it transitions from explorer to project developer in Chile.