Chile Norte

Chile Norte is located in the northern Region II of Chile, south of the coastal city of Iquique. It is proximal to sealed roads, power and lies within 50km of port facilities.

Hot Chili through its subsidiary SMEAL is advanced in assembling a significant land position in Northern Chile. The tenements comprise 131 mining exploration concessions over areas considered to be highly prospective for the definition of a large IOCGU deposit.

In addition to the Company’s own land position, it has executed a formal agreement with CODELCO to gain access to a large contiguous tenement holding at Chile Norte. This arrangement with CODELCO provides Hot Chili with a major local partner in Chile.

Hot Chili is exploring to locate a large iron-oxide-copper gold style target within the Chile Norte project.