Cortadera Copper Project
A world-class copper-gold porphyry discoveryRead More
For those interested in copper stocks, the question is—what sets Hot Chili apart from other copper miners? We have three exciting projects located in Chile, the world’s leading copper-producing country, and a stable, low-risk mining jurisdiction. This includes our Cortadera copper-gold project, where we came up with 6 of the best copper-gold porphyry drill results in the world. Cuerpo 3 remains the biggest of the four porphyries that have been discovered so far. With its high grade bulk tonnage underground and shallow high grade bulk tonnage open pit source, Cortadera has the potential to become a large-scale mining operation and be awarded with a Tier1 status.
Hot Chili is an ASX-listed copper developer, headquartered in Australia and with operations in Chile. Our focus is copper mining, and in February of 2019, Hot Chili entered into a transformational agreement to acquire a 100 percent interest in a copper-gold porphyry discovery—Cortadera. Since then, our discovery program has produced six world-class best copper-gold drill results from the largest of the four porphyries thus far identified at Cortadera, with a maiden resource of 451Mt of copper grading 0.46% CuEq (copper equivalent), which takes the total Mineral Resource estimate for Costa Fuego (Cortadera, Productora & El Fuego) to 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum.
Hot Chili’s project portfolio includes three exciting projects—Cortadera, Productora, and El Fuego—that are located within a 20km radius, and which, in time, we plan to consolidate into a major coastal copper-mining hub called Costa Fuego. There are very few junior miners that have as large a copper-gold inventory as Hot Chili.
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$10,724.50 / tn USD
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