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About Us — Chilean Copper Company

Hot Chili Ltd (ASX/TSXV: HCH, OTCQX: HHLKF) is well positioned to benefit from the looming structural shortfall in the most critical commodity of them all – copper.  The Company aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper project, located in a low elevation and accessible region of northern Chile.  Costa Fuego is rated by S&P Global Market Intelligence (2022) as one of the top 10 “low risk” undeveloped copper projects globally.


With substantial mineral resources already defined and an active drill program testing new targets underway, Hot Chili provides substantial leverage to the copper price due to the size, quality and low economic hurdle location of its resource base. Costa Fuego has an indicated resource of 2.8Mt Cu, 2.6Moz Au and 67kt of Mo (in 725Mt) and inferred resource of 0.6 Mt Cu, 1.2 Moz Au and 13kt Mo (in 202Mt).  


Hot Chili recently obtained secondary listings on the TSXV and OTCQX to better align with the exchanges of its global copper peer group.  The Company aims to narrow the relative valuation gap between large Australian copper developers and their North American listed peers, particularly as the general market starts to appreciate the medium term structural deficit in copper – the critical commodity – and the copper price required to incentivize new production.

Our Mission

Hot Chili has three key copper projects—Cortadera, Productora, and El Fuego—all located in close proximity to one another. In developing these projects, our copper exploration and development company seeks to create a new mining hub on the coastal range of Chile called Costa Fuego. We believe this kind of project portfolio is unique among junior copper mining companies.

Key Projects

The company’s Costa Fuego Project is known for its indicated resource of 2.8 million tonnes of copper and 2.6 million ounces of gold, as well as an inferred resource of 0.6 million tonnes of copper and 0.4 million ounces of gold. Hot Chili has completed a 47,000-meter resource definition drilling program and updated the mineral resource estimate, as a key step in its ongoing pre-feasibility study.


The asset is ideally located with respect to infrastructure: the planned concentrator is only 55 kilometers away from a significant port and seawater pipeline intake (permit granted); and 18 kilometers from a major power substation; the deposits are split by the dual-lane PanAmerican Highway and are 17 kilometers from a significant mining town, while also being shielded from sight by hills.


After more than a decade of exploration, Hot Chili has conducted over 422,000 meters of drilling across Costa Fuego, and the project is poised to declare its production credentials.

Our Team

Hot Chili is led by an experienced management team that imparts confidence in its ability to become a major player in the copper industry. Our executives, directors, and technical staff are based in Australia and Chile. Together, they have many decades of experience in the copper mining industry, particularly in Chile and Latin America.

Christian Easterday, CEO and managing director, is an exploration geologist and leader with 20 years of experience working in top-tier companies worldwide.

Grant King, COO, is a mining engineer with over 20 years of experience in the mining industry, including 10 years consulting in tier-1 engineering firms.

Jose Ignacio Silva, country manager in Chile and chief legal counsel, combines his 15 years of global legal experience with chief geologist Andrea Aravena, who has more than 14 years of experience in the Chilean mining industry, and leads the field team to effectively and efficiently deploy capital into the ground.

Along with additional experts, such as Dr. Steve Garwin (chief technical advisor), Dr. John Beeson (lead structural geologist) and Elizabeth Haren (resource development), the management team has all the right skills to lead Hot Chili to success.