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Hot Chili is an ASX-listed company, focused on copper exploration and mining. We aim to become one of the biggest copper miners in Chile. We have three exciting projects, all within close proximity of one another. By continuing to aggressively develop these projects, and by consolidating them into a copper-mining hub, we seek to be one of the largest copper miners operating in the world’s leading copper-producing jurisdiction.
Hot Chili is special among junior copper miners in Chile for the scale and quality of its copper-gold project portfolio. The company was started in 2008, and for most of the time since, was focused on developing two key projects: Productora, a large-scale copper-gold project that commenced production this year through partnership agreement with Chilean government-owned ENAMI, and El Fuego, a project which encompasses two historic high-grade mines that have seen minimal exploration using modern techniques and modelling.
Then, in February of 2019, we entered into an agreement to acquire a 100 percent interest in Cortadera. Cortadera was previously privately owned, and little was known publicly about the discovery. We subsequently released past drill results for the project and commenced an aggressive discovery program of our own. Since then, the Cortadera Resource of 451Mt at 0.46% CuEq has taken the total Mineral Resource estimate for Costa Fuego to 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum, and positions Hot Chili with the largest copper resource and one of the largest gold resources for an ASX-listed emerging company.
The Hot Chili Team
Our team consists of professionals based in both Australia and Chile. In comparing Hot Chili to other Chilean copper miners, our team’s wealth of experience is one of our greatest assets. Copper mining is what we do. Our executives, directors, and technical staff and advisors have extensive knowledge and experience in copper mining, particularly in Chile and Latin America.