HCH
Hot Chili Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| N. Bell | $63,200 |
Company News
Hot Chili grows La Verde discovery with strong new RC drilling results
Hot Chili (ASX: HCH) has further confirmed the potential of its La Verde copper-gold discovery with positive new reverse circulation (RC) drilling results. Located just 30 kilometres south of the company’s Costa Fuego copper-gold project and planned central processing hub, La Verde continues to provide large-scale appeal. Assays from 12 of the 19 RC holes […]
Hot Chili to acquire Cometa copper-gold project in Chile from Bastion Minerals
Hot Chili (ASX: HCH) has executed an option agreement with Bastion Minerals (ASX: BMO) for the right to acquire the Cometa project near its Costa Fuego copper-gold project in Chile. Cometa consists of exploration and mining concessions covering approximately 56 square kilometres. It is located 15km southeast of Costa Fuego’s planned operating centre and is […]
Nationalisation of Chile’s mining sector scrapped after constitutional assembly votes against proposal
Under the Chilean Government led by Gabriel Boric, plans to nationalise parts of the country’s mining sector have fallen through after the constitutional assembly voted against the movement. The major overhaul of potential mining rights in Chile, the world’s top copper producing nation, was rejected on Saturday, despite considerable efforts from the environmental commission. In […]
Hot Chili unearths 610m-wide copper intersection ahead of resource upgrade
Chilean copper-gold explorer Hot Chili (ASX: HCH) says drilling at its Cortadera North Flank continues with one hole returning at 610m intersection grading 0.4% copper and 0.1 grams per tonne gold from 216m down hole. It included a 138m interval grading 0.5% copper equivalent, or 0.6% copper and 0.1g/t gold. Cortadera is one part of […]
Hot Chili adds more value to Costa Fuego with identification of low-cost transport solution
A materials handling scoping study has identified a lower-cost solution for Hot Chili (ASX: HCH) to transport ore from its proposed Cortadera mine to the nearby Productora deposit for processing. According to Hot Chili, the scoping study has highlighted the potential for a low-cost rope conveyor to transport ore 15km downhill from Cortadera to Productora. The study […]
Hot Chili identifies more targets at Costa Fuego for resource expansion
Chilean copper-gold explorer Hot Chili (ASX: HCH) is readying to begin drilling newly identified large-scale exploration targets as it lifts its growth horizon at the Costa Fuego copper-gold hub. Costa Fuego is a wider project and comprises the combined Cortadera and Productora resources that lie 14km apart. Combined resource from the two deposits currently total […]
Hot Chili extends higher-grade copper mineralisation at Cortadera
Hot Chili (ASX: HCH) has hit higher-grade copper extensions across the northern flank of its Cortadera deposit in Chile. Drilling across the northern flank of the deposit’s Cuerpo 3 target (and main porphyry) unearthed 362m at 0.6% copper-gold equivalent (0.5% copper and 0.2 grams per tonne gold). Within this was an 82m higher grade zone […]
Hot Chili firms up majority ownership of Productora and Cortadera after oversubscribed raising
Following a $40 million capital raising earlier this month, Hot Chili (ASX: HCH) has firmed up its majority ownership of Productora by removing Compañia Minera del Pacifica’s (CMP) option to purchase an additional interest in the project. CMP secured a 20% stake in Productora back in May 2015 in exchange for providing critical infrastructure access […]
Hot Chili cashes in on mounting interest, raises $40m to advance Costa Fuego
Hot Chili (ASX: HCH) has cashed-in on the mounting interest in its activities at Costa Fuego copper project in Chile with the announcement it plans to raise $40 million. The $40 million raising will be split into a fully underwritten $4 million share purchase plan and $35 million private placement. As reported earlier this week, […]
Glencore scoops up 9.99% stake in Hot Chili for $14.4m, plus offtake deal
Hot Chili’s (ASX: HCH) ongoing copper exploration at Costa Fuego in Chile has attracted the attention of global major Glencore, with the company revealing today Glencore will acquire a 9.99% stake for $14.4 million. In a binding agreement between the parties, Glencore will acquire the interest in Hot Chili and appoint a director to its […]
