Assay TV caught up with Christian Easterday, Managing Director and CEO of Hot Chili Limited (ASX: HCH, TSXV: HCH, OTCQB: HHLKF), to discuss the company’s announcement of a significant mineral resource upgrade at their Costa Fuego Copper-Gold project in Chile.
Following a busy 18 months of exploration, and the major addition of Cortadera to the Costa Fuego Hub, the company has announced a 67% increase in its total Indicated Resource, bringing the Indicated numbers to 725Mt grading 0.47% CuEq for 2.8Mt Cu, 2.6Moz Au, 10.5Moz Ag and 67kt Mo.
With Costa Fuego rated among the world’s top 10 undeveloped copper projects and decarbonization driving demand for new copper mines, we discuss Hot Chili’s plans to rapidly advance its projects towards production and ambitions to deliver meaningful new copper tonnage into the coming supply gap.
Website: www.hotchili.net.au
Primary tickers: ASX:HCH, TSXV:HCH, OTCQB:HHLKF
Stages of development: Exploration, Development
Commodity: Copper
Project to promote: Costa Fuego Copper
Project location: Chile