Hot Chili to Participate at the BMO Capital Markets Global Metals, Mining and Critical Minerals Conference
Hot Chili to Participate at the BMO
Capital Markets Global Metals, Mining
and Critical Minerals Conference
NEWS RELEASE BY HOT CHILI LIMITED
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Perth, Australia | February 27, 2023 07:01 AM Eastern Standard Time
HCH BMO Capital Markets 32nd Global Metals, Mining & Critical Minerals Conference Presentation
Hot Chili Limited (TSXV:HCH) (ASX:HCH) OTCQX:HHLKF) (the “Company” or “Hot Chili”) is pleased to
announce that it will be attending the BMO Capital Markets Global Metals, Mining and Critical Minerals
Conference in Florida. The event runs from February 26 to March 1, 2023.
CEO Christian Easterday will be hosting one-on-one institutional investor meetings during the conference.
The corporate presentation can be found on the company’s website.
HCH BMO Capital Markets 32nd Global Metals, Mining & Critical Minerals Conference Presentation
About Hot Chili Ltd
Hot Chili Ltd (ASX/TSXV: HCH, OTCQX: HHLKF) aims to build shareholder value through the acquisition,
exploration and development of high-quality copper assets in a low elevation and accessible region of
northern Chile. With substantial mineral resources already defined, the Company’s Costa Fuego Copper
Hub is well positioned to benefit from the looming structural shortfall in copper production due to its size,
quality and low economic hurdle location with 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). Costa Fuego is
rated by S&P Global Market Intelligence one of the top 10 “low risk” undeveloped copper projects globally.
Hot Chili has materially de-risked the potential future development of Costa Fuego, securing seawater
extraction rights, surface rights for mining activities, easement corridors for water and power pipelines, and
electrical connection to the national power grid as well as entering into a LOI with the nearby port of Las
Losas. Costa Fuego has exceptional ESG credentials due to the abundance of existing infrastructure,
amenability of ore processing using seawater, potential to operate Costa Fuego on a 100% renewable
power mix, minimal community impact and ability to drive growth in an economically deprived area. Hot
Chili’s growth trajectory continues with the recent announcement of further consolidation contiguous with
the bulk of its resources. This new, low-cost, acquisition contains near surface copper-gold porphyry
mineralization intersected in historic drilling that has yet to be followed up. The Company commenced an
initial 10,000m drill program in January 2023 to test highly prospective copper-gold porphyry targets along
strike of the existing porphyry cluster. 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 with its 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.
Certain statements contained in this news release, including information as to the future financial or
operating performance of Hot Chili and its projects may include statements that are "forward ‐looking
statements" which may include, amongst other things, statements regarding targets, estimates and
assumptions in respect of mineral reserves and mineral resources and anticipated grades and recovery
rates, production and prices, recovery costs and results, and capital expenditures and are or may be based
on assumptions and estimates related to future technical, economic, market, political, social and other
conditions.These forward-looking statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by Hot Chili, are inherently subject to significant technical,
business, economic, competitive, political and social uncertainties and contingencies and involve known
and unknown risks and uncertainties that could cause actual events or results to differ materially from
estimated or anticipated events or results reflected in such forward ‐looking statements.
Hot Chili disclaims any intent or obligation to update publicly or release any revisions to any forward‐looking
statements, whether as a result of new information, future events, circumstances or results or otherwise
after the date of this news release or to reflect the occurrence of unanticipated events, other than as may
be required by law. The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan",
"intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forward‐
looking statements.
All forward ‐looking statements made in this news release are qualified by the foregoing cautionary
statements. Investors are cautioned that forward ‐looking statements are not a guarantee of future
performance and accordingly investors are cautioned not to put undue reliance on forward ‐looking
statements due to the inherent uncertainty therein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news
release.
Contact Details
Investor Relations
Graham Farrell
+1 416-842-9003
Investor Relations
Jonathan Paterson
+1 475-477-9401
Managing Director
Christian Easterday
Company Website
https://www.hotchili.net.au/investors/
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