Hot Chili Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Christian Ervin Easterday
- Full Time Employees
- 29
- Sector
- Basic Materials
- Industry
- Copper
- Address
- 768 Canning Highway Applecross WA Australia 6153
- IPO Date
- Feb 27, 2015
- Website
- hotchili.net.au
- Similar Companies
- Business
- Hot Chili Limited Hot Chili Limited engages in mineral exploration and development, primarily focused on copper-gold deposits and associated water supply solutions in Chile's Atacama region. The company explores and develops copper, gold, silver, and molybdenum deposits through its flagship Costa Fuego copper-gold project, which encompasses the Cortadera, Productora, and San Antonio deposits located south of Vallenar; the nearby La Verde copper-gold porphyry discovery, serving as a priority exploration target; and the Huasco Water project, featuring the only granted maritime concession for seawater extraction and treatment in the Huasco Valley to support mining operations and regional industrial needs. Hot Chili Limited offers seawater processing for enhanced mineral recoveries, conventional open-pit mining and processing delivering clean copper concentrates without deleterious elements, and staged desalinated water supply networks targeting copper-gold projects, agriculture, and industry in water-scarce areas. Founded in 2008 and headquartered at 768 Canning Highway, Applecross, Australia, the company operates principally in northern Chile's coastal range, leveraging proximity to the Pan-American Highway, existing power infrastructure, and port facilities. Recent developments include the release of pre-feasibility studies in March 2025 for both Costa Fuego, outlining a 20-year mine life with 116 thousand tonnes per year of copper equivalent production over 14 years of primary output, and Huasco Water, confirming economic viability for regional supply expansion; registration of these projects with Chile's environmental authority in April 2025; filing of an NI 43-101 technical report in May 2025; initiation of an asset-level strategic partnering process with BMO Capital Markets, assessing multiple non-binding proposals; and an A$14 million rights issue in August 2025 to fund partnering efforts and a maiden resource estimate at La Verde.
Record Quarters, Zero Relief: Copper's Gap Keeps Growing
Latest Drilling Lifts Growth Potential of La Verde's High-Grade Copper-Gold Core
Hot Chili Confirms Major High-Grade Extension at La Verde from Standout Drill Result of 62 m @ 1.03% CuEq¹ within 725 m @ 0.42% CuEq¹ from 18 m depth
Shallow High-Grade Cu-Au Results Continue at La Verde
Rapid Growth of High Grade Core Continues at La Verde
Drilling Confirms Large, Higher-Grade Core from Near-Surface at La Verde
Results of 2025 Annual General Meeting
First Diamond Drillhole Confirms Gold-Rich Major Copper Discovery in Coastal Chile
2025 Annual General Meeting
Regulatory Green Light Paves Way for La Verde Cu-Au Discovery Expansion Drilling
Diamond Drilling Commences at La Verde Cu-Au Porphyry Discovery
Announcement - Entitlement Offer Fully Subscribed
Hot Chili Quarterly Report Period Ending June 30, 2025
District-Scale Porphyry Cluster Potential Emerging at La Verde Cu-Au Discovery
Hot Chili Announces Latest Drill Results for La Verde, Doubling Porphyry Discovery Footprint
Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile
Hot Chili Adds Mine Build Credentials with Appointment of New Chair and Project Director
Hot Chili Announces Registration of Costa Fuego and Huasco Water for Priority Status by Chilean Ministry of Economy
CORRECTION - Hot Chili Announces PFS for Huasco Water & MOU for Seawater Supply to Costa Fuego
Hot Chili Announces PFS for Huasco Water & MOU for Seawater Supply to Costa Fuego