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Hot Chili Ltd.

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Summary

Project:

Productora

Deposit:Cortadera
Location:Chile
Commodities:Gold-Copper-Silver-Molybdenum
Date:12/4/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-12-2019: Hot Chili Ltd. announces an Exploration/Drilling Update report for its Cortadera deposit at the Productora project. Drilling results incl. 972m @ 0.5% Cu, 0.2g/t Au, 0.9ppm Ag, 49ppm Mo from 0m. Hot Chili Limited (ASX code HCH) (“Hot Chili” or
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Christian Easterday (Internal)
ABSTRACT:Hot Chili Limited (ASX code HCH) (“Hot Chili” or “Company”) is pleased to announce its best drill intersection so far from the Cortadera copper-gold porphyry discovery in Chile. The new result from diamond drill hole CRP0020D recorded close to a 1km intersection from surface and confirmed extensive high grade copper and gold across the core of the largest porphyry discovered to date at Cortadera. Hot Chili's Managing Director Christian Easterday said the result from CRP0020D is stunning and stands as one of the best discovery drill results recorded across the world in 2019. "Cortadera is continuing to outperform expectations the Company had set following our announcement of a deal to acquire the privately-held discovery in February this year. "We have recorded many stand-out drill results this year, but this latest 972m drill result from surface firmly announces Cortadera's arrival on the global copper stage. "In little over 9 months we have transformed the growth trajectory for our Company and outlined what could become the world’s next Tier-1 copper-gold discovery."

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