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Hot Chili Ltd.

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Summary

Project:

Productora

Deposit:Productora
Location:Chile
Commodities:Gold-Copper-Molybdenum
Date:9/28/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-9-2018: Hot Chili Ltd. announces a Resource Estimation report for its Productora deposit at the Productora project. Mineral resource and reserve statement, unchanged since last estimate. Copper, Gold and Molybdenum Mineral Resources and Ore Reserves fo
Resources:(Reserve, Prob.): 166.9Mt @ 0.435 Cu, 0.09g/t Au, 138ppm Mo at Productora
CP/QP:[Resources]: J Lachlan Macdonald, N Ingvar Kirchner (Independent;AMC Consultants Pty Ltd.)
ABSTRACT:Copper, Gold and Molybdenum Mineral Resources and Ore Reserves for Hot Chili Ltd (ASX:HCH), as at 30th June 2016, are reported in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, December 2012 (the JORC Code) as required by the Australian Securities Exchange. The enclosed Annual Review of the Ore Reserves and Mineral Resources will be included in the Hot Chili 2016 Annual Report. Yours sincerely. This document outlines the Annual Review of Hot Chili Limited (Hot Chili or HCH) Mineral Resources and Ore Reserves (MROR) as at 30th June 2016. All Mineral Resource and Ore Reserve estimates are reported in accordance with the JORC 2012 standard and are based on, and fairly represent, information and supporting documentation prepared and approved by competent persons. The commodities for this review include copper (Cu), gold (Au) and molybdenum (Mo). Tonnage and quality information contained in the following tables has been rounded and as a result the figures may not add up to the totals quoted. While Hot Chili does not have a dedicated governance group, the Mineral Resource and Ore Reserve estimation processes followed internally are well established and are subject to systematic internal peer review. Independent technical reviews and audits are undertaken during estimation and signoff, and on an as-required basis.

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