An announcement from Hot Chili Limited ( (AU:HCH) ) is now available.
Hot Chili Limited has announced a Preliminary Feasibility Study (PFS) and a maiden ore reserve for its Costa Fuego Copper-Gold Project in Chile, highlighting strong economic potential with a post-tax NPV of US$1.2 billion and an IRR of 19%. The project is expected to have a multi-decade mine life with top-quartile copper production scale and low capital intensity, positioning it as a low-risk development. Additionally, Hot Chili has confirmed a major copper-gold porphyry discovery at La Verde, which could significantly enhance the project’s economics. The company is also advancing strategic funding discussions and exploring asset-level investment opportunities for the Costa Fuego and Huasco Water projects.
More about Hot Chili Limited
Hot Chili Limited is a mining company focused on the exploration and development of copper and gold projects, primarily operating in coastal Chile. The company is dual-listed on the Australian Securities Exchange (ASX) and the TSX Venture Exchange (TSXV), and it aims to leverage its strategic assets to capitalize on the rising demand for copper.
YTD Price Performance: -42.00%
Average Trading Volume: 41,537
Technical Sentiment Signal: Buy
Current Market Cap: $43.63M
For an in-depth examination of HCH stock, go to TipRanks’ Stock Analysis page.