Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile

Rhea-AI Summary

Hot Chili announces the filing of a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile. The report supports the previous Mineral Resource Update release and is available for review on SEDAR+ and the Company's website.

PERTH, Australia, April 8, 2024 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for its Costa Fuego copper-gold project in Chile.

The report titled "Costa Fuego Copper Project NI 43–101 Technical Report Mineral Resource Estimate Update" and dated April 2024 with an effective date of February 26, 2024 (the "Technical Report"), was prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). It is available for review on both SEDAR+ (www.sedarplus.ca) and the Company's website (www.hotchili.net.au).

The Technical Report supports the news release dated 26 February 2024 announcing the Costa Fuego Copper-Gold Project Mineral Resource Update. This release is also available on SEDAR+ and at the Company's website. There are no material differences between the Technical Report and the information disclosed in the news release dated 26 February 2024.

This announcement is authorised by the Board of Directors for release to ASX and TSXV.

Hot Chili's Managing Director and Chief Executive Officer Mr Christian Easterday is responsible for this announcement and has provided sign-off for release to the ASX and TSXV

Technical Information

Scientific and technical information in this Announcement has been reviewed and approved by Mr Christian Easterday, the Managing Director of Hot Chili Limited who is a Member of the Australasian Institute of Geoscientists (AIG) and a Qualified Person as defined in NI 43-101.  For further information on Costa Fuego please see the Technical Report.

Christian Easterday Managing Director – Hot Chili		Tel:       +61 8 9315 9009 Email:  admin@hotchili.net.au
Penelope Beattie Company Secretary – Hot Chili		Tel:       +61 8 9315 9009 Email:  admin@hotchili.net.au
Harbor Access Investor & Public Relations		Email: graham.farrell@harbor-access.com Email: jonathan.paterson@harbor-access.com

or visit Hot Chili's website at www.hotchili.net.au

Disclaimer

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.

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SOURCE Hot Chili Limited

FAQ

What is the purpose of the National Instrument 43-101 Technical Report filed by Hot Chili ?

The report is for the Costa Fuego copper-gold project in Chile.

Where can the Technical Report be reviewed?

The report can be reviewed on SEDAR+ and Hot Chili's website.

Who is responsible for the announcement regarding the Technical Report?

Hot Chili's Managing Director and CEO, Mr. Christian Easterday, provided sign-off for the release.

What is the contact information for Hot Chili's Managing Director and Company Secretary?

Managing Director: Tel +61 8 9315 9009, Email: admin@hotchili.net.au. Company Secretary: Tel +61 8 9315 9009, Email: admin@hotchili.net.au.

Who can be contacted for Investor & Public Relations at Hot Chili?

Harbor Access handles Investor & Public Relations for Hot Chili. Email: graham.farrell@harbor-access.com, jonathan.paterson@harbor-access.com.