Abiopharma

Hot Chili Limited is a copper explorer with an advanced portfolio of low altitude, porphyry copper-gold projects in Chile. The company listed in 2010 on the ASX and in 2021 on the TSXV. It has spent the past 12 years acquiring, developing and proving up the resources at its Costa Fuego project, as well as securing access to water, power and mining infrastructure surface rights. The Costa Fuego landholdings, contains an Indicated Resource of 725Mt grading 0.47% CuEq (copper equivalent), containing 2.8 Mt Cu, 2.6 Moz Au, 10.4 Moz Ag, and 67 kt Mo and an Inferred Resource of 202 Mt grading 0.36% CuEq containing 0.6Mt Cu, 0.4 Moz Au, 2.0 Moz Ag and 13 kt Mo, at a cut-off grade of +0.21% CuEq for open pit and +0.30% CuEq for underground. (ASX Announcement 31st March 2022 and Technical Report NI 43-101 dated 13 May 2022). The company has announced its preliminary economic assessment (PEA) which estimates a post-tax Net Present Value (NPV) of US$1.1bn using a copper price of US$3.85/lb and a gold price of US$1,750/oz. The PEA contemplates a 16-year mine life for open pit and underground operations with 112ktpa CuEq average production a year. (Announcements dated 28 June 2023). Costa Fuego delivers the advantage of being a low-altitude, no arsenic, infrastructure- and permit-ready project. Our executives, directors, and technical staff are based in Australia and Chile. Together, they have many decades of experience in the copper mining industry.

Additional info from OTC:
Hot Chili Limited is a copper explorer with an advanced portfolio of low altitude, porphyry copper-gold projects in Chile. The company listed in 2010 on the ASX and in 2021 on the TSXV. It has spent the past 12 years acquiring, developing and proving up the resources at its Costa Fuego project, as well as securing access to water, power and mining infrastructure surface rights. The Costa Fuego landholdings, contains an Indicated Resource of 725Mt grading 0.47% CuEq (copper equivalent), containing 2.8 Mt Cu, 2.6 Moz Au, 10.4 Moz Ag, and 67 kt Mo and an Inferred Resource of 202 Mt grading 0.36% CuEq containing 0.6Mt Cu, 0.4 Moz Au, 2.0 Moz Ag and 13 kt Mo, at a cut-off grade of +0.21% CuEq for open pit and +0.30% CuEq for underground. (ASX Announcement 31st March 2022 and Technical Report NI 43-101 dated 13 May 2022). The company has announced its preliminary economic assessment (PEA) which estimates a post-tax Net Present Value (NPV) of US$1.1bn using a copper price of US$3.85/lb and a gold price of US$1,750/oz. The PEA contemplates a 16-year mine life for open pit and underground operations with 112ktpa CuEq average production a year. (Announcements dated 28 June 2023). Costa Fuego delivers the advantage of being a low-altitude, no arsenic, infrastructure- and permit-ready project. Our executives, directors, and technical staff are based in Australia and Chile. Together, they have many decades of experience in the copper mining industry.