#Australia #Costa Fuego #Perth #Hot Chili Ltd #Copper-Gold Project

Hot Chili Ltd's Significant Leap Forward in Chile

Hot Chili Limited, a resource company based in Australia, recently made a notable advancement in their Costa Fuego copper-gold project by filing an independent technical report on SEDAR+. This report is essential for understanding the project's viability and potential within the mining industry.

Placed under the title "Costa Fuego Copper Project NI 43–101 Technical Report Preliminary Feasibility Study", the report includes vital information regarding the project's feasibility and was finalized on May 9, 2025. The document communicates a thorough examination that adheres to the standards set out by National Instrument 43-101, which governs the disclosure requirements for mineral projects in Canada.

The timing of this report is particularly significant since it bolsters the previous announcement made on March 27, 2025, where Hot Chili disclosed the positive outcomes of their pre-feasibility study concerning the Costa Fuego project. Investors and stakeholders alike can expect the report to outline the project's potential, market opportunities, and its expected contributions to the copper-gold sector, especially given the growing demand for these crucial minerals.

Technical Insights
The document contains a wealth of scientific and technical insights curated under the supervision of Mr. Christian Easterday, the Managing Director of Hot Chili. A member of the Australasian Institute of Geoscientists, Mr. Easterday is recognized as a Qualified Person— a designation that adds weight and credibility to the report’s findings. Investors can rest assured that the information in this report has been scrutinized for accuracy and relevancy, providing a clearer picture of the Costa Fuego project's scope and potential.

Availability of Information
The report is readily available for viewing, both on the SEDAR+ platform (www.sedarplus.ca) and on Hot Chili's official website (www.hotchili.net.au). Such accessibility aligns with Hot Chili's commitment to transparency, ensuring that all stakeholders can review the findings and draw informed conclusions concerning investment opportunities.

Discerning investors will note a crucial assertion from this technical report: there are no material differences between its contents and the details shared in the March 27, 2025, news release. This suggests consistency in the Company's messaging, reinforcing confidence among current and prospective investors.

Conclusion
As Hot Chili continues to expand its footprint in Chile’s lucrative mining landscape, the technical report serves as a stepping stone that not only validates its previous analyses but also sets the stage for future developments in the Costa Fuego project. With increasing global demand for copper and gold, the project’s significance in not only the region but also on a broader scale is becoming even more pronounced. Investors and industry analysts are likely to keep a close eye on the evolving narrative surrounding this project, as it could hold the key to unlocking substantial value in metal resources.

For any further inquiries, stakeholders can reach out to Hot Chili's team—Christian Easterday and Company Secretary Carol Marinkovich, both available via email or phone—encouraging an open dialogue to discuss future prospects and strategies moving forward.

In conclusion, with a robust technical report now in hand, Hot Chili is well-positioned to leverage its findings and guide the Costa Fuego project toward a successful future in the mining industry.