{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Hot Chili (ASX:HCH) - 2Blbs of Copper is Achievable & Attractive","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/60a1396a\"></iframe>","width":"100%","height":180,"duration":1278,"description":"Interview with Christian Easterday, Managing Director & CEO of Hot Chili Ltd.Our previous interview: https://www.cruxinvestor.com/posts/hot-chili-asxhch-advancing-low-cost-large-scale-copper-gold-project-in-chile-6048Recording date: 10th February, 2025Hot Chili Limited (ASX:HCH) is an emerging copper-gold developer that has consolidated a major land position along the Chilean coastal range. After years of diligent exploration and strategic acquisitions, the company is on the cusp of a transformational re-rating as it rapidly advances its Costa Fuego project towards development.At the heart of the Hot Chili story is Costa Fuego - a cluster of large-scale copper-gold deposits that the company has systematically pieced together over the last decade. Costa Fuego already boasts a resource base of 724Mt grading 0.48% CuEq for 2.9Mt Cu, 2.7Moz Au, 9.9Moz Ag and 64kt Mo, putting it among the largest copper development projects globally. But recent exploration success suggests this is just the beginning.The game-changer is the new La Verde discovery, situated just 30km from Costa Fuego's planned processing hub. Wide drill intersections like 320m @ 0.3% Cu, 0.1g/t Au and 202m @ 0.6% Cu, 0.3g/t Au confirm La Verde as a large-scale, bulk tonnage porphyry system in its own right. Importantly, mineralization begins from surface, making it ideal for open pit extraction. Eight of the first twelve holes drilled ended in mineralization, hinting at the depth potential yet to be unlocked.La Verde looks to be a carbon copy of the company's Cortadera discovery, a neighboring porphyry that extends beyond 1.2km vertical depth. Cortadera underpins 70% of Costa Fuego's current resource base, so it's no wonder that the market is sitting up and taking notice of La Verde's early drill results. Hot Chili has already expanded the La Verde footprint to 550m by 400m and is now stepping-out to test a potentially much larger porphyry system masked by shallow gravel cover.Aside from outstanding...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}