Hot Chili Limited · ASX:HCH
Hot Chili — Resource Rising Stars Conference 2010
19 slides from Hot Chili's conference presentation, Sep 29, 2010
Slide 1: Chilean Projects Uranium-Copper-Gold
For personal use only Chilean Projects Uranium‐Copper‐Gold Resource Rising Stars Conference 28‐29 September, 2010
Slide 2: Disclaimer
Disclaimer For personal use only This presentation Thi i isi provided id d on the h basis b i that h neither i h theh Company C nor its i representatives i makek any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the Presentation
Slide 3: Overview: Large, Advanced Multi-Commodity Uranium Projects
OVERVIEW For personal use only Large Large, Advanced Multi‐ Multi‐Commodity Uranium Projects Hot Chili Limited is an ASX listed company that has secured major interests in three of Chile’s largest and most advanced multi‐ commodity Uranium projects. projects Major land positions over three projects:
Slide 4: Management
OVERVIEW For personal use only Management Non‐Executive Chairman‐ Murray Edward Black +35 years experience in mineral exploration. Several previous executive directorships and chairman roles for listed Australian mining and exploration companies. Significant experience in capital financing. Managing
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Established Regulatory Framework No regulatory encumbrances to exploring or exploiting uranium in Chile Largest Uranium Project in Chile The Company’s flagship Productora project is Chile’s l largest t and d mostt advanced d d uranium i project j t Uranium
Slide 6: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Advanced Projects‐ Projects‐ Two Operating Copper Mines Productora and Los Mantos, both have small‐scale active copper mining operations. Strong Local Partnerships Established Two of Chile’s largest local mining companies: CODELCO‐ World’s largest copper p
Slide 7: Progress Since IPO
Progress Since IPO For personal use only May AU$8 M IPO Closed early, oversubscribed Commence Work G h Geochem, mapping, i drill d ill design d i Jun Productora surface results Confirm fi potential i l off large l IOCGU Los Mantos surface Jul results Zoned copper‐uranium gold deposit Maiden Drilling
Slide 8: Project Summary
PROJECT SUMMARY For personal use only PRODUCTORA (65% earn‐in option and 100% purchase option agreements) • Over 75% of target mineralisation currently secure • Advanced stage ‐ operating UG mine, significant drilling, extensive supporting work • Target Mineralisation of 50 – 165 Mlb of U3O8, 0.6 –
Slide 9: Productora (1)
Productora (1) (Advanced Stage ) Commodity/Target Class For personal use only • U, Cu, Au, Mo, REE (IOCG ( + porphyry style)) Location/ Partners Vallenar • Region g III,, 20km south of Vallenar • 75% of target mineralisation secure Productora Mine Decline Portal • CMP CMP‐ major partner and 5% Share
Slide 10: Productora (2)
Productora (2) For personal use only • Productora Target Zone‐ CCHEN work indicating dilute average grades of 300 – 1,010 ppm U3O8 and true widths of 2‐15m Vallenar • Significant uranium exploration undertaken over Productora Target Zone (drilling, geochem, geophysics) Santiago • Preliminary soil pr
Slide 11: Productora (3)
Productora (3) For personal use only Target Mineralisation Copper Uranium Grade Range Tonnes Metal Grade Range Tonnes U3O8 (Cu %) (Mt) (Mt) (U kg/t) (Mt) (Mlb) Vallenar 12 1‐2 56 75 0.6 56‐75 0 6 ‐ 1.5 15 0 4 ‐ 1.0 0.4 10 56 75 56‐75 50 165 50‐165 REE Gold Grade Range Tonnes Metal Main Types Tonnes
Slide 12: Los Mantos (1)
Los Mantos (1) (Moderately Advanced Stage) Commodity/Target Class For personal use only • Cu, U, Au, Mo, REE (IOCG + mantos/porphyry style) La Serena Location/Partners • Region IV, 58km south of La Serena S f Surface mine i d development l at LLos M Mantos Santiago • 1 partner‐ 100% Purchase‐option
Slide 13: Los Mantos (2)
Los Mantos (2) Land Position (1,064ha) For personal use only • No previous drilling, 40 yrs of mining, orebody Sediments exposed at surface over 2.5km strike La Serena • Zoned metal distribution‐ uranium‐molybdenum increasing at depth in southern zone Mantos • Recent surface results: Mineralisation
Slide 14: Los Mantos (3)
Los Mantos (3) Los Mantos Mine Infrastructure For personal use only Target Mineralisation Copper Uranium Grade Range Tonnes Metal Grade Range (U Tonnes U3O8 (Cu %) (Mt) (Mt) kg/t) (Mt) (Mlb) La Serena 1.5 ‐ 2 30‐35 0.4 ‐ 0.7 0.1 – 0.6 30‐35 3 – 26 REE Gold Main Types Tonnes (Mt) Grade Range Tonnes M
Slide 15: Milestones Ahead
Milestones Ahead For personal use only P d t Productora Los Mantos Chile Norte 2010 2011 2012 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Commence Trading on ASX Exploration p Drillingg Programmes Resource Drilling Programmes Announce Preliminary Resource Resource Extensional D illi Programmes Drilling P Announce
Slide 16: Comparison with other World Uranium Deposits
Comparison with other World Uranium Deposits For personal use only U3O8 target mineralisation U3O8 total equivalent target mineralisation (credits of copper and gold) Grade (kg U3O8/t) Hot Chili Pre-Mined Resource (mt ore) Note: All uranium deposits in the world Data: CRU June 2009 14
Slide 17: Largest Uranium Deposits
20 Largest Uranium Deposits For personal use only U3O8 target mineralisation U3O8 total equivalent target mineralisation (credits of copper and gold) kt U3O8* Hot Chili * Note: Figures based on published resources as at Dec 2008. Limited to potentially economic deposits only Data: CRU June 2009 15
Slide 18: Key Points
KEY POINTS For personal use only Established Regulatory Framework Largest Uranium Project in Chile Urani m Copper, Uranium, Copper Gold Majority Ownership of Significant Projects Advanced Projects Projects‐‐ Two Operating Copper Mines Strong Local Partnerships Established 26,000m Drilling Programme
Slide 19: Qualifying Statements
Qualifying Statements For personal use only Disequilibrium Explanatory Statement eU3O8 refers to the equivalent U3O8 grade. This is estimated from gross gamma down‐hole measurements corrected for water and drilling mud in each hole. These results are provisional upon the application of calibration c