Hot Chili Limited · ASX:HCH
Hot Chili — Investor Presentation (February 2013)
20 slides from Hot Chili's investor presentation, February 2013
Slide 1: Emerging Major Copper Producer
ACN130 955 725 Emerging Major Copper Producer PRODUCTORA COPPER PROJECT CHILE February, 2013
Slide 2: Disclaimer
Disclaimer This presentation is provided on the basis that neither the Company nor its representatives make any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the Presentation and nothing contained in the Presentation is, or may
Slide 3: Achieving Growth & Development Milestones
Achieving Growth & Development Milestones One of Chile’s fastest emerging major new coastal range copper projects Resource at Productora near doubled in size in first major resource upgrade Second major resource upgrade due in 2H 2013 with large drilling programme underway Pre-feasibility ge
Slide 4: Corporate Overview
Corporate Overview Capital Structure Board of Directors 297.3 Million shares Murray Black Non-executive Chairman 24.3 Million unlisted 20c options (exp Nov 2013) Christian Easterday Managing Director 39.7 Million listed 75c options (exp Nov 2014) Allan Trench Non-executive Director Michael Anderson
Slide 5: Productora Resource Upgrade
Productora Resource Upgrade First upgrade near doubles resource Category Tonnage Grade (>0.3% Cu) Contained Metal (>0.3% Cu) Copper Gold Molybdenum Copper Copper Gold Molybdenum Copper Eq* Eq* (Mt) % (g/t) (g/t) % (Kt) (Koz) (Kt) (Kt) Indicated 70.6 0.6 0.1 140 0.8 420 260 10 560 Inferred 94.6 0.6 0
Slide 6: Shallow, at-surface resources growing
Productora Resource Upgrade Shallow, at-surface resources growing Average resource base depth of 400m- open-pit focused High grade from surface now stands at 53Mt grading 0.8% copper and 0.2g/t gold High grade zones in planned central pit development substantially enhances front-end economics
Slide 7: Increased high grade in planned central pit
Productora Resource Upgrade Increased high grade in planned central pit Second major zone of high grade, shallow material boosts inventory for starter pit options High grade zones to drive higher in-pit resources in planned central pit development 7
Slide 8: Shallow resources driving high in-pit conversion
Productora Resource Upgrade Shallow resources driving high in-pit conversion Dominantly Indicated resources in first 250m from surface 8
Slide 9: Majority of resource within planned central pit
Productora Resource Upgrade Majority of resource within planned central pit Planned Central Pit Development 9
Slide 10: Drilling underway for next major resource upgrade
Productora Resource Growth Drilling underway for next major resource upgrade Major drilling programme underway for 2013 - 85,000m RC and 15,000m DD Resource Growth 2nd Upgrade Due in 2H 2013 First Iron ore resources Due in 2H 2013 In-pit resource addition Focus for 2013 10
Slide 11: Conceptual/Scoping Study Successfully Completed
Conceptual/Scoping Study Successfully Completed On-track to be a major low-cost producer Concept/Scoping Study Parameters Processing Rate ~11Mtpa Strip Ratio 3.5-4.5 : 1 (Target strip ration of 4:1) Metallurgical Recovery >90% Cu, ~80% Au, ~75% Mo (coarse 180um grind size) Flowsheet Sulphide process
Slide 12: Pre-feasibility Given Go-ahead
Pre-feasibility Given Go-ahead Decision to mine in 2014 PFS based on February resource upgrade to 165.2Mt Second major resource upgrade 2H, 2013. Assessment for open cut mining, copper concentrator and associated infrastructure Three phases to PFS 1. A strategic optimisation phase - utilisin
Slide 13: Productora Infrastructure Location
Productora Infrastructure Location Infrastructure Major projects/mines Power substations Major town Port/Maritime Concession Fe Pellet Plant Rail Power Transmission lines Sealed Roads 0km 10km 20km Infrastructure proximity and low-altitude driving Do-ability 13 and significant time and cost benefi
Slide 14: Access to Nearby Infrastructure
Access to Nearby Infrastructure Reduce time and cost of development and operations Power – 17km of new high-voltage connection to major sub-station of central grid required Water – Sea water processing. 56km pipeline required. Accommodation – 15km south of major mining town of Vallenar (population c
Slide 15: Productora Growth & Development Timeline
Productora Growth & Development Timeline On-track to deliver further growth in 2013 Deliver PFS & Decision to Mine & Procurement & Potential Start Start DFS Project Financing Construction of mining 2013 2014 2015 2016 1st Cu-Au-Mo 2nd Cu-Au-Mo First Iron Ore Potential Cu-Au-Mo Resource Upgrade Resou
Slide 16: Drilling Commences at Second Major Copper-Gold Project
Drilling Commences at Second Major Copper-Gold Project Frontera Copper Project Hydrothermal alteration First-pass RC drilling programme Drilling commenced at Frontera copper-gold project 70km south of Productora and connected via sealed road and rail Large copper-gold porphyry drill confirmed
Slide 17: Coastal Production Hub in Chile
Coastal Production Hub in Chile Three year plan to emerge as major copper producer Production Hub Strategy for Region III and IV of Chiles coastal range Leverage off existing infrastructure advantage at Productora Advanced exploration and drilling underway at Banderas and Frontera, respectivel
Slide 18: Nine Month News Flow Outline
Nine Month News Flow Outline Growth and development focus Productora UG Mine Stopes St Innes UG decline View over Drill Coverage in Planned Central Pit Development Area, Productora Extensional drill results at Productora throughout 2013 First drill results from second major copper-gold project-
Slide 19: Qualifying Statements
Qualifying Statements Copper Equivalent Calculation (Cu Eq*) Copper Equivalent (also Cu Eq*) Calculation represents the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper percentage. These results are exploration results only and no allow
Slide 20: Hot Chili Limited contact details
“ the company is positioned as one of leading ASX emerging copper producers” Hot Chili Limited ACN 130 955 725 Level 1, 768 Canning Highway, Applecross, Western Australia 6153 P: +61 8 9315 9009 F: +61 8 9315 5004 www.hotchili.net.au ASX: HCH 20