Hot Chili Limited · ASX:HCH
Hot Chili — Non-Deal Roadshow (December 2010)
16 slides from Hot Chili's roadshow presentation, December 2010
Slide 1: Chilean Projects Accelerating Activities
Chilean Projects Accelerating Activities December, 2010
Slide 2: Disclaimer
Disclaimer 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 and nothing contained
Slide 3: Overview
OVERVIEW 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 multi‐commodity commodity Uranium projects. Major land positions over three projects: • Productora P
Slide 4: Progress Since IPO
May Progress Since IPO AU$8 M IPO Commence work Jun Productora surface results Los Mantos surface results Jul Aug Extensions to Productora Sep Commence maiden drilling Central lease Productora Oct drilling commences $4 65 Million $4.65 Milli Cap C Raising R i i Nov First drill results Accelerate dri
Slide 5: Productora (1)
Productora (1) Commodity/Target Class • Cu, Mo, Au, U, Co, REE (IOCGU) ( ) Location/ Partners Vallenar • Coastal Range g ((maximum 1,000m , elevation)) • Region III, 20km south of Vallenar Productora Mine Decline Portal • Adjacent to sealed road and rail rail, 40km to port Santiago • CMP‐ major part
Slide 6: Productora (2)
Productora (2) HCH‐‐ Accelerating Activity HCH • Soil programme outlines +4km radiometric footprint correlating with southern IP chargeability anomaly Vallenar • Positive surface results: Historical Exploration Results • 802ppm uranium, 8.39% copper, • 15.8g/t g/ ggold and 894ppm pp molybdenum y San
Slide 7: Productora (3)
Productora (3) First Drilling Results Results‐‐ Central Area • 12 of 13 holes record significant intersection Vallenar • 3 of 4 widest intersections finish in mineralisation • 800m extension of breccia zone south of mine area Santiago • First results reveal large tonnage resource potential in centra
Slide 8: Productora (4)
Productora (4) Vallenar Santiago Second RC drill rig commences- Productora 6
Slide 9: Productora (5)
Productora (5) • Continuous wide breccia zone revealed, affected by near‐ surface leaching (approx 70m of vertical leaching at Productora Mine) Preliminary Interpretation Vallenar Productora Mine (operating) Santiago A B St Innes Mine (abandoned) Main Breccia Zone 7
Slide 10: Section 6882245mN
A B Sec8on 6882245mN 7m@2.65% Cu Eq* 6m@0.98% Cu Eq* Surface (0.75% Cu) 800m RL Vallenar 18m@0.92% Cu Eq* 16m@1.28% Cu Eq* (0.84% Cu) Mantos style Depth of Leaching 13m@1.19% Cu Eq* (0.91%Cu) San8ago + 0.5% + 0.7% Cu Cu 700m RL 13m@1.36% Cu Eq* Breccia style 116m@0.92% Cu Eq* 15m@1.14% Cu Eq* (0.51%
Slide 11: Los Mantos (1)
Los Mantos (1) Commodity/Target Class • Cu, U, Au, Mo, Co , REE (IOCG + mantos /porphyry style) Location/Partners ocat o / a t e s La Serena • Coastal Range (maximum 1,000m elevation) • Region IV, 58km south of La Serena S f Surface mine i d development l at LLos M Mantos Santiago • Adjacent to seal
Slide 12: Los Mantos (2)
Los Mantos (2) Historical Work • No previous drilling, 40 yrs of mining, orebody Sediments exposed at surface over 2.5km strike HCH Work La Serena • Zoned metal distribution- uranium- molybdenum increasing at depth in southern Mantos zone Mineralisation Santiago Northern • Recent surface results: Zo
Slide 13: Los Mantos (3)
Los Mantos (3) Los Mantos Mine Infrastructure Activity Up Up‐‐date • Airborne radiometric and magnetic La Serena survey complete. Processing and imagery underway Santiago • 10,000m drilling programme ready for commencement • New clearing exposes rich at‐surface copper mineralisation in southern area
Slide 14: Milestones Ahead
Milestones Ahead 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 Expanded Resource Com
Slide 15: News Flow
NEWS FLOW Chile and France sign Working Agreement for Nuclear Energy Negotiations for Incremental Additions to Productora and Chile Norte Airborne Survey S r e Being Processed, rocessed Available A ailable shortly shortl Accelerating Drilling Activities Drilling Results Pending from Central & Extens
Slide 16: Qualifying Statements
Qualifying Statements 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 correction factors whic