Hot Chili Limited · ASX:HCH
Hot Chili — Virtual Copper Conference 2020
20 slides from Hot Chili's conference presentation, Jul 24, 2020
Slide 1: Right Place, Right Time
Producer For personal use only Developer Explorer Right Place, Right Time Virtual Copper Conference Gold Copper 24th July, 2020 I ASX code: HCH
Slide 2: Disclaimer
For personal use only 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 Pr
Slide 3: Right Place - Advancing on All Three Fronts
Right Place- Advancing on All Three Fronts For personal use only Producer First Cash Flow - Mining & Processing Just Commenced Developer Largest Junior ASX-listed Copper-Gold Resource Base Being Built Explorer Cortadera – A World Class Copper-Gold Discovery Growing Rapidly Hot Chili Presentation 3
Slide 4: Right Time - In-Demand Commodities
Right Time- In-Demand Commodities Copper Price US$2.94/lb For personal use only COVID Slump Gold Price US$1,876/oz Source: KITCO, 24th July 2020 Hot Chili Presentation 4
Slide 5: Consolidation of Major Coastal Copper Hub in Chile
Consolidation of Major Coastal Copper Hub in Chile For personal use only Cortadera Copper Project Productora Copper Project El Fuego Copper Project Hot Chili Presentation 5
Slide 6: Rare Development Setting - Low-Altitude Infrastructure Access & 50km to Port
Rare Development Setting - Low-Altitude Infrastructure Access & 50km to Port For personal use only Huasco Pan American Maintencillo Power Highway Substation Freirina Los Losas Port (CAP) Seawater Pipeline Easement Vallenar Regional Granitoids Power Transmission Line Easement Valentina Productora Cop
Slide 7: Productora: First Revenue & Plans to Expand
Productora First Revenue & Plans to Expand For personal use only • Lease mining & processing commences 4 months ahead of schedule with Chilean government agency ENAMI • No capital or operating cost requirement to Hot Chili • 120,000 tonne per annum, HCH (80%) paid US$2/t of ore and 10% royalty on sa
Slide 8: First Mining at Santa Innes UG mine
First Mining at Santa Innes UG mine For personal use only Refer to ASX Announcements “Mining Commences at Productora Four Months Ahead of Schedule” (22nd July 2020) Hot Chili Presentation 8
Slide 9: ENAMI Plant 15km trucking distance
ENAMI Plant 15km trucking distance For personal use only Refer to ASX Announcements “Mining Commences at Productora Four Months Ahead of Schedule” (22nd July 2020) Hot Chili Presentation 9
Slide 10: Cortadera
“One of the most significant copper-gold For personal use only porphyry discoveries of the past decade in Chile ” CORTADERA • Deal to acquire in Feb 2019 • Delivering world-class drill results by July 2019 Hot Chili Presentation 10
Slide 11: A World-Class Copper-Gold Discovery Emerging on the Chilean Coastline
A World-Class Copper-Gold Discovery Emerging on the Chilean Coastline For personal use only • In December Hot Chili delivered one of the best copper-gold drill results globally for 2019 from the Cortadera discovery • 972m grading 0.5% copper and 0.2g/t gold from surface (including 412m grading 0.7%
Slide 12: Leading Global Copper-Gold Discovery
Leading Global Copper-Gold Discovery Six of the World’s Best Cu-Au Drill Results Recorded Since Jan 2018 For personal use only Project Name Company Country Hole ID From (m) To (m) Interval (m) Cu (%) Au% Altar Aldebaran Resources Inc Argentina ALD-18-209 482 1,537 1,055 0.5 0.2 Cascabel SolGold Plc
Slide 13: Cuerpo High Grade Core - Robust & Growing
Cuerpo 3 High Grade Core- Robust & Growing For personal use only Average Grade Ranges 0.7% - 0.9% Copper & 0.3 – 0.4g/t Gold Large Underground development option adds to Open Pit potential Favourable grade range to reserve grade of other large underground copper mines - ▪ Cadia East (Newcrest) Austr
Slide 14: Further Expansion Drilling Underway
Further Expansion Drilling Underway Cortadera Porphyry Discovery For personal use only Cuerpo 2 Cuerpo 3 Cuerpo 1 1000RL CPP0016D 350m DD tail complete (Results Pending) CPP0042D Abandoned at 954m depth (Results 500RL Pending) High Grade Core (+0.4% Cu) Copper Model (+0.1% Cu) 0RL No Drilling- Poten
Slide 15: Discovery Context Scale/Grade/Depth
Discovery Context Scale/Grade/Depth SolGold - Cascabel (Ecuador) Long-section Hot Chili - Cortadera (Chile) Long-section For personal use only Vertical Depth 0m 500m +0.4% Cu +0.1% Cu 0.9% CuEq 1,000m Very Limited drilling No drilling Alpala Bulk Resource (M&I, +0.21% CuEq) 1,500m 2.66Bt grading 0.5
Slide 16: Transforming to a Top ASX-listed Copper-Gold Stock
Transforming to a Top ASX-listed Copper-Gold Stock For personal use only Diamond drilling at Cortadera, 2020 HCH Current Market Cap of A$65M at 2.9c stock price • Drill rig turning, results flowing to continue growing Cortadera towards second resource target • Maiden resource for Cortadera and San A
Slide 17: Qualifying Statements
Qualifying Statements For personal use only Mineral Resource and Ore Reserve Confirmation • The information in this presentation that relates to Mineral Resources, Ore Reserve estimates and Production Targets on the Productora copper project was previously reported in the ASX announcement “Hot Chili
Slide 18: Productora JORC Compliant Mineral Resource
Productora JORC Compliant Mineral Resource Productora Project Higher Grade Resource, March 2016 For personal use only Grade Contained Metal Tonnage Cu Au Mo Copper Gold Molybdenum Deposit Classification (Mt) (%) (g/t) (ppm) (tonnes) (ounces) (tonnes) Indicated 166.8 0.50 0.11 151 841,000 572,000 25,
Slide 19: Qualifying Statements - Competent Person's Statement
Qualifying Statements Competent Person’s Statement For personal use only Exploration Results Exploration information in this Presentation is based upon work undertaken by Mr Christian Easterday, the Managing Director and a full-time employee of Hot Chili Limited whom is a Member of the Australasian
Slide 20: Hot Chili Limited
Hot Chili Limited For personal use only ACN 130 955 725 ASX: HCH Level 1, 768 Canning Highway, Applecross, Western Australia 6153 P: +61 8 9315 9009 F: +61 8 9315 5004 www.hotchili.net.au Cortadera Copper-Gold Porphyry Discovery Hot Chili Presentation 20