The Conversation (0)
January 23, 2023
Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to present the Vancouver Resource Investment Conference Corporate Presentation.
Copper – The Key Critical Metal
Copper price set to drive higher, similar mkt fundamentals to lithium in 2019
- Global decarbonisation set to produce step-change in copper demand over next 10 years
- Advanced-stage, senior copper developments are rare and critical
- World requires 10 Escondida’s or 100 Costa Fuego’s producing in the next ten years to meet demand shift estimates
- Critically low stockpile levels + lack of new supply + rising demand
- Supply squeeze = price rise
Standout Senior Copper Developer
Near-term Growth Potential & Low Risk Development
Meaningful Scale
- 2.8 Mt Cu & 2.6 Moz Au (Ind) & 0.6 Mt Cu & 0.4 Moz Au (Inf) resource
- Largest undeveloped copper resource on ASX (not controlled by a major miner)
- One of only two +100ktpa copper developers in the world capable of production in next 5 years (not controlled by a major miner)
Low Risk & Growing
- One of the lowest-altitude, senior copper projects in the Americas
- Advanced permitting and backed by Glencore
- Growth focussed in 2023, two drill rigs operating
Click here for the full ASX Release
This article includes content from Hot Chili Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
HCH:AU
16h
AFDG - Embracing US strategy, acquisition of Butembo copper deposit in the DRC. Copper added to draft list of US strategic minerals
African Discovery Group (OTC:AFDG) ("AFDG" or the "Company") has signed a term sheet to acquire the Butembo Copper exploration license in the Democratic Republic of Congo (DRC) by acquiring 100% of the shares of SOCIETE GRABIN MINING SAS (the "Transaction"). With this proposed acquisition, AFDG... Keep Reading...
02 October
ACG Amends Terms of Gediktepe Royalty Agreement to Support Transition from Gold to Copper Production
ACG announces that the net smelter return royalty agreement dated 17 July 2019 (the "Royalty Agreement") originally entered into between Lidya Madencilik Sanayi ve Ticaret A.Ş. (which assigned its interest to ACG Holdco 1 Limited), Polimetal Madencilik Sanayi ve Ticaret A.Ş. ("Polimetal") and... Keep Reading...
01 October
African Discovery Group
AFRICAN DISCOVERY GROUP, INC. (AFDG or the "Company") acquired 100% of African Discovery Group, Inc., a Delaware corporation, in November, 2020. The Company's previous South African car rental business was spun off to the Company's former principals. Through its 100%-owned subsidiary, the... Keep Reading...
30 September
Preliminary data of Butembo Copper prospect, with near surface high-grade copper oxidized ore with grades of up to 18%
African Discovery Group (OTC:AFDG) (“AFDG” or the “Company”) has entered into a term sheet to acquire the Butembo Copper exploration license in the Democratic Republic of Congo (DRC) by acquiring 100% of the shares of SOCIETE GRABIN MINING SAS (the “Transaction”). The Butembo Copper project is a... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00