Hot Chili Reports No Change to Mineral Resource Estimates for Chile Project

MT Newswires Live
Yesterday

Hot Chili (ASX:HCH) released its annual mineral resources and ore reserves statement for the Costa Fuego project in Chile as of June 30, reporting no change to the previously disclosed mineral resource estimates, according to a Tuesday filing with the Australian bourse.

Indicated mineral resources are estimated at 2.9 million tonnes of copper, 2.6 million ounces of gold, 12.8 million ounces of silver, and 68,000 tonnes of molybdenum, per the filing.

Meanwhile, inferred mineral resources are estimated at 500,000 tonnes of copper; 400,000 ounces of gold; 2.3 million ounces of silver; and 12,000 tonnes of molybdenum.

The company also probable ore reserves at the project are estimated at 1.9 million tonnes of copper, 1.6 million ounces of gold, 8 million ounces of silver, and 49,000 tonnes of molybdenum.

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