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Green Metals- Copper is the New Oil

View the Cortadera Copper Project

Diamond Drilling at Cortadera

Hot Chili (ASX:HCH) is pleased to provide the latest Commodities Research by Goldman Sachs, published 13 April 2021. 

An excerpt from the research is below:

No decarbonisation without copper. After a year of the global pandemic, with its supply chain disruptions, race for PPE, testing kits and vaccines, the critical importance of securing sufficient raw materials in combating society’s problems has never been more in focus. This importance extends to the next greatest challenge of our time: climate change. The critical role copper will play in achieving the Paris climate goals cannot be understated.

To read the research report in full please click on the link below.

Goldman Sachs Commodities Research: Green Metals- Copper is the new oil

Cortadera Copper Project

Cortadera’s maiden Mineral Resource positions Hot Chili with the largest copper Mineral Resource and one of the largest gold Mineral Resources for an ASX-listed emerging company. 

The Cortadera maiden Mineral Resource of 451Mt at 0.46% copper equivalent (CuEq) takes the total Mineral Resource estimate for Costa Fuego (Cortadera, Productora & El Fuego) to 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum. Cortadera also contains a higher grade component of 104Mt at 0.74% CuEq, and this has strong potential to continue growing rapidly with further drilling.

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Applecross, Western Australia 6153

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