Gold $ 1791.40 9.80

Silver $ 26.25 0.13

Palladium $ 2866.10 69.60

Platinium $ 1216.60 19.00

Hot Chilie Limited, Proven and Probable

Hot Chili Presents at V-Con: Copper Conference – record prices, EV-led demand boom and early signs of a bull run

Diamond Drilling at Cortadera

Hot Chili (ASX:HCH) is pleased to provide a video presentation from Stockhead’s V-Con Copper Conference.

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players.

This latest video conference focuses on the copper sector.

Now is a great time to be a copper explorer or miner, with prices recently hitting nine-year highs.

This could just be the beginning of an extended +10 year bull run for the commodity – traditionally a bellwether for the health of the global economy, but increasingly a critical input into the production of electric vehicles.

By 2030, copper consumption in EVs — which averages 90kg vs 20kg in ICE vehicles — will represent 4.4mt of copper demand or around 13% of the total.

All up, a monstrous ~$US106 billion ($137 billion) must be spent on new copper production by 2028 to ensure an annual supply deficit of 5.4 million tonnes is met.

Speaking with industry experts, we hear about what’s in store for the red metal post-COVID-19.

We also hear from a handful of listed juniors making waves in the sector, each giving an overview of their activities, discoveries and future plans

Please click on the link below to access Hot Chili’s video presentation.

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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