HCH 0.00% $1.25 hot chili limited

Ann: Major Extension to Cortadera High Grade Zone, page-5

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    750m @ 0.8% CuEq with 146m @ 1% CuEq.

    Anything over 500m @ >0.6% CuEq is huge in these types of bulk tonnage scenarios. Cuerpo 3 is looking really really big and hopefully will attract a major now.

    Quick calc (and drilling still ongoing) Cuerpo 3 could contain as much as 350Mt @ 0.8% CuEq or 2.1Mt copper with gross IGV of A$14.7 billion.

    I believe a major will come now and hopefully the company doesn't give it away for peanuts!
 
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