Major copper-gold acquisition could transform Hot Chili into leading ASX developer
Finfeed
Archived
Feb 04, 2019
Hot Chili (ASX:HCH) has revealed the details of a potentially transformative transaction that it’s undertaking with well-regarded Chilean mining group, SCM Carola. Following 18 months of high-level discussions, Hot Chili has executed a binding memorandum of understanding (MoU) for an option to acquire a 100% interest in Carola’s large landholding, which adjoins HCH’s Productora and El Fuego copper projects in Chile.