Hot Chili Limited (ASX:HCH)

Positioned to capitalize on the impending copper supply deficit.

About Us

Hot Chili Ltd is well positioned to benefit from the looming structural shortfall in the most critical commodity of them all – copper.  The Company aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper project, located in a low elevation and accessible region of northern Chile.

Company Overview

Hot Chili Limited is an Australian-based mineral exploration company focused on advancing its flagship Costa Fuego Copper-Gold Project in Chile's Atacama Region. The Costa Fuego project consolidates the Cortadera and Productora copper-gold deposits, aiming to establish a significant mining hub in the region. The Cortadera deposit is a porphyry copper-gold discovery, while Productora is an advanced-stage copper-gold project. Additionally, the El Fuego Copper Project encompasses two historic underground mines, San Antonio and Valentina, further enhancing the project's potential.

Hot Chili Limited is listed on the Australian Securities Exchange under the ticker symbol HCH. The company is committed to building shareholder value through the growth and development of its high-quality Costa Fuego copper-gold project, which is located in a low elevation, accessible region of northern Chile. With substantial mineral resources and an active drill program testing new targets, Hot Chili provides substantial leverage to the copper price due to the size, quality, and location of its resource base.

Board & Management

Christian Ervin Easterday

Christian Ervin Easterday

Managing Director & CEO

Mr Easterday is a geologist and mineral economist with over 25 years’ experience in the mineral exploration and mining industry. He holds an Honours Degree in Geology from the University of Western Australia, a Masters degree in Mineral Economics from Curtin University of Technology and a Masters Degree in Business Administration from Curtin’s Graduate School of Business.

Mr Easterday has held several senior positions and exploration management roles with top-tier gold companies including Placer Dome, Hill 50 Gold and Harmony Gold, specialising in structural geology, resource development and mineral economic valuation. Over his career, Mr Easterday has been involved in various aspects of project negotiation negotiations and valuations covering gold, copper, uranium, iron ore, nickel, and tantalum resource projects in Australia and overseas.

Mr Easterday is a founding Director of Hot Chili and has led the Company as Managing Director since its listing on the Australian Securities Exchange in 2010. Mr Easterday is a Member of The Australian Institute of Geoscientists.

Roberto de Andraca Adriasola

Roberto de Andraca Adriasola

Non-Executive Director

Mr de Andraca Adriasola is a business manager with 25 years’ experience in the financial and mining business.  Over the last five years he has been working in the main Iron Ore and Steel Producer in Chile, CAP S A. He also oversaw the construction of the first desalination plant dedicated 100% to producing water for mining companies in the north of Chile.  Mr de Andraca Adriasola has finance experience working at Chase Manhattan Bank, ABN Amro and Citigroup, working both in Chile and in New York and holds an MBA from the Adolfo Ibanez Business School of Chile.  He is a director of Puerto Los Losas, a port in the Atacama Region of Chile. He was elected to the board of directors of CAP S.A. on April 18th 2017, until that date he held the position of VP of Business Development.

Mark Jamieson

Mark Jamieson

Non-Executive Director

Mr Jamieson is currently General Manager Resource Engineering for Glencore’s global copper asset group leading technical support and governance in geology, mine engineering and asset optimisation for development projects, operations and JV’s.

Mark brings 20+ years of technical and project experience in open pit and underground operations, including sub level and block cave mines with Newcrest, MMG and Barrick Gold across Australia, Africa, South East Asia and South America.

Mark holds a bachelor’s degree with honours in Geotechnical Engineering from RMIT University, and a Masters of Engineering Science in Mining Geomechanics from The University of New South Wales.

Mark’s appointment follows Glencore’s investment to acquire a 9.99% shareholding in Hot Chili through the Company’s A$40 million capital raising, as announced to the Australian Securities Exchange (ASX) on 6th August.

Grant King

Grant King

Chief Operating Officer

Grant King has 20+ years of experience in the mining industry, including underground contract mining, production roles and consulting for over a decade on mine studies and financial modelling. Grant holds an Honours Degree in Mining Engineering from the University of Queensland, a Master of Science in Mineral Economics from the Curtin University of Technology and a First Class Mine Manager’s Certificate for the State of Western Australia. Prior to joining Hot Chili, Grant was a Principal Mining Engineer at the engineering firm Wood and consulted on projects across the Americas, Europe and Australia. Grant is a Fellow of the Australian Institute of Mining and Metallurgy.

José Ignacio Silva

José Ignacio Silva

Executive Vice President

Mr Silva gained his law degree at the University of Chile, and studied Masters in International Business Law at the University College London. He has 20 years’ experience in litigation, commercial and mining law and business negotiations and in Tier 1 law firms in Chile. Mr Silva has also completed 2 years’ work experience in London, UK in Financial Fraud at the Serious Fraud Office, where his team successfully prosecuted a high level case of corruption of foreign officials. Mr Silva has been working with Hot Chili since July 2009 and in 2011 became Chief Legal Counsel. He is responsible for mining rights acquisitions, mining consolidation, deal negotiations and business development among other things, working directly with the board of Hot Chili.

Carol Marinkovich

Carol Marinkovich

Company Secretary

Carol has over 25 years’ experience in the mining industry. She has extensive experience in Company Secretary and Corporate Governance Practices, both within Australia and Internationally working with companies in the ASX200, ASX300 and for other listed junior explorers.

Carol is currently the Company Secretary for Alvo Minerals and AuMEGA Metals.

Carol is a Member of the Governance Institute of Australia and the Institute of Chartered Secretaries and Administrators in London.

Ryan Finkelstein

Ryan Finkelstein

Chief Financial Officer

Mr Finkelstein is a seasoned Chartered Accountant with over 16 years of experience, including 10 years in audit at a global mid-tier accounting firm. Over the last two years he has provided CFO services to ASX listed entities in the mining sector and has held the position of Chief Financial Officer at ASX/TSX-V listed AuMEGA Metals Ltd (formally Matador Mining Ltd) since April 2023.

Mr Finkelstein possesses significant leadership experience in strategy, compliance, corporate governance, risk management, accounting standards, and regulatory requirements.

Kirsty Sheerin

Kirsty Sheerin

Resource Development Manager

Kirsty is a Resource Geologist with over 13 years’ experience in the mining industry, including underground gold mining and international consulting in resource geology.

She has worked previously as a Senior Resource Geologist for Northern Star Resources and Principal Geology Consultant for OreTeck Mining Solutions.

Andrea Aravena

Andrea Aravena

Geology Manager – Chile

Ms. Aravena is a geologist from Universidad de Concepción, Chile with over a 13 years’ experience in Chile´s mining and exploration industry. She has also completed further studies in project and operational management in Pontificia Universidad Católica de Chile. Before joining Hot Chili, she has worked 4 years as a mine/exploration geologist in open pit and underground gold operations for Yamana and Minera Dayton companies.

Ms. Aravena joined Hot Chili in 2011 as a senior geologist and has worked extensively supervising and running Productora, El Fuego and more recently Cortadera exploration drill programs, managing the field team and company contractors, ensuring compliance to the company standard operating procedures. Ms. Aravena was contributory to the completion of Productora Pre-Feasibility study and continues supporting legal and environmental permitting for the current company operations.

Marcelo Hernando

Marcelo Hernando

Development Manager – Chile

Marcelo Hernando has 20+ years of experience in the mining, energy, and infrastructure sectors. Marcelo is a Civil Mining Engineer graduated with highest distinction from the University of Santiago, Chile.

Prior to joining Hot Chili, Marcelo held various roles at WOOD, including Operations Manager and Director of Business Development South America, achieving significant contract awards and implementing client account plans, managing operations in Chile, and leading a team of 120 consultants. Marcelo is registered as a Competent Person with the Commission for the Qualification of Competencies in Mineral Resources and Reserves of Chile.

Cristóbal Julia

Cristóbal Julia

Environmental Manager – Chile

Cristóbal is a Geographer with more than 15 years of professional experience in managing environmental issues and community early engagement, ranging from mining to utility-scale renewables projects.

He is focused to contribute to the company with the sustainability of the mining project, following the compliance of local and international standards and environmental regulation. His broad experience in environmental impact assessment and permitting has given him the ability to build long term relationships with neighbouring communities and stakeholders, including Indigenous communities.

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