ASX- and TSX-V-listed Hot Chili has executed an option agreement with ASX-listed Bastion Minerals for the right to acquire the Cometa project in Chile.
The project is near Hot Chili’s Costa Fuego copper/gold project in the coastal range of the Atacama region.
The execution of the option agreement follows a successful due diligence and is another step in Hot Chili’s consolidation strategy for the Costa Fuego copper project.