Hot Chili Limited announced the commencement of a 40,000m drilling programme at the Cortadera copper-gold porphyry discovery, part of the company's Costa Fuego coastal range copper development in Chile. The company's fully funded 2021 work programme aims to continue building Costa Fuego toward a tier one copper project (+5Mt copper) from its current contained metal resource base of 2.9Mt copper and 2.7Moz gold. Drilling has been significantly accelerated from last year with two drill rigs currently in operation and a third rig expected to commence shortly in February. New results from drilling designed to expand the main high grade core at Cortadera have returned another set of strong intersections. New Results Continue to Expand the Main High Grade Core at Cortadera: A primary focus for the Company in 2021 is to expand the high grade core (defined as >0.6% CuEq*), currently sitting at 104Mt at 0.74% CuEq (as reported to ASX on 12th October 2020), within Cortadera's 451Mt Mineral Resource. Diamond drill hole CRP0052D returned a higher grade intersection of 80m grading 0.6% copper and 0.2g/t gold within a broader zone of 382m grading 0.4% copper and 0.1g/t gold from 524m down-hole depth along the south-eastern extent of the high grade core to the main porphyry (Cuerpo 3). In addition, the Company has recorded an exceptionally wide 750m interval of porphyry mineralization from a down-hole depth of 250m in diamond drill hole CRP0046D. The hole is currently at 1,000m in porphyry mineralization and is planned to extend to 1,200m at this stage. Importantly, within the wide 750m visual interval of mineralization, two zones of strongly mineralized porphyry have been recorded: 100m wide zone between 250m and 350m depth down-hole, and 170m wide zone between 550m and 720m depth down-hole Both zones of strongly mineralised porphyry comprise visual estimates of 1.0% to 2.5% chalcopyrite contained as fine dissemination and in association with 2% to 15% B-vein abundance. Visual estimates of sulphide minerals are not an accurate representation of expected assay value and are provided for indicative purposes only. The Company commenced a major drilling campaign at Cortadera on 11th January 2021 initially utilising two drill rigs with a third drill rig set to arrive in February. Each drill rig will focus on key growth areas within the Cortadera discovery window as well as other large satellite growth opportunities: Diamond drill rig 1 (in operation): Focus on Cuerpo 3 resource addition: bulk expansion and high grade growth; Currently drilling CRP0046D, a further 8 holes planned. Diamond drill rig 2 (planned to start in February): Focus on large growth potential within the Cortadera discovery window outside of Cuerpo 3; Three deep pre-collar holes complete and ready to test Cuerpo 2 and gap zone, a further five holes planned. Reverse Circulation drill rig 1 (in operation): Focus on Cuerpo 1 and Cuerpo 4 open pit targets, pre-collar drilling and new large growth opportunities (Cortadera North etc); Currently drilling at Cortadera and planned to move to Cortadera North in February. The Directors look forward to an exciting year of news flow and the opportunity to continue growing Cortadera as one of the most significant global copper discoveries of recent time.