Filo Corp (TSX: FIL) has released the latest assay results from ongoing exploration at the Filo del Sol project. Drilling on site began in September, with nine drill rigs currently active at the project.
Highlights from the results include:
- FSDH107: 0.92% copper equivalent (0.55% copper, 0.35 g/t gold, 12.6 g/t silver) over 1,270 metres from a depth of 298.0 metres
- Including 1.13% copper equivalent (0.78% copper, 0.41 g/t gold, 5.3 g/t silver) over 624.0 metres
- FSDH112: 0.61% copper equivalent (0.46% copper, 0.16 g/t gold, 4.9 g/t silver) over 1.282.5 metres from a depth of 96.0 metres
- FSDH113: 0.64% copper equivalent (0.50% copper, 0.17 g/t gold, 2.1 g/t silver) over 833.7 metres from a depth of 532.3 metres
- FSDH116: 0.46% copper equivalent (0.15% copper, 0.39 g/t gold, 2.2 g/t silver) over 610.0 metres from a depth of 22.0 metres
The latest assays have resulted in the expansion of the Aurora zone by 300 metres to the west, with mineralization now believed to have an east-west width of 700 metres. Meanwhile at the Tamberias zone, a gold rich porphyry has been confirmed, expanding the footprint of the overall deposit.
READ: Filo Corp. Shareholders Approve Acquisition by BHP and Lundin Mining
Approximately 9,500 metres of drilling in aggregate has been conducted since the resumption of drilling in September.
Filo Corp last traded at $32.81 on the TSX.
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