Filo Mining Hits 1,077 Metres Of 0.52% Copper, Expands Deposit To The West

Filo Mining (TSX: FIL) continues to see results from a deep drilling campaign being conducted at its flagship Filo del Sol Project in Argentina. The firm late last night posted the results of three drill holes, which were intended to expand the size of the deposit to the west.

Highlights from the results include:

  • FSDH097: 0.52% copper, 0.25 g/t gold, 22.4 g/t silver, or 0.89% copper equivalent over 1,077 metres from 368 metres depth
  • FSDH098: 0.31% copper, 0.13 g/t gold, 2.1 g/t silver, or 0.42% copper equivalent over 953.8 metres from 410 metres depth
  • FSDH100: 0.38% copper, 0.35 g/t gold, 5.8 g/t silver, or 0.68% copper equivalent over 631.3 metres from 256 metres depth

The results are said to have expanded the deposit to the west along a 1.6 kilometre track, expanding it by 200 to 500 metres along that distance. Meanwhile the results from hole 100 are said to have expanded over 500 metres in depth beyond the current resource pit shell.

Drilling remains ongoing at the project, with nine drill rigs currently operating. Assays from seven holes remain outstanding currently.

Filo Mining last traded at $20.87 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

Filo Mining Intersects 0.58% Copper Over 1,356 Metres

Filo Mining (TSX: FIL) continues to see positive results from its drill program being conducted...

Thursday, November 24, 2022, 08:20:03 AM

Filo Mining Hits 0.70% Copper Equivalent Over An Eye-Popping 1,776 Metres

Filo Mining (TSX: FIL) continues to post eye-popping intercepts at its Filo del Sol Project,...

Friday, February 3, 2023, 08:26:48 AM

Filo Mining Hits 1,363 Metres of 0.77% Copper Equivalent

Filo Mining (TSX: FIL) continues to hit impressive intervals of copper mineralization at its flagship...

Tuesday, May 30, 2023, 08:59:32 AM

Haywood Lifts Filo Mining’s Price Target After Strong Assay Results

On May 23, Filo Mining (TSX: FIL) reported its assay results from holes FSDH055C and...

Sunday, May 29, 2022, 03:05:00 PM

Filo Mining Hits 1.13% Copper Equivalent Over 1,406 Metres In Infill Drilling

Filo Mining (TSX: FIL) continues to hit significant mineralization under its ongoing drill program, with...

Tuesday, August 22, 2023, 08:43:06 AM