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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
