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Filo Mining Corp.
Summary
| Project: | Filo del Sol | |
|---|---|---|
| Deposit: | Filo del Sol | |
| Location: | Argentina | |
| Commodities: | Copper-Gold-Silver-Molybdenum-Arsenic | |
| Date: | 5/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 17-5-2017: Filo Mining Corp. announces an Exploration/Drilling Update report for its Filo del Sol deposit at the Filo del Sol project. Drilling results incl. 71m @ 0.26g/t Au, 2.06% Cu, 2.4g/t Ag from 176m. May 17, 2017: Filo Mining Corporation (TSX-V: FI | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bob Carmichael (Internal) | |
| ABSTRACT: | May 17, 2017: Filo Mining Corporation (TSX-V: FIL) (Nasdaq First North: FIL) (“Filo Mining” or the “Company”) is pleased to provide a summary of the overall results of the 2016 / 2017 program at the Filo del Sol project, including the results of the final 14 holes from the recently completed 41 hole drill program, and an outline of the next steps for the project. The results released today continue to confirm and define the shallow gold oxide and high-grade copper and silver zones in the Filo del Sol deposit, and demonstrate the potential for significant new zones of shallow oxide gold and copper mineralization one kilometre south of the current resource at the Filo South zone. Filo Mining CEO Wojtek Wodzicki commented, “We had a very successful exploration season at Filo del Sol. We believe that we have enhanced the existing resource and have made a significant new discovery in the Filo South area. Our drilling has demonstrated that we have an important oxide gold zone in the upper part of the current resource. The infill holes into the copper and silver zones have highlighted the impressive grades and thicknesses present in the high-grade portions of these zones. Today’s results set us up for an eventful second half of the year. In the coming months we will incorporate this season’s drill results into an updated resource estimate, and receive results from our phase 2 metallurgical program which will provide the information to begin engineering studies during the third quarter.” | |
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