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Filo Mining Corp.
Summary
| Project: | Filo del Sol | |
|---|---|---|
| Deposit: | Filo del Sol | |
| Location: | Argentina | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 3/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-3-2019: Filo Mining Corp. announces an Exploration/Drilling Update report for its Filo del Sol deposit at the Filo del Sol project. Drilling results incl. 1025.0m @ 0.30% Cu, 0.22g/t Au, 1.6g/t Ag from 0.0m. March 18, 2019: Filo Mining Corp. (TSX-V, Na | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bob Carmichael, Diego Charchaflie (Internal) | |
| ABSTRACT: | March 18, 2019: Filo Mining Corp. (TSX-V, Nasdaq First North: FIL) ("Filo Mining”, or the “Company”) is pleased to announce the results of the first two diamond drill holes from the 2019 drill program at its 100% owned Filo del Sol project located on the border of Region III, Chile and San Juan Province, Argentina. These holes, drilled 500 metres apart, demonstrate that the high-sulphidation epithermal deposit forming the bulk of the mineral resource which supports the project Pre-Feasibility Study (“PFS”) is underlain by porphyry copper-gold mineralization to depths of over 1,000 metres below surface. Commenting on the results, CEO Adam Lundin stated, “These two holes confirm that the Filo del Sol resource represents only a small part of a much larger mineralized system, as we have always expected. This really opens up the exploration potential at Filo and offers the potential to transform it into a much larger project than outlined in the recent PFS. We currently have one additional hole completed, with assays pending, and four holes in progress which will help us to continue to develop our understanding of this very large porphyry system.” | |
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