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Filo Mining Corp.
Summary
| Project: | Filo del Sol | |
|---|---|---|
| Deposit: | Filo del Sol | |
| Location: | Argentina | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 5/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 31-5-2018: Filo Mining Corp. announces an Exploration/Drilling Update report for its Filo del Sol deposit at the Filo del Sol project. Drilling results incl. 141m @ 0.98% Cu, 0.30g/t Au, 56.7g/t Ag from 90m. Vancouver, BC (May 31, 2018) Filo Mining Corp ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bob Carmicheal (Internal) | |
| ABSTRACT: | Vancouver, BC (May 31, 2018) Filo Mining Corp (TSX-V, Nasdaq First North: FIL) ("Filo Mining", “Filo”, or the “Company”) is pleased to announce the final assay results from the recently completed 2017/18 drill program at the Filo del Sol project in San Juan Province, Argentina and Region III, Chile. A total of 9,411 metres was drilled during the program, which was completed at the end of March, 2018. In total, 31 reverse circulation holes and 9 diamond drill holes were completed. Assay results for the 9 diamond drill holes are presented here. Results of the reverse circulation holes are contained in previous news releases dated April 27 and May 16, 2018. Commenting on today’s results, Adam Lundin, CEO of Filo Mining stated, “We are very pleased with the final drill results revealed from our 2017/18 field program at Filo del Sol. The results released today along with the first two sets of program results released in April and May of this year, respectively validate the Company’s confidence in moving forward to complete an updated mineral resource estimate, and its inprogress efforts to release a Pre-Feasibility Study ("PFS”) in early 2019.” Filo del Sol is a large high-sulphidation epithermal copper-gold-silver deposit. The upper portion of the deposit is oxidized and includes from top to bottom, a gold oxide zone, a copper-gold oxide zone and a silver-rich zone. The oxide portion of the deposit is underlain by copper-gold sulphide mineralization. The drill holes reported here tested all of the oxide zones.' | |
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