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Filo Mining Corp. provides Filo del Sol drilling update

Published by
Global Mining Review,


Filo Mining Corp. has provided initial assay results and an update on the Filo del Sol drilling programme.

Jamie Beck, President and CEO, stated: “Hole 55A is one of the longest, highest-grade silver intercepts seen globally in a long time. It is a great reminder of the outstanding precious metal content of this remarkable deposit and demonstrates that we've got a significant silver deposit contained within the major copper-gold deposit at Filo del Sol. This hole also adds to the evidence that the area around hole FSDH041 is one of the centres of the system and we look forward to assays from additional step-out holes in this area.”

FSDH055A is located 50 m to the west of, and parallel to, FSDH041. It intersected 64 m at 1213.8 g/t silver (Ag) and 0.49 g/t gold (Au) from a depth of 362 m before being abandoned at a depth of 485 m due to drilling difficulties; this represents the best intersection of high-grade silver on the project to date.

FSDH055C is currently underway at the same location to re-drill this hole to target depth.

This is the best intersection of the high-grade silver zone at Filo del Sol drilled to date and sits completely outside the current mineral resource. This intersection is open in several directions, with a 420 m undrilled gap to the north, between FSDH055A and FSDH037 (104 m at 120 g/t Ag) which is currently being tested by holes FSDH057 and FSDH059. To the east, this intersection correlates with the silver zone in hole FSDH041 (46 m at 75 g/t Ag). The intersection is completely open to the west. Additional drilling is required to fully understand the geometry of this intersection, however based on correlation with other holes it is interpreted to be approximately true width.

Initial holes for this programme were designed to explore the area around the high-grade intersection in FSDH041 from the 2020/2021 season, with holes FSDH054, FSDH055 and FSDH056 as 50 m step-outs to the east, west and south respectively. FSDH054 was completed at a depth of 1370 m in early December, and this drill has been moved to FSDH059 located 100 m north of FSDH041. Two larger step-outs are also underway, FSDH057, located 200 m north of FSDH041, and FSDH058, located 450 m to the south of FSDH041.

Outlook

Drilling will continue year-round at Filo del Sol in 2022 with its most ambitious field programme ever. The company plans to add an additional two drill rigs in early February, bringing the total rig count to seven drills operating throughout the year. Assay results have been received for approximately 2100 m of the length drilled to date, and additional results will be released as they are received, analysed and confirmed by the company.

Read the article online at: https://www.globalminingreview.com/exploration-development/13012022/filo-mining-corp-provides-filo-del-sol-drilling-update/

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