| Announcement Date: | 2022-08-23 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Filo Mining Corp. |
| Project name: | Filo del Sol |
| Location: | Argentina |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Drilling results incl. 701.2m @ 0.81% Cu, 0.33g/t Au, 9.1g/t Ag from 392m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | AUGUST 23, 2022: Filo Mining Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) (“Filo Mining”, or the “Company”) is excited to announce results from two holes at the Filo del Sol Project in San Juan, Argentina. Drillholes FSDH061 and FSDH063 have successfully extended the strike length of the Aurora Zone by 180m to a total of 1.6km, and it remains open to expansion in the north and south directions. Highlights and detailed results are shown below FSDH061 was collared 230m to the northeast of FSDH057 and drilled to the west at an angle of -70o to a final depth of 1,093m where it was unable to continue due to technical problems. The hole cut the typical sequence of fragmental and coherent rhyolite country rock to a depth of 522m where it intersected the main mineralized breccia. The breccia is dominated by rhyolite clasts to a depth of 1,025m where it transitions to a granite-dominated breccia. The hole ended in well mineralized, potassic altered, homogeneous granite and granite breccia cut by moderately abundant A veins. The last 21m returned 1.03% CuEq (0.73% Cu, 0.38g/t Au, 2.8g/t Ag). Sparse, narrow, late-mineral porphyry dykes cut the sequence throughout, and scattered clasts of porphyry are common within the breccia. |
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