Filo Mining Corp. (TSX: FIL) has identified a wide zone of mineralisation in assay results from holes FSDH055C and FSDH059 from the ongoing drill programme at the Filo del Sol Project.
Hole FSDH055C is the best hole drilled on the project to date, measured by copper-equivalent (CuEq) multiplied by intercept length, and ended in strong mineralisation at almost 1,500m depth.
- FSDH055C returned 1,337.5m at 1.33% CuEq from 150m, including:
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- 126.0m at 5.02% CuEq from 728m in Breccia 41, including
- 24.0m at 13.30% CuEq from 728m within the same zone
- The latter intersection included an 8.6m section at 20.25% CuEq
- The hole was stopped at a depth of 1,487.5m due to the capacity of the drill, and ended in strong porphyry-style mineralisation with the last 21.5m of the hole at 0.93% CuEq (0.62% Cu, 0.41 g/t Au, 0.9 g/t Ag).
“From a grade-thickness perspective, hole 55C is the best hole ever drilled at Filo del Sol. It represents one of the thickest, highest-grade intervals drilled through the Aurora Zone, and confirms the continuity of the bonanza-grade Breccia 41 mineralisation between holes 41 and 54 to the south, and hole 57 to the north,” President and CEO, Jamie Beck, said.
“At almost 1.5km deep, and still strongly mineralised, hole 55C is a great reminder of not only the size and scale of the system, but also how much more there is to discover at Filo.”
Outlook
Drilling is ongoing with seven diamond drill rigs, in addition to a reverse circulation (RC) rig, and eight holes are currently underway. Holes are designed to explore the area around the high-grade intersections in FSDH041, FSDH054, FSDH057 and now FSDH055C, along with some moderate step-outs to test continuity of the Aurora Zone, and larger step-out holes to continue to try to find the edges of the mineralised zone.
One hole, FSDH060, located 2km northeast of FSDH041, has been completed to a final depth of 1,070m and assays are pending. Results for these holes will be released once the holes are completed, and results are analysed and confirmed by the company.
For further information please visit: https://filo-mining.com/
