Filo Mining Corp. (the "Corporation", or "Filo Mining") is a Canadian mining company focused on advancing the Corporation's key project, Filo del Sol. Filo del Sol hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system. It is a very large mineralized system, with dimensions, based on wide spaced drill holes, of at least 3.7 kilometres in a north-south direction and 1 kilometre in an east-west direction.
The mineralized system includes both disseminated and stockwork mineralization and is open in several directions. The upper portion of Filo del Sol is oxidized and the Corporation completed a pre-feasibility study ("PFS") on this mineralization, with an effective date of January 13, 2019, which demonstrated a robust net present value ("NPV") of US$ 1.28 billion at a discount rate of 8%, US$3.00/lb copper, US$1,300/oz gold, and US$20/oz silver. Currently, the Corporation is focused on expanding and increasing the quality of the resources and reserves at Filo del Sol through further exploration. The project is located within adjacent concessions along the border of Region III, Chile and San Juan Province, Argentina between the Maricunga gold porphyry zone to the north and the El Indio high-sulphidation zone to the south, both of Miocene age.
A member of the Lundin Group of Companies, Filo Mining is listed on the TSX Venture Exchange and Nasdaq First North Growth Market under the symbol "FIL" and on the OTCQX under the symbol "FLMMF".