The most recent outcomes have been highlighted by FSDH055A, which returned 64m at 1,213.8 g/t Ag and 0.49 g/t Au from a depth of 362m, representing the most effective intersection of high-grade silver on the undertaking thus far.
Furthermore, the silver zone encountered by FSDH055A sits utterly exterior the present mineral useful resource. It’s open in a number of instructions, with a 420m undrilled hole to the north that’s at the moment being examined by holes FSDH057 and FSDH059.
To the east, this intersection correlates with the silver zone in gap FSDH041 (46m at 75 g/t Ag), which is 50m away from and parallel to FSDH055A. To the west, the intersection stays utterly open.
FSDH055C is at the moment underway on the similar location to re-drill this gap to focus on depth.
“Gap 55A is among the longest, highest-grade silver intercepts seen globally in a very long time. It’s a nice reminder of the excellent treasured steel content material of this outstanding deposit and demonstrates that we’ve bought a big silver deposit contained throughout the main copper-gold deposit at Filo del Sol,” Jamie Beck, president and CEO of Filo Mining, commented in a information launch.
“This gap additionally provides to the proof that the world round gap FSDH041 is among the centres of the system, and we sit up for assays from extra step-out holes on this space,” Beck added.
Transferring ahead, Filo will proceed its year-round drilling at Filo del Sol. The corporate plans so as to add a further two drill rigs in early February, bringing the whole rig depend to seven drills.
Shares in Filo surged 13.6% on the Toronto Inventory Trade by 12:30 p.m. EDT, buying and selling at 52-week excessive of C$14.80. The corporate has a C$1.7 billion market capitalization.