Filo Mining Corp. announced the 2020/2021 campaign underway to drill test recently developed exploration target. The successful 2019/2020 field season, which ended in March 2020, confirmed the existence of substantial additional sulphide mineralization underlying and to the north of the current Mineral Resource at Filo del Sol. Following up on these findings, the Company launched its 2020/2021 drill campaign in November 2020 to continue exploration at its asset. The 2020/2021 field program is currently ongoing and is scheduled to continue through April 2021, subject to weather and the Company's ongoing ability to operate safely in accordance with its COVID-19 protocols. The program seeks to complete approximately 8,000 metres of core drilling, and assay results from the initial set of holes are anticipated towards the end of March 2021. If successful, the 2020/2021 field program will: Explore the 1.7 km gap between hole FSDH032 and a mineralized intersection in hole VRC093; Clarify the geological controls of significant zones of high-grade copper, gold and silver mineralization present within the overall mineralized envelope; and Allow for a portion of the sulphide mineralization to be added to Filo del Sol's Mineral Resource estimate by tightening the drill spacing within this deeper mineralization, where appropriate. Drill targeting this season has benefited from the results of the prior season's 3D geophysical surveys, and a key focal point has been on drill testing a recently developed exploration target, which was formulated through compilation and analysis of historical assay results, particularly from the three, 1 kilometre deep holes completed in the preceding two seasons. This exploration target is conceptual in nature, and there has not yet been sufficient exploration for it to constitute a Mineral Resource, however it has the potential to be significant to the Filo del Sol Project. The exploration target has an estimated total tonnage of 1.2 to 1.6 billion tonnes, which is in addition to the current Mineral Resource, and estimated grades ranging between 0.7% to 1.0% copper equivalent ("CuEq"). It should also be noted that there is no guarantee that further exploration will result in this target being delineated as a Mineral Resource.