1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. Filo Mining Corp.
  6. News
  7. Summary
    FIL   CA31730E1016

FILO MINING CORP.

(FIL)
  Report
Delayed Toronto Stock Exchange  -  05/16 04:00:00 pm EDT
21.40 CAD   -1.25%
05/13Scotiabank Says Filo Mining Extending Breccia Zone at Filo del Sol Deposit 'Positive'; Shares Jump 25%
MT
05/13Filo Mining Extends Breccia 41 by 175m to the North, FSDH057 ends in 13.8% Cu, 13.2 g/t Au and 507 gt Ag
AQ
05/12Filo Mining Extends Breccia 41 by 175m to the North; FSDH057 ends in 13.8% Cu, 13.2 g/t Au and 507 g/t Ag
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Filo Mining Corp. Provides Assay Results from Hole FSDH057

05/12/2022 | 07:00pm EDT

Filo Mining Corp. provided assay results from hole FSDH057 which successfully extends the high- grade Breccia 41 zone by 175m to the north. FSDH057 was collared 200m to the north of FSDH041 and drilled to the west at an angle of -75o to a final depth of 787.1m before being truncated. It ended in very high-grade mineralization, with the last 11.1m at 17.60% CuEq (9.11% Cu, 8.87 g/t Au, 230.4 g/t Ag), and entered Breccia 41 at a depth of 776m. This hole represents the most northerly intersection of both the Aurora Zone and Breccia 41 to date. Both zones remain open to the north towards hole FSDH043, which was drilled over 600m to the north and intersected 293.7m at 0.61% CuEq. FSDH057 also intersected the extension of the flat lying, high-grade silver zone between 404m and 432m, confirming continuity of this zone between hole FSDH055A (200m to the south) and FSDH037 (250m to the northwest). The hole intersected rhyolite volcaniclastics and microdioritic dykes up to 320m, followed by phreatomagmatic and magmatic-hydrothermal breccias along with porphyry bodies. Advanced argillic alteration and silicification are present throughout the hole accompanied by A, B and D type porphyry and epithermal veining. Both alteration and mineralization patterns confirm continuity of the high-grade Breccia 41 zone intersected in holes FSDH041 and FSDH054 to the south. The entire hole is outside of the resource shell. Drilling is ongoing with 7 diamond drill rigs, in addition to a reverse circulation (RC) rig, and several holes are currently underway. Holes are designed to explore the area around the high-grade intersection in FSDH041 from the 2020/2021 season, 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 mineralized zone. Holes that have now been completed with assays pending include: FSDH055C, located approximately 50m north of FSDH041, was drilled to a final depth of 1,486m. FSDH060, located 2km northeast of FSDH041, was drilled to a final depth of 1,070m. Assay results for these holes will be released as they are received, analyzed and confirmed by the Company. FSDH065, currently underway, is planned as a scissor hole on the same section as FSDH057. Collared 690 m to the west of FSDH057, and drilling back towards the east, FSHD065 is designed to test the depth extension of the high-grade mineralization reported here.


© S&P Capital IQ 2022
All news about FILO MINING CORP.
05/13Scotiabank Says Filo Mining Extending Breccia Zone at Filo del Sol Deposit 'Positive'; ..
MT
05/13Filo Mining Extends Breccia 41 by 175m to the North, FSDH057 ends in 13.8% Cu, 13.2 g/t..
AQ
05/12Filo Mining Extends Breccia 41 by 175m to the North; FSDH057 ends in 13.8% Cu, 13.2 g/t..
AQ
05/12Filo Mining Corp. Provides Assay Results from Hole FSDH057
CI
05/05Filo Mining's First-Quarter Loss Widens, Flush with Cash Following Private Placement to..
MT
05/04Filo Mining Reports Q1 2022 Results; Extends Breccia 41 and Confirms Continuity of Grad..
AQ
05/04Filo Mining Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
04/21Filo Mining Maintained at Outperform-Speculative Risk at BMO Capital Markets; Price Tar..
MT
04/20Filo Mining Loses 4% as Details Latest Assays From Filo Del Sol Project
MT
04/20Filo Mining Details Latest Assays From Filo Del Sol Project
MT
More news
Analyst Recommendations on FILO MINING CORP.
More recommendations
Financials
Sales 2022 - - -
Net income 2022 -54,4 M -42,2 M -42,2 M
Net cash 2022 75,0 M 58,1 M 58,1 M
P/E ratio 2022 -47,0x
Yield 2022 -
Capitalization 2 632 M 2 039 M 2 039 M
EV / Sales 2022 -
EV / Sales 2023 -
Nbr of Employees 31
Free-Float 66,2%
Chart FILO MINING CORP.
Duration : Period :
Filo Mining Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FILO MINING CORP.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 21,67 CAD
Average target price 25,45 CAD
Spread / Average Target 17,5%
EPS Revisions
Managers and Directors
Jamie Beck President
Jeffrey Yip Chief Financial Officer
Adam I. Lundin President, Chief Executive Officer & Director
Alessandro Bitelli Independent Director
Wojtek Alexander Wodzicki Director
Sector and Competitors
1st jan.Capi. (M$)
FILO MINING CORP.67.03%2 035
BHP GROUP LIMITED10.46%160 522
RIO TINTO PLC8.75%108 351
GLENCORE PLC23.04%73 692
ANGLO AMERICAN PLC9.57%49 090
SAUDI ARABIAN MINING COMPANY (MA'ADEN)60.76%40 614