Filo Mining Corp. provided initial assay results and an update on the Filo del Sol drilling program. Highlights are listed below, along with drillhole locations on the accompanying plan map: View PDF.

Drillhole FSDH055A returned 64.0 m at 1,213.8 g/t Ag and 0.49 g/t Au from a depth of 362m; this represents the best intersection of high-grade silver on the project to date. A total of 5,000m of diamond drilling has now been completed during the current program, with one hole (FSDH054) completed to a depth of 1,370m and five holes currently underway. This is the best intersection of the high-grade silver zone at Filo del Sol drilled to date and sits completely outside the current mineral resource.

This intersection is open in several directions, with a 420m undrilled gap to the north, between FSDH055A and FSDH037 which is currently being tested by holes FSDH057 and FSDH059. To the east, this intersection correlates with the silver zone in hole FSDH041. The intersection is completely open to the west.

Additional drilling is required to fully understand the geometry of this intersection, however based on correlation with other holes it is interpreted to be approximately true width. Initial holes for this program were designed to explore the area around the high-grade intersection in FSDH041 from the 2020/2021 season, with holes FSDH054, FSDH055 and FSDH056 as 50m step-outs to the east, west and south respectively. FSDH054 was completed at a depth of 1,370m in early December, and this drill has been moved to FSDH059 located 100m north of FSDH041.

Two larger step-outs are also underway, FSDH057 located 200m north of FSDH041 and FSDH058 located 450m to the south of FSDH041.