A new resource estimate for the Filo del Sol project in Chile’s Atacama region has confirmed its potential to be a part of one of the world’s largest copper, gold and silver resources, says the project’s new joint owner Lundin Mining (TSX: LUN).
Filo del Sol was previously held by Canada’s Filo Corp., which had advanced the project to a pre-feasibility stage based only on the oxide resources at surface. A technical report from 2023 outlined a potential 13-year mine operation with average annual production of 66,000 tonnes of copper, 168,000 oz. of gold and 9.26 million oz. of silver.
Lundin’s estimate includes a first resource for the Filo del Sol high-grade sulphide core, totalling 606 million tonnes in the measured and indicated categories with a copper-equivalent grade of 1.14%, for contained metal of 4.5 million tonnes of copper, 9.6 million oz. of gold and 259 million oz. of silver. It…
