Filo Mining shares rise following new drill results from copper-gold project in Argentina

Date:

“Hole 67 builds on our successful drilling within the Aurora zone and was another critical hole to enhance our understanding of the geology within this zone,” CEO Jamie Beck said in a news release. “The hole bottomed in strong mineralization and was unable to continue as we reached the depth capacity of the drill rig.”

“We’ve now got rigs on site with the ability to drill much deeper, and one of our near-term goals is to try to find the bottom of this amazing deposit. There are five holes currently underway at the project, including hole 64 at 1,373 metres, while hole 62 has just ended at 1,447 metres,” Beck added.

There are six drill rigs currently working on the project site, and the company said it plans to add additional rigs into the program as the weather moderates.

The winter campaign, which focused on the Aurora and Breccia 41 zones, was planned to keep these drill rigs close together to prioritize safety….

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...