- Write by:
-
Thursday, August 9, 2018 - 11:02:23 AM
-
1068 Visit
-
Print
Mining News Pro - Drilling at the Filo del Sol project in Argentina revealed substantial increases in the indicated category. (Image: Filo Mining)
Vancouver’s Filo Mining Corp. says the recent successful exploration drill program at its Filo del Sol copper-gold-silver project has allowed it to boost the resource numbers.
The company saw a significant increase in the indicated tonnage and contained metals. Indicated tonnes rose by 14% to 425.1 million tonnes. Total indicated gold in all zones went up by 12% to 4.4 million oz. Total indicated contained copper increased by 12% to 3.1 billion lb. Total indicated silver increased by 34% to 147 million oz. The indicated grades are 0.33% copper, 0.32 g/t gold, and 10.7 g/t silver.
The inferred resource totals 175.1 million tonnes grading 0.27% copper, 0.33 g/t gold, and 6.2 g/t silver. Contained metals are estimated to be 1.1 billion lb. of copper, 1.8 million oz. of gold, and 37.8 million oz. of silver.
Filo says the resources are divided into four zones. The gold oxide, copper-gold and silver zones are amenable to heap leaching. The copper-gold sulphide zone underlies the other three. The resource is open in several directions and at depth. Only 3 km of the 7-km long strike lengths has been drill tested. All holes drilled so far, including those to 500 metres below surface, ended in mineralization, so the company is thinking there might be copper-gold porphyry mineralization at depth.
Short Link:
https://www.miningnews.ir/En/News/233980
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — ...
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the ...
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 ...
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its ...
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly ...
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new ...
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner ...
Teck Resources, Canada’s largest diversified miner, saw its copper production jump by 74% in the first three months of ...
Aurubis AG, Europe’s largest refined copper producer, has started a project in its Bulgarian smelter which will expand ...
No comments have been posted yet ...