Filo Corp. is a Canadian exploration company focused on advancing our key project, Filo del Sol. Filo del Sol hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system. It is a very large mineralized system, with dimensions, based on wide spaced drill holes, of 7.5km north-south, 1km east-west, and 1.5km deep.
The mineralized system includes both disseminated and stockwork mineralization and is open in several directions. The upper portion of Filo del Sol is oxidized, and we completed a pre-feasibility study ("PFS") on this mineralization, with an effective date of February 28, 2023, which demonstrated a robust net present value ("NPV") of US$ 1.31 billion at a discount rate of 8%, US$3.65/lb copper, US$1,700/oz gold, and US$21/oz silver. Currently, we are focused on expanding and increasing the quality of the resources and reserves at Filo del Sol through further exploration.
The project is located on adjacent concessions along the border of Region III, Chile and San Juan Province, Argentina in the recently-defined Vicuña district which is located between the Maricunga district to the north and the El Indio district to the south. Mineralization in all three districts is part of a major Miocene metallogenic event.
A member of the Lundin Group of Companies, Filo Corp. is listed on the Toronto Stock Exchange and Nasdaq First North Growth Market under the symbol "FIL" and on the OTCQX under the symbol "FLMMF"