Filo Mining Corp. is a Lundin Group advanced-stage exploration company, focused on advancing its 100% controlled Filo del Sol Project (FDS). FDS is comprised of two adjacent land holdings – Filo del Sol Property located in San Juan Province, Argentina, and the Tamberias Property, located in Region III, Chile. FDS hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system.
Positive PFS results released January 14, 2019 for Filo del Sol with a US$1.3 Billion After Tax NPV and 23% IRR.
FDS drill results in March 2019 demonstrate the presence of a significant Copper-Gold porphyry deposit underlying the current resource – 1,025 m of 0.30% Copper and 0.22 g/t Gold.
FDS continues to hold significant exploration potential, with less than 20% of the project area explored to date.
Adam Lundin, President & CEO
Adam Lundin’s career in the natural resources industry spans close to two decades, commencing with prospecting and core logging for several Lundin Group companies, including Canadian Gold Hunter, Atacama Minerals and Red Back Mining. Adam’s background includes Mining Technology, Securities and Investment Advisory, Marketing, International Finance and Capital Markets, as well as Executive Management. Adam is a former board member of Lundin Gold Inc. and as of September 2017 is the President, CEO and a Director of Filo Mining Corp. Prior to assuming his senior role with Filo Mining, Adam garnered significant international work experience forging his reputation in the world of finance and capital markets in Toronto and New York; ultimately leading to his role of Co-Lead of an internationally recognized securities firm in London, UK.
What is your rationale for attending 121 Mining Investment?
Filo Mining recognizes the potential for quality investors introduced through 1-2-1 Mining Investment Conferences, and looks forward to garnering exposure to these individuals and groups, and to expanding the Company’s profile and investor base.
What recent news would you like to highlight to investors attending?
March 18, 2019 – Filo Mining Drills 1,025 Metres of 0.30% Copper and 0.22 g/t Gold at Filo del Sol – Demonstrating the Presence of a Significant Copper-Gold Porphyry Deposit Underlying the Current Resource
January 14, 2019 – Filo Mining Announces Positive PFS Results for Filo del Sol with a US$1.3 Billion After Tax NPV and 23% IRR
What are your key goals for the next 3, 6 and 12 months?
– Assays pending on 5 additional holes from FDS
– Identify and test water source
– Ongoing environmental studies and data collection in support of project permitting
– Potential resource update
– Initial flotation metallurgical test work on sulphide material
– Define program for 2019/2020 field season
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Commodity headwinds are always a risk however, as a Lundin Group Company, Filo Mining has the experienced management and Board, as well as the financial wherewithal to withstand commodity and market downturns.
Inherent risks associated with exploration projects, are always a factor.
In a sentence, what do you think makes your company such a compelling investment?
Filo del Sol continues to hold significant exploration potential, with less than 20% of the project area explored to date.