VANCOUVER, BC, Aug. 21, 2023 /CNW/ - Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo", or the "Company") is pleased to announce assay results from hole FSDH084 testing the Aurora Zone along with a summary of the recent geotechnical drilling program at the Filo del Sol Project in San Juan, Argentina. Highlights and detailed results are shown below along with accompanying figures: View PDF version.

Drillhole FSDH084 infills a 160m gap between holes FSDH055C and FSDH057 with 1,406m at 1.13% CuEq from 170m including:
46m at 310 g/t Ag from 394m in the Silver Zone
642m at 1.70% CuEq from 616m
56m at 5.79% CuEq from 772m.

Assays received from the geotechnical program returned several mineralized intersections and confirm the presence of strong hydrothermal alteration extending as far as 2km to the east of the Aurora Zone. In particular:
Hole FSGT006 intersected 12m at 5.21 g/t Au from 36m over 600m to the east of the Aurora Zone. This intersection coincides with a large zone of high conductivity indicated by the recently completed MT geophysical survey which is parallel to the Filo-to-Bonita anomaly and extends for at least 2km.
The presence of either a parallel mineralized zone or a much bigger system than has been recognized to date opens up a large area of prospective ground to the east for additional exploration.
Commenting on the release, Jamie Beck, President, and CEO stated, "Hole 84 is the second best hole ever drilled at Filo del Sol from a grade-thickness perspective. The results from Hole 84 confirm continuity of high-grade mineralization within the Aurora Zone and serve as a reminder of the overall size and grade of this remarkable deposit. The unexpected mineralization and alteration encountered in the geotechnical holes, combined with the recent geophysical survey results, is starting to suggest that the Filo del Sol system may be even bigger than we think."

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https://filocorp.com/news/filo-reports-1-406m-at-1-13-cueq-including-56m-a-122630/