Filo Corp. Unveils Significant Drill Results at Filo del Sol Project

Filo Corp., a Canadian mining company, announced on November 21 that it has found impressive assay results from six holes drilled at the Filo del Sol Project in Chile. These results further highlight the substantial potential of this world-class project.

Key Highlights:

•              Drillhole FSDH107: Intersected a substantial 1,270 meters (m) at 0.92% copper equivalent (CuEq) from 298m depth in the Aurora Zone, including:

                o             52m at 218.5 g/t silver

                o             624m at 1.13% CuEq

•              Drillhole FSDH112: Intersected 1,282.5m at 0.61% CuEq from 96m depth in the Bonita Zone, including:

                o             528.5m at 0.97% CuEq from 659.5m

•              Drillhole FSDH113: Intersected 833.7m at 0.64% CuEq from 532.3m depth in the Bonita Zone, including:

                o             510m at 0.71% CuEq from 590m

•           Drillhole FSDH116: Intersected 610m at 0.39 g/t gold, 0.15% copper, and 2.2 g/t silver from 22m depth in the Tamberias Zone

Expanding the Project Footprint

Jamie Beck, President, and CEO of Filo Corp., expressed his excitement about the results, stating, "Hole 107 has significantly expanded the Aurora Zone, extending it 300m westward. We now believe the mineralization in this section to have a minimum east-west width of 700m, with potential for further expansion in both directions. Additionally, holes 112 and 113 confirm the strong mineralization in the Bonita area and are guiding us towards the high-grade corridor within the deposit. Three kilometers south of hole 107, we have identified a gold-rich porphyry in hole 116 within the Tamberias area, further increasing the overall project footprint."

Beck added, "The strategic partnership with BHP and Lundin Mining is progressing as planned, with completion anticipated in the first quarter of 2025."

Filo del Sol is a complex deposit characterized by multiple mineralization styles, including high-grade copper, gold, and silver. The project's geology and mineralization profile offer significant potential for further discoveries.

Ongoing Exploration and Future Outlook

Drilling operations resumed in early September following a winter break, with approximately 9,500m drilled since then. With nine rigs currently active, Filo Corp. is committed to unlocking the full potential of the Filo del Sol Project. As additional drilling results are received and analyzed, the Company will provide further updates on the project's progress.

Filo Corp. is focused on advancing the Filo del Sol Project, a world-class copper-gold-silver deposit located in the highly prospective region of San Juan, Argentina. The Company is dedicated to responsible mining practices and creating value for its shareholders while contributing to the local community and the global economy.