Filo Corp
FIL
ISIN CA31729R1055 / Valor 128017142
Filo Corp
UMushroom community rating:
About company
Filo Corp is a Canadian exploration entity primarily engaged in the development of the Filo del Sol project, a significant venture straddling the border between Chile's Region III and San Juan Province in Argentina. This project is notable for its large-scale, high-sulphidation epithermal copper-gold-silver deposit, which is part of a broader porphyry copper-gold system. The deposit spans an impressive area, with dimensions indicating a mineralized system extending 7.5km north to south, 1km east to west, and reaching depths of 1.5km. As part of the Lundin Group of Companies, Filo Corp is publicly traded, with listings on the Toronto Stock Exchange, Nasdaq First North Growth Market, and the OTCQX. The company has recently completed a pre-feasibility study on the oxidized upper portion of the Filo del Sol deposit, revealing a robust net present value and highlighting the project's potential economic benefits. Filo Corp's current focus is on expanding and enhancing the quality of the resources and reserves at Filo del Sol through continued exploration efforts, aiming to capitalize on the region's rich mineralization, which is part of a significant Miocene metallogenic event linking it with other notable mining districts in the area.
Summarized from source with an LLMView SourceSector: EnergyKey figures
Performance
Volatility
2996 M
Market cap (USD)
20,392
Daily traded volume (Shares)
31.84 / 31.72
1 day high/low (USD)
52 weeks high/low (USD)
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