Filo Mining Corp.

Description

Filo Mining Corp is a publicly traded mining and exploration firm.

The Canada-based mining firm owns the Filo del Sol Project and its subsequent land holdings.

The Filo del Sol Project is located in the Atacama Region of Northern Chile and borders San Juan province of Argentina.

The firm says the location is cold and windy and exploration field season runs from October to April. In case of snowfalls, the company requires bulldozers to conduct its mining operations.

However, it says that due to extreme cold conditions the productivity could be restricted during the winter seasons.

The mining firm considers the Filo del Sol as highly prospective copper-gold-silver deposit project.

Filo Mining Corp is a part of Lundin Group of companies, which was founded by Adolf H Lundin more than 40 years ago.

Lundin group of companies consists of 14 publicly traded companies engaged in the resource sector.

The companies range from early-stage exploration to development and produces minerals in over 20 countries across the globe.

Another members of this group include, Africaa Energy, Africa Oil Corp, Bluestone Resources Inc. Etnion in Japan, International Petroleum Corp, Josemaria in Argentina, Lucara Diamond in Botswana, Lundin Energy in Norway, Lundin Foundation, Lundin Gold, Lundin Mining, NGEX Minerals and Shamaran Petroleum Corp in Kurdistan.

Filo Mining Corp says it benefits from being a part of related companies, and Lundin’s expertise, guidance, evaluation, and funding.

The mining firm says it follows and adheres to the international standards of mining like IFC Performance Standards and ETI and TSM protocols. The mining company also commits to practicing sustainable and ESG norms.

The on-site drilling for 2021 has been completed on the Filo’s flagship project.

The company aims to update its geological model with new drilling and building rigs. The exploration entity also intends to monitor progress at Josemaria for fiscal stability and project financing.