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Filo Corp.
FLMMF.US
Filo Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, and development of mineral properties in Chile and Argentina. Its flagship property is the 100% owned Filo del Sol copper-gold-silver deposit located in the San Juan province of Argentina and the adjacent Atacama Region of Northern Chile. The company was formerly known as Filo Mining Corp. and changed its name to Filo Corp.
749.97 B
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    News
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    Mogotes Metals Announces Acquisition of 100% of Argentina Land Package and Grant of Options

    Mogotes Metals Inc. has acquired 100% interest in the Filo Sur project in Argentina by issuing 4,687,500 common shares to Golden Arrow Resources Corp. at $0.32 per share. The agreement includes a 1.5% net smelter returns royalty, with an option to purchase 0.5% for $2 million. Additionally, Mogotes granted 640,000 stock options to employees and consultants at $0.31 per share, subject to a four-month hold period. Mogotes is focused on copper and gold exploration in the Vicuña district, adjacent to significant mineral discoveries.

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    Mogotes Metals: Vicuna: Drilling at Filo Sur Project to Commence

    Mogotes Metals Inc. has announced the commencement of drilling at its Filo Sur project in Argentina, targeting high-priority areas for Porphyry Copper and High Sulfidation Epithermal gold-silver mineralization. The drilling campaign will utilize up to two rigs, aiming for approximately 5,000 meters of diamond drilling. Initial targets include the Los Mogotes and Meseta areas, with results expected to inform ongoing exploration efforts. The company anticipates updates on geochemical results and further developments as the drilling progresses.

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    Mogotes Metals Announces Grant of Options

    Mogotes Metals Inc. has granted 3,535,000 stock options to directors, officers, employees, and consultants at an exercise price of $0.31 per share for two years. The shares are subject to a four-month hold period. Mogotes is a mineral exploration company focused on copper and gold in Argentina and Chile, with its flagship project, Filo Sur, adjacent to significant copper-gold discoveries.

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    Vicuña: 3D Geophysical Model Outlines Large Scale Anomalies at the Los Mogotes Target Cluster Adjacent to Filo Del Sol

    Mogotes Metals Inc. has announced the development of a 3D geophysical model revealing significant anomalies at the Los Mogotes target cluster, located 2.5 km south of the Filo Del Sol resource. The model indicates high-priority drill targets for porphyry copper and high sulfidation epithermal gold-silver mineralization. CEO Allen Sabet highlighted the potential of these targets, with an exploration campaign set to begin in October 2025. The geophysical anomalies suggest promising mineralization opportunities, although further exploration is necessary to confirm these findings.

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    Scientists Found a Massive Copper Deposit That Could Change the Future of Energy

    A new mineral resource estimate reveals that the Filo del Sol copper deposit in the Argentine Andes may contain five times more metal than previously thought, potentially making it one of the largest deposits globally. However, environmental concerns persist, particularly regarding the impact on freshwater sources and the region's Glacier Law. Mining at high altitudes poses logistical challenges and risks to workers' health. Companies like Lundin Mining and BHP are exploring renewable energy solutions to mitigate environmental damage, but accusations of legal violations remain.

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