Filo del Sol PFS confirms significant project potential

TSX-V- and Nasdaq-listed Filo Mining’s prefeasibility study (PFS) of its Filo del Sol project, on the border of Chile and Argentina, has confirmed the “incredible” copper, gold and silver potential of the project.

CEO Adam Lundin said on Monday that the PFS had positive findings, including a $1.28-billion after-tax net present value, using an 8% discount rate, and an internal rate of return of 23% at $3/lb of copper, $1 300/oz gold and $20/oz silver.