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Filo Mining Mobilizes for 2020/21 Field Program Targeting Expansion and Definition of the 1.2 to 1.6 Billion Tonne Exploration Target

VANCOUVER, BC, Oct. 23, 2020 /CNW/ -A Filo Mining Corp. (TSXV: FIL) (Nasdaq First North Growth Market: FIL) ("Filo Mining", or the "Company") is pleased to announce that it is mobilizing crews and equipment to the Filo del Sol project site, and is on track to resume drilling operations in early November.A  Planning for the program includes a detailed COVID-19 protocol which involves a comprehensive testing and quarantine plan for all personnel prior to travelling to site.A  The protocol has been approved by the San Juan provincial health authority and meets or exceeds all current government requirements. View PDFCommenting on the upcoming program, President and CEO Jamie Beck stated, "Hole FSDH032, released earlier this year, intercepted 1,009m at 0.95% copper equivalent and confirmed the enormous potential for resource expansion at Filo del Sol.A A  Surface mapping, historic shallow drilling, and our recent 3D geophysical survey suggests this mineralization continues almost 2km to the north.A  We are excited about testing this area to the north, alongside additional high-grade targets identified by newly interpreted geophysical anomalies.A A  What really sets Filo apart is the optionality that exists at the deposit a?? our current focus on exploring the sulphide mineralization is backstopped by a PFS on the oxide reserves with strong economics, enhanced further by today's metals prices." The upcoming drill program will follow up on last season's outstanding results, which confirmed that the ultimate size of the mineralized system is far larger than what has been defined to date, and that the system is characterized by the presence of significant zones of high-grade copper, gold and silver mineralization within the overall mineralized envelope.A  The drilling, surface geological mapping and geophysical surveys completed last year have provided both the knowledge and the encouragement to allow us to continue to effectively test both these concepts.HIGH-GRADE TARGETSThe Filo del Sol deposit includes several high-grade zones including the distinct breccia-hosted zone of copper-gold mineralization intersected by FSDH038 last season (73 m at 2.04% CuEq (1.19% Cu, 1.06 g/t Au)).A  This style of mineralization has a distinctive geophysical signature characterized by high chargeability and low resistivity, and there is a clear anomaly roughly centred on FSDH038 with dimensions of about 500 metres north-south by 500 metres east-west.A  Holes FSDH032 and FSDH034 lie on the northern and southern boundaries of this feature.A 
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