Filo Corp. announced assay results from eight holes from the Filo del Sol Project. Drillhole FSDH103 intersected 1,260.0m at 0.86% CuEq from 296.0m in the Aurora Zone, including: 34.0m at 5.19% CuEq from 302.0m.

514.0m at 1.04% CuEq from 534.0m. Drillhole FSDH108 intersected 955.2m at 0.50% CuEq from 216.8m, including: 624.0m at 0.63% CuEq from 382.0m. Extends Bonita Zone 400m to the north.

Increases Filo deposit length to at least 5.5km. FSDH0101 was collared on Section 10700N, 90m south and 360m west of FSDH091, and drilled to the west at -68 degrees. The hole intersected rhyolite country rock to a depth of 421m where it entered the granite and continued in it to the end of the hole at 1,379.5m.

The hole appears to have been drilled just to the west of the main Filo trend and did not encounter the magmatic-hydrothermal breccia unit. One narrow porphyry interval was intersected from 1,325.3m to 1,363.5m. Mineralization was relatively low down to 540m, with the exception of a few sulphide veins from 1 to 10m thick, then increased from 540m to 550m and continued to the end of the hole with copper sulphides both disseminated and in veinlets.

FSDH102 was collared on Section 7000N, drilled to the east at -69 degrees, and was targeted below strong shallow oxide copper mineralization in the Tamberias Zone. The hole is located 500m to the west of FSDH029 which intersected 800m at 0.45% CuEq (0.24% Cu, 0.26 g/t Au, 1.8 g/t Ag). The hole intersected a mix of different porphyry phases and breccias, including mafic units not seen further north, to its end at 1,214.0m.

A shallow leached zone was intersected to a depth of 250m where a higher- grade incipient supergene enrichment zone was encountered to 349.6m. Grades average 0.15 ­ 0.20% CuEq from 478m to the end of the hole, cut by several mineralized sulphide veins up to 2m in length. FSDH103 was collared on Section 8600N, drilling across the Aurora Zone from the west towards the east at an angle of -69 degrees.

The hole intersected a strongly leached zone to a depth of 296m where it entered a strong supergene enrichment zone which continued to 357m and was highlighted by an 8m section at 10.06% Cu. This intersection is just below the PFS resource pit shell, offering the opportunity for an expansion to the oxide resource. The hole continued in rhyolite country rock to the main breccia contact at 494m and stayed in breccia to 1,545m when it entered a porphyry, and continued in the porphyry to the end of the hole at 1,623m.

Mineralization within the porphyry was in the 0.1% CuEq range. FSDH104 was collared on Section 10800N and drilled to the west at an angle of -69 degrees. This hole is located 277m southwest of FSDH085 and 800m east of FSDH091 and has successfully extended the Bonita Zone mineralization.

As with hole FSDH085, this hole was collared in a mineralized hydrothermal breccia with gypsum cement and containing specularite, pyrite, sphalerite, galena, chalcopyrite and bornite typical of an intermediate- sulphidation assemblage. Both holes intersected the western part of the breccia only, and it is open to the east, north, south and at depth. A 66m interval of the breccia in FSDH104 returned 0.48% CuEq (0.17% Cu, 0.15 g/t Au, 22.4 g/t Ag) and it remains as a secondary exploration target in the Bonita area.

This breccia is developed in rhyolite country rock which continues to a contact with granite country rock at 466m, displaying the same relationship as in hole FSDH085. The granite continues to about 1,200m where the hole encountered a breccia to the end at 1,446.8m. The entire hole is cut by sporadic sulphide veins and silicified ledges up to 6m in length and carrying moderate values of Cu, Au and Ag.

The deeper magmatic-hydrothermal breccia is tentatively correlated with similar breccia intersections in holes FSDH085 and FSDH091, suggesting a very large body which represents a high-potential exploration target. Similar to those holes, the best mineralization here is developed in a wide band spanning the breccia contact and appears to be relatively flat-lying. Taken together, these holes and others in the Bonita Zone are starting to outline a very large porphyry /breccia system which appears to be continuous to the south, towards the Aurora Zone, and remains open in all directions.

This mineralized breccia extends far to the east of the Filo trend and its southern extension would lie to the east of the main trend. FSDH105 was collared on Section 10300N and drilled to the west at an angle of -70 degrees. This hole is located 780m southwest of FSDH104 and 300m east of FSDH087.

The hole intersected an unusual width of microdiorite to a depth of 630m and possibly drilled down a microdiorite dyke rather than intersecting a large body of this lithology, as it is not seen anywhere near this width elsewhere in the deposit area. The hole then transitioned to granite until its end at 1,449.0m. The absence of the magmatic-hydrothermal breccia in this hole suggests it was drilled just to the east of the main Aurora trend.

FSDH106 was collared on Section 8800N, 200m east of FSDH047, and drilled towards the east at an angle of -71 degrees to investigate the eastern part of the Aurora Zone. After a thin leached zone, the hole averaged 0.24% CuEq over 164m from 26m, with grades diminishing below this to an average of 0.1% CuEq for the rest of the hole. The hole intersected rhyolite country rock with strong quartz veining and primarily phyllic alteration throughout its length.

This hole was targeted to test the eastern extent of the Aurora Zone and establishes a minimum width of 1.2km for this area of the deposit, with FSDH100 the westernmost hole on this section. The deposit is still open to the west, beyond FSDH100. Additional drilling is required to the east of FSDH106 in order to fully test the magnetotelluric conductivity geophysical anomaly which defines a possible eastern structural trend parallel to the main Filo trend.

This eastern trend would be consistent with a southern extension to the intersections in hole FSDH085 and FSDH104 described above and remains a compelling exploration target.