Mining News
Ranking amongst the greats - Filo Mining's Jamie Beck on its large undeveloped copper project
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(Kitco News) - Filo Mining CEO Jamie Beck was awarded Kitco's Mining CEO Of The Year 2022 in the non-operating category.
At PDAC 2023 Beck sat for an interview with correspondent Paul Harris. Beck was surprised with the trophy at the end of the interview.
Filo Mining (TSE:FIL) is a standout exploration company. It traded at $2 a share at the start of the decade. It now trades just above $20 a share.
Filo del Sol hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system.
Outstanding drill results have propelled the stock higher. Some highlights are hole FSDH032, which returned a total intercept of 1,009m @ 0.95% CuEq. Filo is also endowed with precious metals. Hole FSDH055A returned 64m @ 1,214 gpt Ag and 0.49 gpt Au, ranking it as one of the top silver intercepts globally in the past decade.
"It has the full range of precious metals and copper," noted Beck. "Long intercepts, high grade—the full gambit."
The Filo del Sol Project is located in the San Juan Province of Argentina and the adjacent Atacama Region of Northern Chile. It straddles the border between Argentina and Chile. The project is high. Elevations on the property range from 3,800 to 5,400 metres above sea level.
The Lundin Family Trust has a majority 32% share of Filo Mining.
Current indicated resource shows 4.4 million ounces of gold, 147 million ounces of silver and 3.1 billion pounds of copper.
"'Our goal is to develop Filo Del Sol into the world's largest undeveloped copper project," said Beck. "It really has the potential to rank amongst the greats in the copper industry. That's the prize at Filo."
Upon receiving the award Beck recognized the Lundin family in driving the project.
"This is a company that was founded and driven by the Lundin Family. We lost Lukas Lundin in 2022 who was not only a great friend but a mentor," said Beck.
"It's really the Lundin family who persevered with their belief and support of the project through all the years, as well as the support of the team [on site]."
