Filo Mining Strikes Major Deal, Awaits Drilling Resumption
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Filo Mining Strikes Major Deal, Awaits Drilling Resumption

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Filo Mining (TSE:FIL) has released an update.

Filo Mining has announced a lucrative transaction with BHP and Lundin Mining, valuing the company at CAD 4.1 billion, which is set to provide Filo’s shareholders with significant value. Drilling operations at the Filo del Sol deposit were temporarily halted due to weather conditions, but the released assays continue to show promising results, with full outcomes pending completion. The company eagerly anticipates resuming drilling when conditions permit.

For further insights into TSE:FIL stock, check out TipRanks’ Stock Analysis page.

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