Filo Mining has reported the results of a preliminary economic assessment (PEA) of its 100% owned Filo del Sol project on the border between Argentina and Chile. The open-pit project would produce an estimated 50,000 metric tons per year (mt/y) of copper, 115,000 oz/y of gold, and more than 5 million oz/y of silver over a mine life of 13 years.
Preproduction capital is estimated at $792 million, including $71 million in capitalized pre-stripping. Mine production would be followed by heap leach processing to produce copper cathode and gold-silver doré.
