EXPLORATION & DEVELOPMENT

Filo spin-off has sweet start

The spinoff of the Filo del Sol property from NGEx Resources into Filo Mining was successfully received, resulting in the creation of about C$70 million (US$53 million) in market value, CEO Wojtek Wodzicki told Mining Journal at the Precious Metals Summit in Beaver Creek, Colorado.

Since going its own way, Filo Mining has attracted a C$70 million market valuation

Since going its own way, Filo Mining has attracted a C$70 million market valuation

The transaction, facilitated to deliver greater shareholder value and allow NGEx to focus on its massive $3 billion Constellation copper-gold-silver project in the Americas, occurred on August 16 and saw...

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