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Filo to raise to continue drilling

Filo Mining is likely to return to the market to raise more equity towards the end of the year as it moves to year-round drilling at its Filo del Sol copper project in San Juan, Argentina, president and CEO Jamie Beck told Mining Journal at the Precious Metals Summit in Beaver Creek, Colorado.

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Filo Mining's Filo del Sol in San Juan, Argentina

The company has C$26 million in its treasury which will get it towards the end of the year.

"Between now and mid-December we will want to try and refill the treasury.