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Mogotes Metals Inc. ( (TSE:MOG) ) has shared an announcement.
Mogotes Metals has ramped up drilling at its Filo Sur project, now operating three diamond drill rigs across key targets on both the Argentine and Chilean sides of the property. The current campaign has progressed from lower-altitude prospects such as Cruz del Sur and Stockwork Hills to higher-priority zones at Meseta and Camino, with Cruz del Sur expanded from one to four holes after promising geological signs.
Drilling in Chile is now testing the Meseta high-sulphidation precious metals target near the boundary with the neighbouring BHP/Lundin Filo del Sol project, with plans to shift to the lower-altitude Luz del Sol target as conditions allow. Mogotes expects to release drill results on a target-by-target basis, with initial assays from Cruz del Sur and Stockwork Hills anticipated in March, and will showcase the Filo Sur program to investors at PDAC 2025 in Toronto.
More about Mogotes Metals Inc.
Mogotes Metals Inc. is a mineral exploration company focused on copper, gold and silver in the Vicuña district straddling Argentina and Chile. Its flagship Filo Sur project adjoins the large Filo del Sol copper-gold-silver discovery and lies along the same north-south mineralized belt as several major regional deposits, positioning the company in a highly prospective Andean mining district.
Average Trading Volume: 557,849
Technical Sentiment Signal: Buy
Current Market Cap: C$192.5M
Learn more about MOG stock on TipRanks’ Stock Analysis page.