Gold, silver, and copper appear near the surface at Filo Sur, making mining companies look at San Juan as a new treasure map in the Andes.

Written by Viviane Alves

Published on 20/05/2026 at 15:26

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Drillings by Mogotes Metals reveal valuable metals at shallow depth and reinforce the strategic potential of the Vicuña district in South American mining

A mineral discovery announced in May 2026 has once again put the Andes in the spotlight of global mining. The Canadian company Mogotes Metals confirmed results considered relevant in the Filo Sur project, located in San Juan, Argentina, after identifying a continuous band of gold, silver, and copper at a relatively shallow depth.

The minerals were found starting from 108 meters deep, a number considered low by traditional mineral exploration standards. The most significant interval reached 86 continuous meters, containing an average of 0.7% copper, 0.55 grams of gold per ton, and 2.7 grams of silver per ton. Industry experts highlight that deposits close to the surface tend to reduce operational costs and increase economic interest in future exploration stages.

Filo Sur Project gains attention in the Vicuña district

The discovery occurred during drilling campaigns conducted at the target known as Albor, within the Filo Sur project. Complementary laboratory results are still pending release, but the initial data has already heightened international attention on the Andean region.

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Proximity to Filo del Sol strengthens geological potential

The Filo Sur project is located less than 3 kilometers from the Filo del Sol deposit, considered one of the largest recent copper discoveries in previously unexplored areas. This proximity immediately increased the interest of the international mineral market.

Information released by Mogotes Metals indicates that the same geological structure responsible for neighboring deposits crosses the area analyzed in Filo Sur. This factor reinforces the mineral potential of the project and raises expectations around the next drilling stages conducted in the Argentine Andes.

Shallow mineralization may increase investor interest

Cylinders of mineralized rocks with apparent presence of gold in a mining laboratory, representing analyses conducted after drilling in the Filo Sur project, in Argentina. — Rock samples taken during drilling in a mineralized area similar to the Filo Sur project reveal signs of gold, copper, and silver in a geological laboratory.

The depth of a deposit is usually crucial for assessing economic viability in mining. Areas with metals concentrated near the surface generally attract more attention because they may require lower operational costs during future development phases.

Continuous bands of copper, gold, and silver, like those identified by Mogotes Metals, also tend to attract interest from investors linked to the global mineral sector. The advancement of laboratory analyses may indicate whether Filo Sur harbors an even more extensive mineralized zone beneath the Argentine soil.

Could Filo Sur reveal a new large mineral zone of gold, silver, and copper hidden beneath the Argentine Andes?

Gold, silver, and copper appear near the surface at Filo Sur, making mining companies look at San Juan as a new treasure map in the Andes.

Drillings by Mogotes Metals reveal valuable metals at shallow depth and reinforce the strategic potential of the Vicuña district in South American mining

Filo Sur Project gains attention in the Vicuña district

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Proximity to Filo del Sol strengthens geological potential

Shallow mineralization may increase investor interest

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Gold, silver, and copper appear near the surface at Filo Sur, making mining companies look at San Juan as a new treasure map in the Andes.

Drillings by Mogotes Metals reveal valuable metals at shallow depth and reinforce the strategic potential of the Vicuña district in South American mining

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