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Filo Expands Oxide Copper and Gold Zones – Drilling Intersects 0.77% Copper Over 102 Metres and 0.73 g/t Gold Over 112 Metres

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 10, 2017) – Filo Mining Corporation (TSX VENTURE:FIL)(NASDAQ OMX:FIL) (“Filo Mining” or the “Company”) is pleased to announce the latest results from the 2016/2017 drill program at the Filo del Sol project. The focus of the program was on the oxidized portion of the system and on evaluating its potential to be processed by heap leaching. The results released today continue to expand the gold oxide zone that forms the upper part of the current resource and have identified a potential new zone of shallow oxide copper and gold mineralization 1 kilometre south of the current resource at the Filo South zone.