Two core holes have been completed to-date on the Joss high grade gold target.

The results are from the ongoing expansion drill campaign the company is conducting as it prepares a PEA by the end of the year.

The company has drilled about 260,000 metres within the last three years.

Production reached 8,589 oz in July, a 46% increase over June.

Gold miner posted a 39% fall in first-half pretax profit on Thursday, as a drop in its production outweighed an improvement in pricing.

The precious metals miner said lower outstanding debt, resulting in a decrease in finance costs had also contributed to the profit increase.

Additional high-grade mineralization was intersected in the footwall corridor during the same drill campaign.

"Filo del Sol is growing into one of the largest copper-gold-silver discoveries ever," company says.