| Announcement Date: | 2022-10-17 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | San Lorenzo Gold Corp. |
| Project name: | Salvadora |
| Location: | Chile |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Drilling results incl. 282.3m at 0.1% Cu, 0.66g/t Au, 0.6g/t Ag from 233m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | CALGARY, ALBERTA, October 17, 2022 – San Lorenzo Gold Corp. (“San Lorenzo” or the “Corporation”) (TSXV – SLG, OTCQB – SNLGF) is pleased provide assay results from the Cabello Muerto Zone (“CMZ Zone”) that include the results of a copper-gold porphyry discovery hole on its flagship Salvadora property in Chile, as follows The 2022 Phase 3 program was designed to offset Hole 6 of the 2018 program that provided indications of the existence of a copper-gold porphyry system. The objective was to explore for a higher-grade core to the system. San Lorenzo is extremely pleased to announce that Hole 3 of the 2022 program, a direct north-west offset to Hole 6 of the 2018 program, did encounter the significantly higher grades and widths in porphyry style alteration and mineralization that were hoped for. Terry Walker, VP Exploration stated “The 2022 CMZ Zone drill program achieved a major milestone returning a discovery hole that cut a copper-gold bearing porphyry alteration system on the Salvadora property. |
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