(TheNewswire)
Calgary , Alberta - TheNewswire - December 7,2021 - San Lorenzo GoldCorp . (" San Lorenzo " orthe " Company ")( tsxv:slg ) ( OTC ::SNLGF) announces that it hasreceived official notification of acceptance from the Chilean NationalGeology and Mining Service (SERNAGEOMIN) of its planned diamonddrilling program on the Company’s large scale Copper – GoldPorphyry Salvadora Project (“Salvadora”) located in Chileapproximately 15 km from the world class El Salvador copper-gold mine(Figure 2). SanLorenzo is planning to drill approximately 4,000 metres beginning inearly 2022 utilizing ten new and 2 existing drill platforms from itsprevious diamond drilling programs.
The upcoming drilling will focus on the CMZ zone(Figure 1) which is approximately eight square kilometres of intensealteration coincident with high copper in soils and a strong InducedPolarization (“IP”) chargeability anomaly. Drilling in 2018intersected the edges of a porphyry copper-gold system that returnedencouraging grades of:
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156 metres of 0.28% copper and 0.08g/t gold
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35 metres of 0.28% copper and 0.11g/t gold
Figure 1 – Salvadora Project – CMZ is focus ofupcoming drill programme
Figure 2 – Salvadora Project in proximity to worldclass El Salvador copper-gold mine
Qualified Person
The scientific and technical information contained inthis news release has been reviewed and approved by Terence Walker,M.Sc., P.Geo., who is a "qualified person" within themeaning of National Instrument 43-101.
For further information on the Company, readers arereferred to the Company’s website at www.sanlorenzogold.com and itsCanadian regulatory filings on SEDAR at www.sedar.com .
About San Lorenzo Gold Corp.
San Lorenzo Gold is in the business of exploring forand advancing mineral properties. The Company currently has three100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. The Salvadora property is being explored for large scale copper-goldporphyry targets and high grade epithermal gold-silver-copper veinsystems, Nancagua is a high grade mesothermal gold-silver property andPunta Alta is a copper – gold porphyry property with relateddisseminated and vein style copper-gold-silver-cobalt mineralization.
For further information, please contact: KenBooth
Email: kbooth@sanlorenzogold.com
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Cautionary Note RegardingForward-Looking Information
This press release may containforward-looking information that involves substantial known andunknown risks and uncertainties, most of which are beyond the controlof San Lorenzo. All statements included herein, other thanstatements of historical fact, are forward-looking information andsuch information involves various risks and uncertainties. There canbe no assurance that such information will prove to be accurate, andactual results and future events could differ materially from thoseanticipated in such information. Any forward-looking statements aremade as of the date of this release and, other than as required byapplicable securities laws, San Lorenzo does not assume any obligationto update or revise them to reflect new events orcircumstances.
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