San Lorenzo Cuts Mineralization in Next Holes of Ongoing Drilling Program
(TheNewswire)
CALGARY – TheNewswire- March 2, 2026 - San Lorenzo Gold Corp.("San Lorenzo" or the "Corporation") (TSXV: SLG) is pleased to provideassay results from the ongoing drilling program at Salvadora, SanLorenzo’s flagship property in Chile.
Arco de Oro Target
Partial results from SAL 09 – 25, the first hole drilled on the Arcode Oro target in the current program, are presented below:
Hole | Sector | Intercept | From | To | Width(m) | Au g/t | Ag g/t | Cu% |
Assay Results From Surface to 223.0 metresPending | ||||||||
SAL-09-25 | Arco de Oro | A | 223.0 | 232.0 | 9.0 | 1.07 | 1.0 | 0.10 |
B | 238.2 | 296.7 | 58.5 | 1.07 | 0.6 | 0.10 | ||
including | 270.0 | 281.1 | 11.1 | 3.78 | 1.4 | 0.34 | ||
including | 277.4 | 279.0 | 1.6 | 8.53 | 3.6 | 0.75 | ||
C | 307.7 | 368.0 | 60.3 | 1.01 | 0.4 | 0.09 | ||
including | 342.0 | 366.0 | 24.0 | 1.46 | 0.5 | 0.12 | ||
D | 380.0 | 420.2 | 40.2 | 0.58 | 0.3 | 0.05 | ||
including | 384.0 | 393.0 | 9.0 | 1.01 | 0.3 | 0.07 | ||
E | 423.7 | 480.0 | 56.3 | 0.46 | 0.3 | 0.04 | ||
F | 486.0 | 528.0 | 42.0 | 0.76 | 0.5 | 0.07 | ||
including | 517.0 | 528.0 | 11.0 | 1.36 | 0.8 | 0.12 | ||
G | 542.0 | 554.0 | 12.0 | 0.76 | 0.6 | 0.08 | ||
Open Below |
The first two holes at Arco de Oro were drilled on IP line D8 – aline completed during the summer of 2025 that stepped out 3.9 km tothe northwest of the Arco de Oro “core zone. The hole locations inrelation to an IP chargeability anomaly on line D8 are illustratedbelow:
San Lorenzo has not yet received assay results from the upper (surfaceto 223.0 metres) portion of the hole and are expected within the next2 weeks.
Commenting on the partial results from hole SAL 09 – 25, TerenceWalker, San Lorenzo’s VP of Exploration commented: “It isgratifying to see the trend continue fully 3.9 km further northwestfrom the northernmost hole we drilled previously on Arco. We lookforward to complete results from Hole SAL 9 – 25 and the numerousother nearby holes that have now been drilled in the Arco northwestextension”.
Cerro Blanco Target
Three holes (SAL 05 – 25, SAL 06 – 25 and SAL 07 – 25) weredrilled on the westerly extension to IP line C2 that was completedduring the summer of 2025. Results from those holes are presentedbelow:
Cerro Blanco Drill Hole Intercepts | ||||||||
Hole | Target | Intercept | From | To | Width(m) | Au g/t | Ag g/t | Cu% |
SAL-05-25 | Cerro Blanco | A | 131.5 | 167.5 | 36.0 | 1.53 | 0.4 | 0.07 |
B | 181.8 | 191.5 | 9.8 | 0.96 | 0.3 | 0.05 | ||
C | 255.4 | 265.6 | 10.2 | 0.68 | 0.2 | 0.03 | ||
D | 277.6 | 300.0 | 22.4 | 0.75 | 0.2 | 0.04 | ||
SAL-06-25 | Cerro Blanco | A | 11.6 | 17.0 | 5.4 | 0.73 | 0.3 | 0.03 |
B | 221.0 | 254.0 | 33.0 | 0.76 | 0.5 | 0.03 | ||
SAL-07-25 | Cerro Blanco | A | 155.0 | 177.4 | 22.4 | 0.57 | 0.3 | 0.03 |
B | 210.4 | 217.2 | 6.8 | 2.15 | 0.4 | 0.10 |
The location of the three holes drilled on the west side of the CerroBlanco litho-cap feature, together with their relation to IP line C2,are illustrated below:
The 3 Cerro Blanco holes drilled on the west side of the litho-capfeature followed the drilling of hole SAL 04 – 25 on the east sideof the litho-cap feature (see San Lorenzo press release dated January26, 2026).
Commenting on Cerro Blanco, Terence Walker commented: “Indicationsare that the Cerro Blanco system is stronger on the east side of thelitho-cap feature. However, and based on the overall width of themineralized intercepts we have received, the recent holes on the westside confirm the significant breadth of the Cerro Blanco system. Welook forward to continued drilling at Cerro Blanco”.
Drilling Continues
The 13th hole of the ongoing drill program isunderway - it being the 9th hole at Arco de Oro. Management of San Lorenzo has expanded the scope of the Arco de Orodrilling program to include the testing of several anomaliesidentified in San Lorenzo’s 2018 IP program
Additional Assay Information
San Lorenzo expects that assay results from the holesalready drilled on the Arco de Oro target will be available on aregular basis over the coming months. San Lorenzo looks forward toproviding stakeholders with regular updates as assay results areobtained. The correlation between sampleintervals and true widths are unknown as the systems are still beingmodeled.
Qualified Person
The scientific and technical information contained inthis news release has been reviewed and approved by Terence Walker,M.Sc., P. Geo., the VP of Exploration of San Lorenzo who is a"qualified person" within the meaning of National Instrument43-101.
Testing Procedures
Samples consisting of 50% of the HQ core are deliveredto the ALS Laboratories in Copiapó by San Lorenzo staff forpreparation which consists of drying and crushing to a 2 mm mesh andthen pulverized. The sample material is then delivered to ALS’sfacilities in Lima, Peru for gold analysis using the fire assaymethod. Samples also analysed by aqua-regia digestion to analyse forother elements including Ag and Cu.
Drill Hole and Assay Data
Drill collar data, including individual assay resultsfrom each of the holes presented in this news release, will beavailable on San Lorenzo’s website: www.sanlorenzogold.ca under the Salvadora sub-heading “Drill Hole and AssayData”.
About San Lorenzo
San Lorenzo is focused on advancing its flagship Salvadora propertylocated in Chile’s mega-porphyry belt with the phase 6 drillingprogram currently underway on 2 of 5 targets identified at Salvadora. Results obtained from prior phases of drilling - conducted on 4different targets so far - have convinced management that severalsignificant gold and copper enriched epithermal and/or porphyry stylesystems are contained within the Salvadora property.
For further information, please contact:
Terence (Terry) Walker, VP Exploration
Email: twalker@goldenrock.cl
Ph: + 56 9 5179 5902
Or:
Roger Blair or Jeff Wilson, Acuity Advisory Corp.
Email: info@acuityadvisorycorp.com
Ph: +1 604 351 0025 or +1 604 837 5440
Or:
Al Kroontje
Email: al@slgold.ca
Ph: +1 403 607 4009
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release.
Cautionary Note Regarding Forward-LookingInformation
This news release may contain forward-lookinginformation that involves substantial known and unknown risks anduncertainties, most of which are beyond the control of SanLorenzo including the timing and results of theCorporation’s drilling program. Allstatements included herein other than statements of historical factare forward-looking information Suchforward-looking information involves variousrisks and uncertainties. There can be no assurance that suchinformation will prove to be accurate, and actual results and futureevents could differ materially from those anticipated in suchinformation. Any forward-looking statements are made as of the date ofthis release and, other than as required by applicable securitieslaws, San Lorenzo does not assume any obligation to update or revisethem to reflect new events or circumstances.
Copyright (c) 2026 TheNewswire - All rights reserved.
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