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SLG.V ·

San Lorenzo Announces Completion of Drilling Program

Exploration Programs

SAN LORENZO ANNOUNCES COMPLETION OF DRILLING PROGRAM

CALGARY, ALBERTA, June 15, 2022 – San Lorenzo Gold Corp. (“ San Lorenzo ” or the

“Corporation”) (TSXV – SLG, OTCQB - SNLGF) is pleased to announce the completion of a

diamond drilling program on its flagship Salvadora property in Chile (please see San Lorenzo

press release dated March 10, 2022).

The 10 hole program involved the drilling of 4,091 meters of diamond drilling. Drill core from the

program continues to be prepared and shipped to ALS Laboratories in Lima Peru for assaying.

Assay results are expected in approximately 4 weeks at which time San Lorenzo will provide that

information via a further press release.

For further information on the Corporation, readers are referred to the Corporation’s website at

www.sanlorenzogold.com and its Canadian regulatory filings on SEDAR at www.sedar.com.

About San Lorenzo Gold Corp.

San Lorenzo Gold is in the business of exploring for and advancing mineral properties. The

Corporation currently has three 100% owned properties in Chile: Salvadora, Nancagua and Punta

Alta. The Salvadora property is being explored for large scale copper-gold porphyry targets and

high grade epithermal gold-silver-copper vein systems, Nancagua is a high grade mesothermal

gold-silver prospect and Punta Alta is a copper – gold porphyry prospect with related

disseminated and vein style copper-gold-silver-cobalt mineralization.

For further information, please contact:

Al Kroontje

Email: [email protected]

or:

Terry Walker, VP Exploration

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this news release.

Not for distribution to United States newswire services or for release, publication, distribution or

dissemination directly, or indirectly, in whole or in part, in or into the United States

Cautionary Note Regarding Forward-Looking Information

This press release may contain forward-looking information that involves substantial known and unknown

risks and uncertainties, most of which are beyond the control of San Lorenzo. All statements included

herein other than statements of historical fact, including statements pertaining to the drilling program, are

forward-looking information. Such forward-looking information involves various risks and

uncertainties. There can be no assurance that such information will prove to be accurate, and actual results

and future events could differ materially from those anticipated in such information. Any forward-looking

statements are made as of the date of this release and, other than as required by applicable securities

laws, San Lorenzo does not assume any obligation to update or revise them to reflect new events or

circumstances.