San Lorenzo Begins Permitting Diamond Drill Programme ON Its 100% Owned Large Scale Copper- GOLD Porphyry Salvadora Project, Chile
SAN LORENZO BEGINS PERMITTING DIAMOND DRILL PROGRAMME ON ITS
100% OWNED LARGE SCALE COPPER- GOLD PORPHYRY SALVADORA
PROJECT, CHILE
Calgary, Alberta, October 27, 2021: San Lorenzo Gold Corp. (" San Lorenzo " or the
"Company") (TSXV - SLG) announces that is has commenced the permitting process for a
diamond drill programme on its 100% owned Salvadora Copper – Gold Project (“Salvadora”)
located in Chile. The planned drilling at Salvadora will follow up on two previous limited
diamond drill programmes conducted by the Company in 2016 and 2018 totalling 13 holes and
2,727 metres.
Previous drilling in the porphyry style alteration zones returned encouraging copper –
gold grades;
o 156 metres of 0.28% copper and 0.08 g/t gold
o 35 metres of 0.28% copper and 0.11 g/t gold;
Figure 1 – Salvadora Project
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The Company also announces that is has granted 500,000 stock options to advisors to acquire
San Lorenzo common shares at $0.12 per common share for two years.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Terence Walker, M.Sc., P.Geo., who is a "qualified person" within the meaning of
National Instrument 43-101.
For further information on the Company, readers are referred to the Company’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
Company 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,
Nancagua is a high grade mesothermal gold property and Punta Alta is a copper – gold
porphyry property with related disseminated and vein style copper-gold-silver-cobalt
mineralization.
For further information, please contact: Ken Booth
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, are forward-looking information and such 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.