San Lorenzo Drills Discovery Hole at Cerro Blanco, Reporting 153.5 M of 1.04 G/T GOLD and Reports 39.6 Metres of High-Grade GOLD IN Three Intervals IN the First Hole at Arco de Oro
SAN LORENZO DRILLS DISCOVERY HOLE AT CERRO BLANCO, REPORTING 153.5 M OF 1.04 g/t GOLD and
REPORTS 39.6 METRES OF HIGH-GRADE GOLD IN THREE INTERVALS IN THE FIRST HOLE AT ARCO de ORO
CALGARY / March 3, 2025 / San Lorenzo Gold Corp. (" San Lorenzo" or the " Company") (TSXV: SLG) is
pleased to announce assay results from the first of 3 recently drilled holes on its Cerro Blanco gold/copper
porphyry target as well as partial results from the first of 3 holes recently drilled on its Arco de Oro
epithermal gold target. Cerro Blanco and Arco de Oro are targets located within San Lorenzo’s flagship
Salvadora property in Chile.
San Lorenzo’s CEO Al Kroontje commented that “it’s extremely gratifying to be announcing a discovery
hole with our first drill test of Cerro Blanco, a target management has had high conviction about. Cerro
Blanco is a very large target and we’re just scratching the surface with the three reconnaissance holes in
the current program. Arco do Oro has, again, generated results that confirm the robustness of this large,
high-grade gold system. Arco has the scale to contain a large resource. San Lorenzo is fortunate to control
a property that has not one or two, but five high quality target areas. We plan to expand on our
exploration efforts to advance this high-quality project.”
1) Cerro Blanco
The table below shows the mineralized intervals and assay results from Hole SAL 01-24 - the first of the 3
holes recently drilled on the Cerro Blanco copper/gold porphyry target.
Hole # From(m) To(m) Width(m) Au g/t Ag g/t Cu %
SAL
01-24 229.0 382.5 153.5 1.04 1.0 0.05
including 290.5 382.5 92 1.38 1.1 0.06
including 331.7 335..5 3.8 12.78 6.5 0.51
Cerro Blanco is a two-by-two kilometer area of coincident copper/gold soil and rock geochemistry, IP
chargeability and exposed lithocap that San Lorenzo believes overlays a mineralized porphyry center.
Cerro Blanco has never been drilled before. Mineralization in hole 01-24 continued to the bottom of the
hole, indicating the mineralized system remains open to depth.
Commenting on the Cerro Blanco results, Terence Walker, San Lorenzo’s VP of Exploration explained: “The
initial drill program on Cerro Blanco was designed as a widely spaced first pass recon program. It was
intended to confirm the company's opinion that the coincident strong surface copper and gold sample
values, the alteration types observed in the local intrusive and volcanic rocks and the underlying
2
IP/Chargeability anomalies are part of a local gold/copper enriched porphyry deposit similar to those at
the nearby El Salvador mine complex. These assays results indicate the hole’s position in the outer margin
of a porphyry deposit, and we feel extremely fortunate to have received such significant results from the
very first hole drilled on this exciting target.”
Terry Walker continued: “The assay results correspond exceedingly well with our IP interpretation which
reinforces our belief that IP will continue to be a valuable tool during future drilling.”
San Lorenzo has been advised that assay results from the other two holes recently drilled on the Cerro
Blanco porphyry target will be forthcoming during the next approximately 2 weeks. Holes two and three
contain alteration and mineralization similar in appearance to hole one.
2) Arco de Oro
The table below provides assay results from Hole SAL 01-25 - the first of the 3 holes recently drilled on
the Arco de Oro epithermal multi-vein feature. This hole is a 300 metre step out to the northwest along
trend from past drilling at Arco.
Hole # From(m) To(m) Width(m) Au g/t Cu %
SAL
01-25 A 15.7 22.2 6.6 5.61 Pending
including 15.7 18.0 2.3 11.14 Pending
B 110.0 119.7 9.7 4.4 Pending
including 117.0 118.4 1.4 12.2 Pending
C 151.1 174.4 23.3 4.8 Pending
including 152.8 156.8 4.0 17.95 Pending
Terry Walker provided the following observations regarding Hole SAL 01–25: “The gold assays received
from the first of the 3 holes recently drilled on Arco de Oro confirm our thesis that several epithermal
vein systems are converging in a northwesterly direction – as suggested by the strengthening and
widening of the IP chargeability anomaly in that direction. With extensions of high-grade mineralization
over significant widths continuing as we head northwest, the need to actively explore the additional 2.5
km of strike to the northwest - evident from shallow artisanal workings - is very much warranted.”
3
Arco de Oro is a five-kilometer trend of epithermal veining indicated by surface exposures and
numerous small shallow artisanal workings. Every hole drilled by San Lorenzo at Arco de Oro has
reported at least one significant gold intercept, indicating the strength and consistency of this large gold
system. High grade results have been obtained to a depth of 300 metres.
San Lorenzo is only in receipt of the gold assays from Hole SAL 01–25 with copper and other elements
expected during the upcoming week.
Management is planning significant follow up programs at both Cerro Blanco and Arco de Oro with
additional drilling also planned for the Tres Amigos copper-rich epithermal system. Further drill results
from Arco de Oro and Cerro Blanco will be reported as they are received and interpreted, and future
exploration plans will be announced once all current drill results are received.
Sample Handling and Qualified Person
All drill core logging, sample selecƟon, cuƫng, bagging and delivery to the ALS lab in Copiapó was
carried out by San Lorenzo staff under the on-site supervision of Eric Hanson P . Geo. and QP .
Terence Walker, P . Geo., a qualified person for purposes of NI 43-101, has reviewed and approved the
contents of this release.
About San Lorenzo
Sam Lorenzo is focused on advancing its flagship Salvadora property located in Chile’s mega-porphyry
belt. Results obtained from drilling programs already conducted on 4 different targets have convinced
management that several significant gold and copper enriched epithermal and porphyry style systems lie
within the boundaries of the Salvadora property.
San Lorenzo looks forward to providing continued updates on the recent Cerro Blanco and Arco de Oro
drilling in the coming weeks.
For further information, please contact:
Terence (Terry) Walker, VP Exploration
Email: [email protected]
Ph: + 56 9 5179 5902
Or:
Roger Blair or Jeff Wilson, Acuity Advisory Corp.
Email: [email protected]
Ph: +1 604 351 0025 or +1 604 837 5440
Or:
Al Kroontje
Email: [email protected]
Ph: +1 403 607 4009
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.
4
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 news 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. 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.