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San Lorenzo Commences Exploration on It's 100% Owned Large Scale Copper - Gold Porphyry Salvadora Project, Chile
(TheNewswire) Calgary , Alberta – TheNewswire - May 12, 20...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Commences Exploration on It's 100% Owned Large Scale Copper - Gold Porphyry Salvadora Project, Chile \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Calgary\n \n \n , Alberta –\n \n \n TheNewswire -\n \n \n May 12, 2021\n \n \n :\n \n \n San Lorenzo Gold Corp\n \n \n . (\"\n \n \n San\nLorenzo\n \n \n \" or the \"\n \n \n Company\n \n \n \") (\n \n \n tsxv :slg\n \n \n )\n \n \n announces that exploration has commenced on\n \n \n its 100% owned Salvadora Copper – Gold Project\n(“Salvadora”) located in Chile.  The Company is conducting a\nproperty wide magnetometer (“MAG”) survey, the first time MAG has\nbeen done at Salvadora, and will consist of approximately 260 line\nkilometres.  The 100% owned Salvadora Project is 8,796 hectares and\nis geologically situated in one of the productive copper belts in\nChile and is approximately 15 km from the world class El Salvador open\npit copper-gold mine (see Figure 1).\n \n \n \n \n The commencement of exploration work by San Lorenzo is\na key milestone for the Company as it marks the beginning of San\nLorenzo’s own work on Salvadora that will ultimately lead to a large\ndiamond drill programme on what is one of Chile’s most prospective\nlarge scale copper – gold porphyry systems.  Following the MAG\nsurvey San Lorenzo will be conducting an Induced Polarization\ngeophysical survey to following up on positive results from previous\nlimited sized IP surveys.  The MAG survey\n \n \n \n \n will be used to outline structures\nand phases of intrusive activity.  The MAG survey started in the\ncentral zone (see Figure 2) where previous exploration has outlined\nfavourable geology, alteration and copper mineralization consistent\nwith copper – gold porphyry systems.\n \n \n \n \n Salvadora Copper – Gold Project\nHighlights\n \n \n \n \n \n \n - Potential to discover large bulk mineable copper –\ngold porphyry\n \n \n \n \n - 15 km from world class billion\n \n \n +\n \n \n tonne El Salvador\ncopper – gold porphyry mine\n \n \n \n \n - Geologically very similar to El Salvador mine\nincluding:\n \n \n \n \n \n \n - Style of mineralization;\n \n \n \n \n - Alteration;\n \n \n \n \n - Favourable copper bearing rocks are similar\nage;\n \n \n \n \n \n \n \n \n \n \n - P...