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San Lorenzo Commences Follow Up Drilling Program to Delineate the Recent Discovery Hole Drilled on the Salvadora Porphyry Target
(TheNewswire) CALGARY, ALBERTA – TheNewswire - June 15, 2023 – Sa...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Commences Follow Up Drilling Program to Delineate the Recent Discovery Hole Drilled on the Salvadora Porphyry Target\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n CALGARY, ALBERTA –\n \n \n TheNewswire\n-\n \n \n June 15, 2023\n \n \n – San\nLorenzo Gold Corp. (“\n \n \n San\nLorenzo\n \n \n ” or the “\n \n \n Corporation\n \n \n ”)\n \n \n (\n \n \n TSXV:SLG),\n(OTC:SNLGF)\n \n \n is pleased to announce the\ncommencement of the Phase 4 drilling program on the\n \n \n Caballo Muerto Zone (“\n \n \n CMZ Zone\n \n \n ”) on its Salvadora property in\nChile.\n \n \n \n \n The Phase 4 program is designed to expand on the\ndiscovery hole that was drilled during the 2022 drilling program.\n That hole, SAL 03-22, encountered significant porphyry style\nmineralization returning grades of 1.4 g/t gold over 112 meters.  The\nPhase 4 program is targeted for up to 2000 meters of drilling over up\nto 6 holes.  The final number of drill holes and their depths will be\ndetermined by field evaluation of mineralization as drilling\nprogresses.\n \n \n \n \n Figure 1 below provides the locations and directions of\nthe intended drill holes. The porphyry copper-gold system discovered\nin hole SAL 03-22 is open to the north, the north-west and west and at\ndepth.\n \n \n \n \n Figure 1\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Terry Walker, San Lorenzo’s VP Exploration stated:\n“The 2022 CMZ Zone drill program achieved a major milestone\nreturning a discovery hole that cut a copper-gold bearing porphyry\nalteration system on the Salvadora property.  We are excited that the\nmineralization and associated phyllic-potassic alteration in the\ncopper, gold and molybdenum enriched zone of hole SAL 03-22 is similar\nto that of the copper-gold porphyry deposits found in the Andean Mega\nPorphyry Copper Belt of Chile.  SAL 03-22 encountered mineralization\nright from surface with significant grades being encountered at true\nvertical depths between approximately 250 to 360 meters from surface.\n Not only do we intend to test the areal extent of the significant\ngrades, we also intend to obtain grades at shallower depths where our\nprevious surface geo-chem suggests that mineralization continues r...