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San Lorenzo Completes Initial Phase of Drilling and Extends Program with Additional Hole at Cerro Blanco Target of Salvadora Project, Chile
(TheNewswire) CALGARY – TheNewswire - January 16 , 2025 - San Lore...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Completes Initial Phase of Drilling and Extends Program with Additional Hole at Cerro Blanco Target of Salvadora Project, Chile\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n CALGARY –\n \n\n TheNewswire -\n \n\n January\n \n\n 16\n \n\n ,\n2025 -\n \n San Lorenzo Gold Corp. (\"\n \n San Lorenzo\n \n \" or the \"\n \n Company\n \n \") (TSXV: SLG) is\npleased to report that the initial phase of the recently announced\ndiamond drilling program – on the “Cerro Blanco” target of the\nCompany’s Salvador Gold/Copper Project in Chile - has been\nsuccessfully completed.  Drilling at Cerro Blanco included an\nadditional hole that was warranted to further test the target\n \n .\n \n\n\n\n Cerro Blanco Drilling\n \n\n\n The drilling program was slated to begin with 2 holes on the Cerro\nBlanco feature - with a 3\n \n rd\n \n hole contingent on indicators from those first 2 holes.\n The 3\n \n rd\n \n hole was\ncontingent insofar as it required additional access road construction.\n Based on indicators from the first 2 holes, it was concluded that\nadditional access road construction was warranted, and the third hole\nshould be drilled.  All three holes have now been completed –\ninvolving 1090 metres of drilling.  The locations were chosen to\ncorrespond to chargeability anomalies identified in San Lorenzo’s\ninduced polarity (“\n \n IP\n \n ”)\nprograms.\n \n\n\n Drilling Indicators\n \n\n\n San Lorenzo’s VP, Exploration, Terence (Terry) Walker stated, “We\nare very pleased with the progress to date of the drilling program at\nCerro Blanco. In the first two holes, significant alteration and\nsulphide mineralization was encountered at vertical depths of 190 and\n140 metres respectively, below the leached cap.  The appearance of\nsulphides corresponded exceedingly well with the IP chargeability\nanomalies, giving management high confidence that IP will serve to be\na useful ongoing tool during additional exploration and future drill\ntesting.  The IP chargeability anomaly reflecting this zone is open\nbeyond the current area where reconnaissance drilling has now been\ndone - to the NW, SE and NE and at depth - warranting consideration\nfor additional drilling to better understand the potential and extent\nof th...