Business
San Lorenzo Completes Next Phase of Salvadora Drill Program
(TheNewswire) Calgary, Alberta – TheNewswire - August 3, 2023 – San L...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Completes Next Phase of Salvadora Drill Program\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 August 3, 2023 – San Lorenzo Gold Corp.\n \n \n (TSXV:SLG)\n \n \n (“\n \n \n San\nLorenzo\n \n \n ”) is pleased to announce completion of\nthe additional drilling on the Caballo Muerto Zone of its flagship\nSalvadora property in Chile.\n \n \n \n \n The drilling program was designed to expand upon the\ndiscovery hole that was drilled during San Lorenzo’s 2022 drilling\nprogram.  That hole, SAL 03-22, encountered significant porphyry\nstyle mineralization returning grades of 1.44 g/t gold over 112\nmeters.\n \n \n \n \n This program involved the drilling of 4 holes totaling\n1414.4 meters of drilling – all of which offset the SAL 03-22\ndiscovery hole.\n \n \n \n \n Figure 1 below provides the\nlocations and directions of the holes drilled:\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“We are pleased to report that significant mineralization and the\nsame style of alteration as in SAL-03-22 was encountered in each hole.\n We are excited to receive the assay results from these in the near\nfuture and plan to follow up with much larger and systematic drilling\nprograms to define the gold- copper resources within the CMZ and the\nfive other porphyry copper-gold and related high-grade epithermal\ngold-silver-copper zones.\n \n \n \n \n Gordon Aldcorn, San Lorenzo’s VP Corporate\nDevelopment commented” “Our Salvador property, that totals 8,969\nha’s and is on trend and just 15km from the El Salvador mine (that\nhas been in production for over 60 years), is endowed with a number of\nmineralized zones of merit.  The Arco de Oro and the Tres Amigos\nepithermal systems have exhibited favorable drill results to date,\nwhile the Caballo Muerto zone currently being drilled is just one of\nseveral copper-gold rich porphyry style alteration zones on the\nproperty that merit further exploration.  As our limited drill\nprogram generates further data we will\n \n \n continue\nto seek opportunities to further our objective to uncover our target\nporphyry objective while also exploring means...