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San Lorenzo Provides Results from Salvadora Follow up Drilling Program - Porphyry Style Mineralization with Gold Grades Encountered in All 4 Holes Including Intercept of 74m of 1.20 g/T AU + 0.10% CU
(TheNewswire) Calgary, Alberta - TheNewswire - October 4, 2023 - San Lorenzo Go...
About this update from San Lorenzo Gold Corp
[{"type":"text","content":"San Lorenzo Provides Results from Salvadora Follow up Drilling Program - Porphyry Style Mineralization with Gold Grades Encountered in All 4 Holes Including Intercept of 74m of 1.20 g/T AU + 0.10% CU\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 October 4, 2023 -\n \n \n San Lorenzo 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 \n \n (\n \n \n OTC:snlgf\n \n \n ) is pleased to\n \n \n provide assay results\nfrom the recently completed drilling program on the Cabello Muerto\nZone (“\n \n \n CMZ Zone\n \n \n ”) of its flagship Salvadora property in Chile.  The\nprogram was conducted to follow-up the gold-copper porphyry discovery\nhole drilled in 2022.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n The 2023 Phase 4 program was undertaken to offset Hole\n3 of the 2022 program - a discovery hole that established the\nexistence of a significant gold-copper porphyry system\n \n \n (see San Lorenzo press release dated Oct 17,\n2022)\n \n \n .  The objective of the 2023 drill program\nwas to establish an extension to the system.\n \n \n \n \n San Lorenzo is pleased to announce that Holes 1, 2 and\n4 of the 2023 Phase 4 program, direct east-west offsets to Hole 3 of\nthe 2022 program, did confirm extensions to the higher grades and\nwidths of porphyry style alteration that were hoped. The\nmineralization and alteration encountered in hole 3-23 also appears to\nindicate the existence of an adjacent, slightly older, porphyry system\nwhich is in keeping with the cluster of mineralized systems found at\nthe El Salvador deposit.\n \n \n \n \n Figure 1 -\nRendering of drill hole results\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 excited that the mineralization and associated\nphyllic-potassic alteration in the copper, gold and molybdenum\nenriched zone of Holes 01-23, 02-23 and 04-23 match those of the\ncopper-gold porphyry deposits found in the Andean Mega Porphyry\nBelt.\n \n \n \n \n Commenting on next steps, Mr. Walker continued:\n \n \n “While there are several more porphyry targets\nat Salvadora evident from surface ...