San Lorenzo Mobilizes Drilling at Salvadora Copper/Gold Property

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San Lorenzo Mobilizes Drilling at Salvadora Copper/Gold Property
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San Lorenzo has mobilized drilling equipment to its Salvadora property in Chile to test the Cerro Blanco target. The program will consist of up to seven diamond drill holes totaling 2,000 meters, targeting three areas with the potential to host large porphyry-style deposits.

San Lorenzo Mobilizes Drilling Equipment to Cerro Blanco Target at Salvadora Copper / Gold Property, Chile hat permits have been obtained and diamond drilling equipment has been mobilized to the Company’s flagship Salvadora property, located 15 kilometres (“km”) from the world class El Salvador Copper / Gold (“Cu”/“Au”) porphyry deposit located within Chile ’s mega porphyry belt in the Province of Chañaral, Region III, Chile .

The diamond drilling program will commence immanently and test three separate target areas with up to seven holes for up to 2,000 metres (“m”). Two of the three target areas, Arco de Oro and Tres Amigo, have already generated impressive prior drill results such as Hole SAL 04-22 that returned 22.5m of 4.74 g/t Au and 0.18% Cu, that included 6.5m of 16.27 g/t Au and 0.39% Cu, and 1.5m of 58.18 g/t Au and 0.38% Cu, and Hole SAL 06-16 that returned 34.0m of 1.48% Cu and 0.22 g/t Au, including 6.0m of 5.71% Cu and 0.1 g/t Au. Those holes will be followed up in this program.: Cerro Blanco is a hydrothermal alteration zone with surficial copper and gold enrichment in rocks and soils with an underlying IP/Resistivity anomaly located in the north-eastern quadrant of the 9,069 ha (90.69 sq km) Salvadora property with the potential to host large porphyry style deposits. Drilling within the highly prospective Cerro Blanco zone had previously been deferred due to challenges related to accessing the zone. The recent completion, by the Company, of a newly constructed road greatly improves access and streamlines the costs for drilling this important target (Figure 1 below).Figure 2: Portion of newly constructed 5.2 km access road into Cerro Blanco San Lorenzo intends to drill a minimum of two holes on pads already constructed. The first two locations will test induced polarization (“”) anomalies. Importantly, the IP targets are situated below a large area of anomalous copper and gold surface samples with many values over 1% copper and over

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