San Lorenzo Gold Corp. provided assay results from the Cabello Muerto Zone that include the results of a copper-gold porphyry discovery hole on its Salvadora property in Chile, as follows: The 2022 Phase 3 program was designed to offset Hole 6 of the 2018 program that provided indications of the existence of a copper-gold porphyry system. The objective was to explore for a higher-grade core to the system.

San Lorenzo is extremely pleased to announce that Hole 3 of the 2022 program, a direct north-west offset to Hole 6 of the 2018 program, did encounter the significantly higher grades and widths in porphyry style alteration and mineralization that were hoped for.