San Lorenzo Gold is pleased to announce that it has completed the previously announced non-brokered private placement of units of the Company at a price of $0.12 per Unit. The Company closed on the maximum Offering of $1,000,000 and issued 8,333,333 Units. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant, with each Warrant entitling the holder to purchase an additional Common [...]
San Lorenzo Gold is pleased to provide an update to the non-brokered private placement of up to 8,333,333 units of the Company at a price of $0.12 per Unit, for aggregate gross proceeds of up to $1,000,000 announced on August 25, 2023. The Company is pleased to report that while interest in the Offering has exceeded the announced maximum, the Company expects to close the Offering later today at that announced maximum of [...]
San Lorenzo Gold is pleased to announce that it has successfully converted certain advances previously made by a director of the Company into a long-term debenture that defers repayment for 2 years. During 2023, the director made advances to fund drilling programs at Salvadora during challenging periods in the capital markets. On August 29, 2023, the Company issued a $500,000 principal amount non-convertible debenture to [...]
San Lorenzo Gold is pleased to announce plans to complete a non-brokered private placement of up to 8,333,333 units of the Company at a price of $0.12 per Unit, for aggregate gross proceeds of up to $1,000,000. There is no minimum Offering. Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant. Each whole Warrant entitles the holder thereof to purchase one Common Share for [...]
San Lorenzo Gold is pleased to announce completion of the additional drilling on the Caballo Muerto Zone of its flagship Salvadora property in Chile. The drilling program was designed to expand upon the discovery hole that was drilled during San Lorenzo's 2022 drilling program. That hole, SAL 03-22, encountered significant porphyry style mineralization returning grades of 1.44 g/t gold over 112 meters. This program [...]
San Lorenzo Gold Corp. is pleased to announce the commencement of the Phase 4 drilling program on the Caballo Muerto Zone on its Salvadora property in Chile. The Phase 4 program is designed to expand on the discovery hole that was drilled during the 2022 drilling program. That hole, SAL 03-22, encountered significant porphyry style mineralization returning grades of 1.4 g/t gold over 112 meters. The Phase 4 program is [...]
San Lorenzo Gold Corp. is pleased to provide the following corporate update pertaining to its flagship Salvadora property. The Porphyry Target Zone On Oct 5 and 17, 2022 San Lorenzo released assay results from the third drilling campaign conducted on its Salvadora property - located within the Andean mega porphyry belt of Chile. The third drilling program involved the drilling of 10 holes - 7 holes into the Caballo Meurto [...]
San Lorenzo Gold Corp. is pleased provide assay results from the Cabello Muerto Zone that include the results of a copper-gold porphyry discovery hole on its flagship Salvadora property in Chile, as follows: Hole # Sector Intercept From To Width Cu % Au g/t Ag g/t Cu% Eqv Au g/t Eqv SAL-03-22 CMZ A 171.0 197.0 26.0 0.15 0.13 0.4 0.24 0.34 B 233.0 515.3 282.3 0.10 0.66 0.6 0.57 0.81 including 308.0 420.0 112.0 0.14 1.44 [...]
San Lorenzo Gold Corp. is pleased to provide assay results from the three holes targeting the 'Arco de Oro' zone of its Salvadora Copper-Gold-Silver property in Chile. Results from the holes drilled into the Cabello Muerto porphyry target are expected to be released in approximately 1 week. All three of the new holes targeting the Arco de Oro zone cut copper-gold-silver mineralization, including locally free gold, across [...]
San Lorenzo Gold Corp. is pleased to provide a further update regarding the recently completed diamond drilling program on its flagship Salvadora property in Chile. The 10-hole program involved 4,091 meters of diamond drilling. All 10 of the new holes cut copper-gold-silver +/- molybdenum mineralization. The 100% owned Salvadora property encompasses 8,796 ha. A significant expansion to the previous Induced Polarity [...]
San Lorenzo Gold Corp. announces that Mr. Gordon Aldcorn has been appointed to the position of VP, Business Development and advises that Mr. Ken Booth has tendered his resignation as President and CEO. Mr. Booth did not stand for re-election at the Corporation's Annual and Special Meeting held on June 28, 2022. The directors of the Corporation express their sincere gratitude to Mr. Booth for his contributions and wish him [...]
San Lorenzo Gold Corp. is pleased to announce the completion of a diamond drilling program on its flagship Salvadora property in Chile. The 10 hole program involved the drilling of 4,091 meters of diamond drilling. Drill core from the program continues to be prepared and shipped to ALS Laboratories in Lima Peru for assaying. Assay results are expected in approximately 4 weeks at which time San Lorenzo will provide that [...]
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