San Lorenzo updates drilling at from Cerro Blanco Target, Salvadora Project, Chile

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San Lorenzo Gold Corp. [TSXV: SLG; OTC: SNLGF] provided an update on drilling operations at its Cerro Blanco porphyry target situated on the company’s flagship Salvadora property, Chile.

The first HQ diamond drill hole in the current drill campaign was completed to a depth of 485 metres on October 29, 2025. The hole tested the strong chargeability feature identified during San Lorenzo’s May 2025 induced polarization (IP) geophysical survey program as reported previously.

Initial observations of the first hole (SAL 04-25) are that drilling intersected mineralization which correlated well with the IP chargeability anomaly. The nature and intensity of the mineralization is comparable to what was observed in San Lorenzo’s first Cerro Blanco drill hole (SAL-01-24) that intersected 153.5 metres grading 1.04 g/t gold, 1.0 g/t silver, and 0.05% copper, including 3.8 metres grading 12.78 g/t gold, 6.5 g/t silver, and 0.51% copper as reported in a news release dated March 3, 2025.

Commenting on the correlation between mineralization and IP chargeability/resistivity anomalies, Terence Walker, San Lorenzo’s VP of Exploration stated: “We are pleased that IP geophysics continues to be a useful exploration tool for drill target delineation at Cerro Blanco, and indeed, over the Salvadora property generally. We look forward to continued testing of additional high chargeability IP geophysical anomalies that have already been identified on numerous targets areas within the Salvadora property.”.

Setup of the drill to the second Cerro Blanco location has been completed.  Assay results from the first hole and additional information related to the current drill program will be reported as available.

San Lorenzo is focused on advancing its flagship Salvadora property located in Chile’s mega-porphyry belt.  Results obtained from prior drilling programs conducted on four different targets have convinced management that several significant gold and copper enriched epithermal and porphyry style systems are contained within the Salvadora property.


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