Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

San Lorenzo Reports Final Assay Results from Hole SAL 10-25 with Drilling Ending in Porphyry Style Mineralization at the Arco de Oro Target

By The Northwire Desk — AI Analysis Jun 04, 2026 · 08:00 SLG · 5.36 San Lorenzo Gold Corp.
Executive Summary
  • San Lorenzo Gold Corp. released the final assay results for drill hole SAL 10-25 at the Arco de Oro target, confirming continuous gold mineralization down to 574 meters.
  • The hole intersected significant intervals including 52.6 m at 1.67 g/t Au, 48.0 m at 0.91 g/t Au, and 65.0 m at 0.81 g/t Au, with mineralization remaining open at depth.
  • Geological analysis indicates a large, deep porphyry-style copper-gold system with potassic alteration strengthening with depth and multi-directional pyrite-chalcopyrite rich veins.
  • The company plans immediate follow-up drilling to delineate the intrusive complex and test IP line D8 anomalies, which could extend the system's strike length beyond 6 km.
  • Permitting for Phase 7 drilling at the Salvadora property has been submitted, with pad construction and rig mobilization expected imminently.
  • Six additional holes from the current program await assay results, though turnaround times remain slow due to high Andes drilling demand.
Material Impact
  • The release confirms the company's hypothesis of a large-scale gold-rich porphyry copper-gold system at Arco de Oro, validating the strategic direction of the exploration program.
  • While the results are positive and align with the partial results released on May 8, 2026, they are incremental follow-up data rather than a completely new discovery.
  • The confirmation of a potential 6 km strike length significantly de-risks the Arco de Oro target and enhances the long-term resource potential of the Salvadora property.
  • The news is classified as Routine - Positive because it represents the expected completion of a previously announced drill hole and follows directly on the heels of the May 8 announcement that already priced in the porphyry system potential.
  • The imminent start of Phase 7 drilling provides a clear near-term catalyst, but the market has already reacted to the broader exploration success, as evidenced by the stock's run from $0.20 to nearly $6.00 over the past year.
SLG · Price
Company Overview
  • San Lorenzo Gold Corp. is an exploration-stage company focused on the Salvadora property in Chile's mega-porphyry belt (Region III).
  • The flagship project covers over 11,900 hectares and includes the Cerro Blanco porphyry target and the Arco de Oro epithermal/porphyry target.
  • The company recently expanded its land position by acquiring 900 hectares and securing an option on 2,000 hectares of the Rubi Project from Mirasol Resources.
  • Management is transitioning from exploration drilling to resource definition, with plans to deploy multiple rigs and expand geophysical surveys.
Read the original news release →

More from San Lorenzo Gold Corp.

Oct 29, 2026 · 12:24

San Lorenzo broadens its investor base for an $80 million financing round for its Chile gold project.

Financings Oct 16, 2026 · 06:44

San Lorenzo raised $40 million at $5.30 per share warrant-free to fund its Salvadora project.

Financings Sep 17, 2026 · 07:01

San Lorenzo identified a new 2km gold corridor expanding the San Juan target footprint at its Salvadora project.

Drill Results Aug 04, 2026 · 09:01

San Lorenzo appointed Brandon Gaspar as CEO while expanding the Arco de Oro target with a 1.2 km IP chargeability anomaly.

Drill Results Jun 29, 2026 · 08:10

San Lorenzo’s shallow high grade epithermal hits extend the Arco de Oro strike while porphyry bulk targets remain the primary exploration focus.

Drill Results May 08, 2026 · 08:30

San Lorenzo’s 3.9 km step‑out hits porphyry‑scale gold at Arco de Oro; Hole 10’s 102.3 m of 1.33 g/t Au signals a system far larger than previously imagined.

Drill Results