Northwire Canada EditionFriday, July 10, 2026
Northwire
AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.67 +3.7% SGZ 0.040 −11.1% GRSL 0.310 −3.1%
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

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 →

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