San Lorenzo Cuts Mineralization in Next Holes of Ongoing Drilling Program
San Lorenzo extends strike at Salvadora as drilling confirms broad gold-copper systems across multiple targets.
The most recent news (March 2, 2026) provides partial assay results from the ongoing drilling program at the Salvadora property in Chile. At the Arco de Oro target, hole SAL 09-25 intersected multiple mineralized zones, most notably 58.5m at 1.07g/t Au and 60.3m at 1.01g/t Au. This hole represents a significant 3.9 km northwest extension from previous drilling. At the Cerro Blanco target, holes SAL 05, 06, and 07-25 confirmed the breadth of the system with intercepts such as 36.0m at 1.53g/t Au. Management indicates the system remains strong and open.
The impact is Routine - Positive. While the results are strong and confirm the continuity of mineralization over a massive 3.9 km extension at Arco de Oro, they are incremental to the "discovery" narrative established in early 2025. The market was already aware of the system's potential following the March 2025 discovery hole (153.5m at 1.04g/t Au). The current results validate the geological model and justify the recent $20M in total proposed private placements ($15M + $5M) announced in February 2026. However, the grades remain largely around the 1 g/t Au mark, which, while respectable for a bulk-tonnage porphyry/epithermal system, requires further scale to be a "game changer."
San Lorenzo Gold is focused on the Salvadora Project in Chile, located 15 km from the massive El Salvador copper-gold mine. The project hosts two primary styles of mineralization: the Arco de Oro (high-grade epithermal veins) and Cerro Blanco (gold-copper porphyry). The company has successfully used IP geophysics to predict mineralization, with a high correlation between chargeability anomalies and gold intercepts.