en.Wedoany.com Reported - San Lorenzo Gold Corp. (SLG:TSXV; SNLGF:OTCMKTS) recently announced the remaining assay results from the SAL 10-25 drill hole in the San Juan Northwest Extension area of the Arco de Oro project in Chile. The hole, totaling 574 meters, follows previously reported porphyry-style mineralization intercepts in holes 9 and 10, released on May 8, 2026. The latest data shows 102.3 meters grading 1.33 g/t gold, with deeper intercepts including 52.6 meters grading 1.67 g/t gold, 48.0 meters grading 0.91 g/t gold, and a final section of 65.0 meters grading 0.81 g/t gold. Silver and copper were also detected in the samples.

Both the SAL 10-25 and SAL 09-25 drill holes are step-out holes from the company's drilling in the core area of Arco de Oro, designed to test anomalies on IP line D8 identified during the 2025 drilling program.

Terence Walker, Vice President of Exploration, stated that mineralization starting from approximately 84 meters continues to the bottom of the hole at 574 meters. The porphyry-style mineralization and grades observed at the bottom of the hole increase confidence in a significant system in the area. This system appears to be much larger than the shallower upper portions of the epithermal system indicated by earlier work at Arco, with the drill hole penetrating the gold-rich upper section of a mineralized porphyry copper-gold system. Immediate follow-up drilling is required to delineate the intrusive complex. Walker also noted that visual indicators from the SAL 10-25 core show potassic alteration intensifying and becoming dominant at the bottom of the hole, containing abundant multi-directional pyrite-chalcopyrite-rich veins, indicating multiple mineralizing events in a gold-rich porphyry copper-gold environment.

CEO Al Kroontje added that IP line D8 also contains other chargeability anomalies requiring drilling, and the system has significant width potential in addition to a possible strike length exceeding 6 kilometers. The company plans to use additional funds to expand exploration efforts, testing multiple anomalies identified in IP programs between 2012 and 2018.

San Lorenzo Gold Corp. is a gold and copper exploration company focused on its flagship Salvadora asset within Chile's giant porphyry belts.

Analyst Patrick Streater reiterated a "Speculative Buy" rating for San Lorenzo Gold Corp. on June 4, 2026, and raised the target price to C$13.40. He noted that the San Juan area is showing significant scale, and establishing continuity along strike with positive drill results will be key for the company. Streater increased the San Juan exploration target from 2 million ounces to 3.5 million ounces, suggesting that if drilling demonstrates 300 to 400 meters of strike continuity at San Juan, the Salvadora project could offer approximately 10 million ounces of resource.

The company has submitted permit materials for the seventh phase drilling program at the Salvadora project, with pad construction and rig mobilization expected to begin soon. Future catalysts include further drilling and IP testing at the Cerro Blanco and Arco de Oro projects, continued drilling at Caballo Muerto to delineate a high-grade intercept of 3.6 meters grading 35 g/t gold, and drilling at Tres Amigos to confirm strike and test potential IP anomalies.

San Lorenzo Gold Corp. has a market capitalization of C$461.71 million, with 103.76 million shares outstanding, a 52-week price range of C$0.20 to C$5.97. Institutions hold 0.14% of shares, management and insiders hold 16.99%, and the remaining 82.87% is held by retail investors.

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