SAN LORENZO’S MAG SURVEY PROGRESSING ON IT’S 100% OWNED LARGE SCALE COPPER- GOLD PORPHYRY SALVADORA PROJECT, CHILE

SAN LORENZO’S MAG SURVEY PROGRESSING ON IT’S 100% OWNED LARGE SCALE COPPER- GOLD PORPHYRY SALVADORA PROJECT, CHILE

Calgary, Alberta, May 19, 2021:

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San Lorenzo Gold Corp. ("San Lorenzo" or the "Company") (TSXV - SLG) announces that its previously announced magnetometer (“MAG”) survey on its 100% owned Salvadora Copper – Gold Project (“Salvadora”) located in Chile is progressing and is expected to be completed in the next week. Upon completion of the MAG survey it is expected to take approximately fourteen days to process the data. This is the first MAG survey done at Salvadora and is planned for approximately 260 line kilometres. The 100% owned Salvadora Project is 8,796 hectares and is geologically situated in one of the productive copper belts in Chile and is approximately 15 km from the world class El Salvador open pit copper-gold mine (see Figure 1).

Following the MAG survey San Lorenzo will be conducting an Induced Polarization geophysical survey to following up on positive results from previous limited sized IP surveys. The MAG survey will be used to outline structures and phases of intrusive activity.

For the full Press Relases, click the link below:

https://www.sanlorenzogold.com/wp-content/uploads/2021/05/MAG-Survey-Progressing-at-Salvadora-Copper-Gold-Project-and-Option-Grant.pdf

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