Bullboard - Stock Discussion Forum San Lorenzo Gold Corp V.SLG

Alternate Symbol(s): SNLGF

San Lorenzo Gold Corp. is a Canada-based company engaged in the business of exploring for and advancing mineral properties. The Company is focused on exploring for gold, copper, silver, and cobalt. The Company has three 100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. The Salvadora property is being explored for large scale copper-gold porphyry targets and high-grade... see more

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San Lorenzo Gold Corp > SLG 3 PROJECTS CHILE ~NANCAGUA~1,200 HECTARES 100% OWNERSHIP

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Post by moneywagon on Sep 14, 2023 10:14am

SLG 3 PROJECTS CHILE ~NANCAGUA~1,200 HECTARES 100% OWNERSHIP

NANCAGUA

TARGET: High Grade Gold & Silver in Mesothermal Veins

LOCATION: 120 km South of Santiago, Chile

SIZE: 1,200 Hectares

OWNERSHIP: 100%, No NSR's

HIGHLIGHTS:

• High grade gold mesothermal target

• Six linear kilometers of gold-silver bearing veins in four major systems

• Historic small miner workings confirm historic high grade gold production

Nancagua Property has six linear kilometres of veins. Currently, San Lorenzo has outline four target zones with grades of 3 – 50 g/t goldand 10 – 55 g/t silver over 1.5 – 3.0 metre widths. The strike length of the zones in surface outcrop is 150 to 250 metres.

The Company has conducted its own surface sampling and with historic small miner workings four major vein systems have been defined. Further exploration is warranted to both better define targets on the existing veins but to also discover additional veins.

Only one zone of the Nancagua Property has been drilled and returned encouraging results. Historic high-grade drill intercepts of two metres grading 45 g/t gold and 331.8 g/t silver and three metres grading 15.4 g/t gold and 188.7 g/t silver.