SAN LORENZO ANNOUNCES EXECUTIVE CHANGES

CALGARY, ALBERTA, June 30, 2022 - San Lorenzo Gold Corp. ("San Lorenzo" or the "Corporation") (TSXV - SLG, OTCQB - SNLGF) announces that Mr. Gordon Aldcorn has been appointed to the position of VP, Business Development and advises that Mr. Ken Booth has tendered his resignation as President and CEO.

Mr. Booth did not stand for re-election at the Corporation's Annual and Special Meeting held on June 28, 2022. The directors of the Corporation express their sincere gratitude to Mr. Booth for his contributions and wish him success in his other ventures.

For further information on the Corporation, readers are referred to the Corporation's website at www.sanlorenzogold.com and its Canadian regulatory filings on SEDAR at www.sedar.com.

About San Lorenzo Gold Corp.

San Lorenzo Gold is in the business of exploring for and advancing mineral properties. The Corporation currently has three 100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. A 4091-meter drilling program has been recently completed on the Salvadora property which is being explored for large scale copper-gold porphyry targets and high-grade epithermal gold- silver-copper vein systems, Nancagua is a high grade mesothermal gold-silver prospect and Punta Alta is a copper - gold porphyry prospect with related disseminated and vein style copper- gold-silver-cobalt mineralization.

For further information, please contact:

Al Kroontje

Email: al@slgold.ca

Or:

Gordon Aldcorn

Email: galdcorn@slgold.ca

Or:

Terry Walker, VP Exploration

Email: twalker@goldenrock.cl

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this news release.

Not for distribution to United States newswire services or for release, publication, distribution or

dissemination directly, or indirectly, in whole or in part, in or into the United States

Cautionary Note Regarding Forward-Looking Information

This press release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of San Lorenzo. All statements included herein other than statements of historical fact, including statements pertaining to the drilling program, are forward-looking information. Such forward-looking information involves various risks and uncertainties. There can be no assurance that such

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information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Any forward-looking statements are made as of the date of this release and, other than as required by applicable securities laws, San Lorenzo does not assume any obligation to update or revise them to reflect new events or circumstances.

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San Lorenzo Gold Corp. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2022 18:53:05 UTC.