San Lorenzo Gold Corp. provided assay results from the three (3) holes targeting the `Arco de Oro' zone of its Salvadora Copper-Gold-Silver property in Chile. Results from the holes drilled into the Cabello Muerto porphyry target are expected to be released in approximately 1 week.

All three of the new holes targeting the Arco de Oro ("ADO") zone cut copper-gold-silver mineralization, including locally free gold, across the Feliz Retiro and Arco Primero epithermal vein systems. As a result, gold-silver-copper mineralization has been confirmed over a strike length of 1 kilometer and vertical depth of over 300m in the Feliz Retiro system. Both systems are open to the NW and SE and at depth and can be identified by shallow artisanal mining over a strike length of over 3 kilometers. The Feliz Retiro and Arco Primero epithermal vein systems are located within the 500-700m wide, 3 km long open-ended ADO zone.

Their mineralogy and the wall rock alteration in the deeper holes 04-22 and 07-22 suggests that they may be related to an underlying copper-gold porphyry system indicated by a large underlying IP/Resistivity anomaly. The 2022 drilling program also included drilling in the Caballo Muerto Zone ("CMZ"). The CMZ is one of four porphyry Cu-Au-Mo style alteration zones identified by geological mapping, soil and rock geochemical surveys and the 4 Induced Polarization ("IP") surveys San Lorenzo has conducted to date ­ those results are pending and will be released shortly.