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San Lorenzo Gold Corp ( (TSE:SLG) ) has issued an update.
San Lorenzo Gold Corp announced significant assay results from its Cerro Blanco project, with substantial gold intercepts in the second and third drilled holes, indicating a large and well-mineralized system. The results suggest that the mineralized system remains open at depth and in multiple directions, prompting plans for further exploration and drilling, funded by recent warrant exercises that raised over $1.5 million.
More about San Lorenzo Gold Corp
San Lorenzo Gold Corp is a company operating in the mining industry, focusing on the exploration and development of gold and copper resources. Its primary market focus is on the Cerro Blanco gold/copper porphyry target located within the Salvadora property in Chile.
YTD Price Performance: 300%
Average Trading Volume: 407,563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$20.66M
For an in-depth examination of SLG stock, go to TipRanks’ Stock Analysis page.