Canada’s San Lorenzo Gold Corp. has un-veiled that a key phase of exploration has begun on its 100%-owned Sal-vadora copper-gold Project in Chile.
The company said in a statement is conducting an induced polarization (IP) survey consisting of about 86 line kilometres, and will follow up on positive results from its previous limited IP surveys.
The “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,” according to San Lorenzo Gold Corp. “The IP survey will initially cover the central por-tion (CMZ Zone) of the Property which hosts favourable porphyry style mineralization and phyllic to potassic alteration containing disseminated and vein hosted copper mineralization identified by surface sampling and limited diamond drilling.”
The Canadian miner says it currently has three fully-owned properties in Chile: Salvadora, Nancagua, and Punta Alta.