Mr. Terence Walker reports

SAN LORENZO CUTS 5 SECTIONS OF MINERALIZATION TOTALLING 222.4 METERS IN FIRST HOLE OF CURRENT DRILLING PROGRAM

San Lorenzo Gold Corp. has provided assay results from the first hole of its current drilling program at Salvadora, San Lorenzo's flagship property in Chile.

The results from hole SAL 04-25, the first hole drilled in the current campaign and the fourth hole drilled at the Cerro Blanco porphyry target, are summarized in the table below.

The mineralization is assumed to represent the upper levels of a mineralized porphyry system, and the results suggest continuation -- to the northeast -- of the system encountered in the first two holes drilled last year on the east side of the Cerro Blanco litho-cap feature.

SAL 04-25 is located approximately 350 metres northeast of SAL 01-25 and was drilled on a chargeability/resistivity anomaly identified during last year's geophysical program that provided expanded induced polarization coverage on the Cerro Blanco and Arco de Oro targets located on the Salvadora property.

San Lorenzo is hopeful that the system extends farther to the northeast to where significant alteration can be seen from the valley floor, 1.7 kilometres to the northeast. Further IP followed by drilling is warranted and will be undertaken by San Lorenzo.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Terence Walker, MSc, PGeo, who is a qualified person within the meaning of National Instrument 43-101.

Drill hole data

Drill hole data, including individual assay results, will be available on San Lorenzo's website.

About San Lorenzo Gold Corp.

San Lorenzo is focused on advancing its flagship Salvadora property located in Chile's megaporphyry belt with the phase 6 drilling program currently under way on two of five targets identified at Salvadora. Results obtained from prior phases of drilling -- conducted on four different targets so far -- have convinced management that several significant gold- and copper-enriched epithermal and/or porphyry-style systems are contained within the Salvadora property.

We seek Safe Harbor.