Mr. Ken Booth reports

SAN LORENZO GOLD ANNOUNCES STOCK OPTION GRANT

San Lorenzo Gold Corp. granted stock options to officers, directors and advisers of the company exercisable to acquire up to a total of 3.15 million common shares under the company's stock option plan. The options are exercisable for a period of 10 years at a price of 16 cents per share, the closing price on Jan. 21, 2021, and will vest as to one-third each on the date of grant and the first and second anniversaries of the grant. The options are subject to the policies of the TSX Venture Exchange.

About San Lorenzo Gold Corp.

San Lorenzo Gold is in the business of exploring for and advancing mineral properties. The company currently has two 100-per-cent-owned properties in Chile: Salvadora and Nancagua. The Salvadora property is being explored for large-scale copper-gold porphyry and Nancagua is a high-grade epithermal gold property.

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