Positive outlook for POR.v's Canadian lithium assets. While everyone is focused on Portofino Resources’ (TSXV: POR) progress at the Yergo Lithium Project in Argentina, they seem to ignore the company’s other lithium assets.
Portofino holds 3 lithium projects in Ontario that could see a big boost through Canada’s recent agreement with German automakers. Next to MUSK METALS’ project, the exploration program at the Allison Lake North Project returned grab & channel samples of up to 412 ppm lithium.
Although the company is still a bit of a way out from receiving the final drilling permits for Yergo, there is still a lot of other potential in its portfolio. As shares continue on a rebound from yearly lows, I’ll be keeping an eye out for an update on these projects as well as Yergo.
POR.v is currently trading at $.075, valued at $8.22 million.
https://twitter.com/portofino_POR/status/1564622719458631687