TSXV:POR - Post Discussion
Post by
partystocker on Aug 26, 2022 3:45pm
POR.v completes prerequisites for drilling permit.
Portofino Resources (TSXV: POR) has officially received authorization for exploration and drilling at the Yergo Lithium Project from the Catamarca provincial government’s environmental ministry. This authorization was the final requirement needed for the ministry to grant a drilling permit for the project.
POR’s drilling permit application proposes to implement an inaugural 4-hole drill program. Previously completed geophysical survey and surface geochemical sampling programs identified two large, lithium-bearing sub-basins within the Yergo Project. The survey and sampling results confirm the presence of lithium-rich brines and the potential volume of the brines within the project.
I’m really excited for POR to get things going here, as I believe this project holds massive potential for a company of its size.
POR.v is currently trading at $.08 after jumping up 33% this week. The company is presently valued at $8.77 million.
https://ceo.ca/@newsfile/portofino-reports-issuance-of-environmental-resolution
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