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Portofino Resources Inc V.POR

Alternate Symbol(s):  PFFOF

Portofino Resources Inc. is focused on exploring and developing mineral resource projects in the Americas. The Company’s projects include the drill-ready, Yergo Lithium Project in Catamarca, and the drill-ready, Arizaro (Area IV) Lithium Project in Salta Province. Its Yergo Lithium Project encompasses the entire Aparejos Salar, in Catamarca Province, Argentina. The Company owns a 100% interest in the mining and concession rights for the 2,932 hectares (ha) drill-ready Yergo Lithium Project. It has 8,445 ha drill-ready Arizaro Lithium Project in Salta Province, Argentina. The Allison Lake North Property comprises seven mining claims totaling 2,288 ha and is located 100 kilometers (km) east of the town of Red Lake in northwestern Ontario. It also has other properties, such as South of Otter, Gold Creek, Melema West, Sapawe West, and Greenheart Lake & McNamara Lake. The 5,363 ha South of Otter property is situated within the Birch-Uchi-Confederation Lakes greenstone belt.


TSXV:POR - Post by User

Post by GoLdPGESkinsPuNon Jul 31, 2020 10:12am
295 Views
Post# 31349226

gold in till- drilled--granite-non-disclosure so u buy stock

gold in till- drilled--granite-non-disclosure so u buy stockIn the summer of 2010 an extensive ground geochemical sampling program was undertaken consisting of a combination of rock, MMITM (mobile metal ion) and lake sediment sampling.  The 2010 field program identified several areas of anomalous gold concentration, the most prospective of which was a large lake sediment gold and pathfinder element anomaly in Pakwash Lake.  This anomaly is approximately 4 km long by 2 km wide and is coincident with a linear magnetic anomaly that is interpreted, based on mapping to represent the surface trace of a major fault system.  The anomaly was therefore a priority target for exploration drilling in the winter of 2011.  Nine NQ diamond drill holes were drilled to test the anomaly.   Drilling confirmed the source of the magnetic anomaly to be a magnetitebearing granite similar to granitic intrusions mapped within the vicinity of the Sydney Lake Fault Zone elsewhere on the property.   The granite is interpreted to have intruded along the fault surface explaining the unique linear morphology of the magnetic anomaly.  Drilling also intersected a thick sequence of glacial overburden on the bottom of Pakwash Lake which averaged 80 m over the nine drill holes. 
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