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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 SkywalkerofLukeon Jul 30, 2021 3:21pm
145 Views
Post# 33633150

$POR Breakdown

$POR Breakdown

The global electric vehicle market was estimated to be worth $140 billion in 2019 and is expected to be worth roughly $700 billion by 2026. One of the key materials needed to make this happen is lithium, a key ingredient in the making of the batteries. 


Due to this, I’ve been searching for Lithium companies I think are positioned to take advantage of this potential exponential growth and came across $POR or Portofino Resources. They currently have the right to acquire 100% interest in the Yargo Project, located in the “Lithium Triangle” of Argentina. 


In 2021, $POR completed a geophysical survey and geochemical sampling program that identified two large, anomalous sub-basins within the project of 2.3km x 1km (western sub-basin) and 1.8km x 2.5km (eastern sub-basin). $POR ‘s intention is to subject Yergo lithium samples to certain breakthrough, green-tech, “Lithium-Ion Exchange” technologies. The ultimate objective will be to identify an ecologically friendly, cost efficient technology for extracting lithium from identified lithium brines.


Lots of potential for exponential growth, IMO not one to sleep on. 


https://www.portofinoresources.com/

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