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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 GarryJan1on Aug 05, 2021 12:16pm
201 Views
Post# 33655100

Lithium drilling shortly.

Lithium drilling shortly. https://stockhouse.com/news/press-releases/2021/08/05/portofino-completes-site-visit-prepares-for-drilling-yergo-lithium-project

@EpsteinResearch Near-term drill program at $POR's Argentina brine #lithium project is great news. This 2,900+ ha project is a potential company maker. Unlike some other crowded salars in Argentina, $POR has the salar that Yergo is on entirely to itself. With dozens of Direct Lithium Extraction ("DLE") technologies looking to make a mark, Yergo would be an ideal project to showcase a DLE approach. $POR market cap = C$7M. This project alone could be worth in the tens of millions of C$ if mgmt. can show good potential for 1M+ tonnes LCE.
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