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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 partystockeron Dec 09, 2021 1:18pm
125 Views
Post# 34215208

$POR looking like a solid play

$POR looking like a solid play

Portofino Resources $POR/$POR.V is looking like a solid junior mining play with some big potential in their current properties. 


$POR’s Red Lake Gold Property is located right next to Great Bear Resources ($GBR, MCAP $1.65B) property in the same region. Due to inaccessibility, the Red Lake region has been relatively untested until late. Volcanic outcroppings on the site bear resemblance to $GBR’s flagship Dixie Project. 


I’m awaiting some news from $POR regarding their Red Lake Property as shares look to be waiting for a catalyst to take prices on a positive swing. Hopefully, we can get some news on the exploration and/or testing of the Red Lake Project soon. 


Shares of $POR.V are currently trading at $.105 and the company is valued at $10.41 million. 


https://www.portofinoresources.com/projects/red-lake-ontario/south-of-otter-lake/
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