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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 waves1on Jan 11, 2022 5:23pm
129 Views
Post# 34305734

Yergo Property Overview

Yergo Property Overview

Portofino Resources ($POR.V $PFFOF) has a great overview of the Yergo Property to check out while we await the approval of a drilling permit for the implementation of an inaugural 4-hole drill program. The permit is expected to be approved in short order and there is a drilling contractor on standby that is prepared to mobilize immediately after the approval.

 

The Yergo Project consists of 2,932 hectares and 2021 surveys confirmed the presence of lithium-rich brines and the potential volume of the brines within the sub-basins.

 

The initial drill program will focus on the eastern sub-basin which has an irregular surface expression measuring between 1.8km to 2.5km in length. $POR had previously reported values of up to 373 mg/l lithium including low impurities

 

https://portofinoresources.com/site/assets/files/1616/portofino_yergo_ppt_v2_sep_23-_2021.pdf



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