Portifino Resources is an exploration stage company with an interest in both lithium and gold projects. Though, what really makes me interested is their ownership in the 2 lithium projects as a part of their “green energy portfolio.”
- Allison Lake North: Located in Ontario, the project consists of 4 claims (80 cells) covering around 1600 hectares of land. Since it’s only 100km away from the town of Red Lake there’s already established infrastructure nearby making it easily accessible and lowers the cost of infrastructure construction by $POR. In a recent sampling, 57 channel samples and 17 select grab samples have now been submitted to the lab for chemical and mineral analysis.
- Yergo Property: Located in Argentina, $POR holds the right to acquire 100% of the 2,932-hectare Yergo lithium brine project. It encompasses the entire Aparejos Salar and is located in the southern part of the renowned "Lithium Triangle" within 15km of Neo Lithium Corp's advanced 3Q project.
With not one, but two promising lithium projects IMO this is one to keep on the watchlist. Lithium demand is set to explode over the next decade due to the rise of EVs, renewable energy storage, and portable technology. The future of lithium is bright as the element’s demand continues to rise.
https://www.mining.com/lithium-outlook-bright-as-ever-fitch-report/
With a valuation of only $7M $POR has a lot of room left for growth. It's one of my personal picks for the lithium sector. Looking forward to the future here!