Annuncio • May 20
Latam Lithium Corp. announced that it expects to receive CAD 0.8 million in funding Latam Lithium Corp. announces a non brokered private placement to issue 16,000,000 Units at a price of CAD 0.05 per Unit for gross proceeds of CAD 800,000 on May 19, 2026. Each Unit consists of one common share and one common share purchase warrant. Each full warrant will be exercisable at CAD 0.065 for one common share of the Company for a period of 2 years from closing. Closing will be subject to TSX Venture Exchange approval, and any shares issued will be subject to a hold period equal to four-months and a day. Annuncio • Apr 08
Portofino Resources Inc., Annual General Meeting, Jun 18, 2025 Portofino Resources Inc., Annual General Meeting, Jun 18, 2025. New Risk • Jan 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Negative equity (-CA$608k). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.2m market cap, or US$8.37m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). New Risk • Oct 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CA$403k). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.98m). New Risk • Sep 30
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$403k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-CA$403k). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$16.3m market cap, or US$12.0m). Annuncio • Sep 28
Portofino Resources Inc. (TSXV:POR) completed the acquisition of Yergo Lithium Project, Catamarca Argentina from Zijin Mining Group Company Limited (SEHK:2899). Portofino Resources Inc. (TSXV:POR) executed a Binding Letter of Intent to acquire Yergo Lithium Project, Catamarca Argentina from Zijin Mining Group Company Limited (SEHK:2899) for $0.6 million on August 14, 2023. The Binding LOI ensures all rights and concession ownership for the 2,932 hectare Yergo Lithium Project (the 'Project') are transferred directly to Portofino. Previously, Portofino had the right to acquire up to 100% interest in the Yergo property, as per the original Option Yergo Binding Letter Agreement signed on February 15, 2019, and the Binding Letter Agreement Addendum on May 12, 2021. The Binding LOI terms include concurrent: (i) Removal of the legal injunction granted in the favour of Portofino; (ii) Transfer of all rights and title to the Yergo concessions to Portofino; and (iii) Payment of $0.6 million by Portofino to the concession owner. Portofino Resources Inc. (TSXV:POR) completed the acquisition of Yergo Lithium Project, Catamarca Argentina from Zijin Mining Group Company Limited (SEHK:2899) on September 26, 2023. New Risk • Sep 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$17.1m market cap, or US$12.7m). Annuncio • Sep 22
Portofino Resources Inc. announced that it has received CAD 0.965 million in funding On September 21, 2023, Portofino Resources Inc., closed the transaction. The company issued 9,650,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 965,000. Each warrant has a term of 36 months commencing on the closing date and entitles the holder to purchase one common share at a price of CAD 0.15. The units are subject to a 4 month hold period expiring in January 2024. Annuncio • Aug 17
Portofino Resources Inc. announced that it expects to receive CAD 0.5 million in funding Portofino Resources Inc. announced a non-brokered private placement of up to 5,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 500,000 on August 15, 2023. Each unit consists of one common share and one common share purchase warrant. Each warrant has a term of 36 months commencing on the closing date and entitles the holder to purchase one common share at a price of
CAD 0.15. All securities issued will be subject to a four month hold period. The transaction is subject to the approval of the TSXV Exchange. Annuncio • Aug 03
Portofino Resources Inc. announced that it has received CAD 0.538 million in funding On August 2, 2023, Portofino Resources Inc. closed the transaction. The company paid finder fees of CAD 13,160 and 329,000 finders' warrants which are exercisable on the same terms as the subscribing investors. Shares are subject to a 4 month hold period expiring in December 2023. New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.92m market cap, or US$4.47m). Minor Risk Shareholders have been diluted in the past year (35% increase in shares outstanding). Annuncio • Jul 25
Portofino Resources Inc. announced that it expects to receive CAD 0.508 million in funding Portofino Resources Inc. announced a non-brokered private placement of up to 12,700,000 units at a price of CAD 0.04 per unit for gross proceeds of up to CAD 508,000 on February 17, 2023. The transaction will include participation from management of the company for minimum CAD 30,000. Each unit consists of one common share and one common share warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.06 per share at any time within 3 years after closing. All securities to be issued in the transaction will be subject to a 4 month hold period. The transaction is subject to receipt of all TSX Venture Exchange approvals. Annuncio • Jun 16
Portofino Resources Inc. Appoints Kenneth Cawkell as Board of Director Portofino Resources Inc. at its AGM held on June 14, 2023, approved appointment of Kenneth Cawkell as board of director. Annuncio • Feb 18
Portofino Resources Inc. announced that it expects to receive CAD 0.5 million in funding Portofino Resources Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 500,000 on February 17, 2023. Each unit consists of one common share and one common share warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.075 per share at any time within 3 years after closing. All securities to be issued in the transaction will be subject to a 4 month hold period. The transaction is subject to receipt of all TSX Venture Exchange approvals. Annuncio • Feb 03
Portofino Resources Inc. Provides Projects Updates; 2023 Plans and Objectives PORTOFINO RESOURCES INC. announced summary updates of its key projects and 2023 plans and objectives. Portofino management and the state-owned mining company of the Province of Salta ("REMSA"), continue to work together within the framework of the previously executed MOU agreement. Management has prepared and filed a "private initiative" (joint venture proposal) pursuant to the Provincial Mining Law regarding an 8,445-hectare property within the Arizaro salar (the "Arizaro Project"). The Arizaro Project is in close proximity to multiple world-class salar lithium projects including near-term production projects operated by Ganfeng Lithium, Rio Tinto and French mining conglomerate, Eramet. In addition, junior explorer, Lithium Chile Inc. has reported a high-grade resource on an adjacent property. Portofino has financed a reconnaissance mapping, surface sampling, and surface trenching sampling program as well as a geophysical survey as part of its commitment to REMSA pursuant to its MOU agreement. Initial sampling and geophysical surveying feedback indicate the property hosts a deep lithium bearing aquifer, similar in nature to other operators within the Arizaro salar region. The Company will report results when available. In September 2022, the Company reported that it had received a Notice of Termination from Fabian Bertetto, the claim owner and optionor (the "Optionor") of the Yergo Project in Catamarca, Argentina. The Company rejected the purported termination as baseless and having no merit whatsoever. Pursuant to the Company's filing and request, an injunction has been granted by the Mining Court for the Province of Catamarca (the "Court") against the Optionor. The injunction has also been filed and accepted by the Provincial Ministry of Mining. The Company views this a positive development as: (i) prima facie, the Court's Judge considers Portofino's position to have reasonable grounds under Argentine Law; and (ii) the injunction legally prohibits the Optionor from entering into any form of alternative transaction regarding the Yergo Project. The Company has worked closely with the Catamarca Ministry's of Environment and Mining for more than 18 months on the development of an environmentally and socially responsible exploration plan for inclusion in its drill permit application. Portofino completed all required work to advance the Yergo project from a pure greenfield property to one that has the potential to deliver significant value to the Province of Catamarca, the Optionor and Portofino. In late September 2022, Portofino's geological team completed a reconnaissance and sampling program on Portofino's newly acquired claims near the southwestern contact of the Allison Lake Batholith, as well as additional sampling on the main claim group. The new claims are located just west and proximal to the SJ Pegmatite which is described in a 2003 Ontario Geological report as hosting `economically interesting' rare-element mineralization. In total, 28 grab samples and 23 select channel samples were collected, many of those from undocumented pegmatites within metasediments. Values of up to 230 ppm Lithium ("Li") were reported (News Releases | Portofino Resources Inc.) within metasediments adjacent to these undocumented pegmatite dykes, and up to 622 ppm Rubidium ("Rb") within pegmatite. Of significance were a few Magnesium/Lithium ratios in between 1 and 5 which signify highly evolved pegmatites and are good indications that these pegmatites are likely to be lithium bearing. Initial grab and channel samples by Portofino on the Allison Lake Project in 2021 returned up to 398 ppm Li, 90.5 ppm Cesium ("Cs"), 1040 ppm Rb and 135 ppm Tantalum ("Ta") (News Releases | Portofino Resources Inc.). Additional sampling in the fall of 2021 returned elevated channel sample values up to 412 ppm Li and 857 ppm Rb (News Releases | Portofino Resources Inc.). In January 2023, Portofino filed an independent National Instrument 43101 ("43-101") technical report for the Allison Lake Property (News Releases | Portofino Resources Inc.). 2023 Next Steps: Portofino expects to follow-up previous exploration success with an additional sampling and pegmatite dyke exploration program in the spring. In addition, the Company is actively engaged with several groups interested in partnering on the Allison Lake Project and the Company will news release any material developments. Annuncio • Dec 10
Portofino Resources Inc. Receives Results from Allison Lake North Lithium Property Portofino Resources Inc. announced it has received reconnaissance grab and channel sample results from its Allison Lake North Lithium Property (the "Property") located 100 kilometres ("km") east of the town of Red Lake in northwestern Ontario. The objective of the fall 2022 reconnaissance program was to initiate sampling on Portofino's newly staked claims near the southwestern contact of the Allison Lake Batholith, as well as additional sampling on the main claim group. The new claims are located just west and proximal to the SJ Pegmatite which is described in a 2003 Ontario Geological report ("Breaks et al") as `economically interesting' rare elements levels (Figure 1). In total, 28 grab samples and 23 select channel samples were collected during the September/October 2022 program, many of those in undocumented pegmatites within metasediments. Values of up to 230 ppm Lithium("Li") were reported within metasediments adjacent to these undocumented dykes, and up to 622 ppm Rubidium ("Rb") within pegmatite. Of significance were a few Magnesium/Lithium ("Mg/Li") ratios in between 1 and 5 which signify highly evolved pegmatites and are good indications that these pegmatites are likely to be lithium bearing. (Values less than 1, signify lithium-bearing pegmatites- Breaks et al.) (Figure 2). Initial grab and channel samples by Portofino on the Property in 2021 returned up to 398 ppm Li, 90.5 ppm Cesium ("Cs"), 1040 ppm Rb and 135 ppm Tantalum ("Ta") (NR Sept 7, 2021). Follow-up sampling in 2021 returned values up to 412 ppm Li and 857 ppm Rb (NR Jan 14,2022). The Property comprises 7 mining claims totaling 2,288 hectares (ha) in three claim groups and is located 100 kilometers ("km") east of the town of Red Lake in northwestern Ontario. The Property is accessible by well- established logging roads and a hydro-electric power line transects the claim group. The claims were staked to acquire strategically important exploration areas where Lithium and other rare element mineralization targets occurred associated with the Allison Lake batholith. Portofino is earning a 100% interest in the Property. The 2003 Ontario Geological Survey ("Breaks et al") report described the Allison Lake batholith as the largest known peraluminous granitic body in northwestern Ontario. Breaks concluded that, "the Allison Lake batholith represents an important new exploration target for rare-element mineralization and is the largest such granite thus far documented in Ontario. This area has high potential for further discoveries of rare-element mineralization that occur in exocontact, metasedimentary-hosted pegmatites or as internal pegmatites within the parent granite". The Root Bay pluton located about 60 km southeast of the Property is also an S-type peraluminous and is host to the McCombe-Root Bay lithium deposit of 2.3Mt @ 1.3% Li2O (OGS Open File Report 6160). The Root Bay pluton appears genetically linked to the southeast arm of the Allison Lake batholith (Breaks et al.) (Figure 3). Annuncio • Nov 29
Portofino Resources Inc. announced that it has received CAD 0.94 million in funding On November 28, 2022, Portofino Resources Inc. closed the transaction. The company issued 9,800,000 units for proceeds of CAD 392,000 in second and final tranche closing. The company paid finders fees of CAD 4,480 and 112,000 finders’ warrants which are exercisable on the same terms as the subscribing investors. Annuncio • Oct 23
Portofino Resources Inc. announced that it expects to receive CAD 1 million in funding Portofino Resources Inc. announced a non-brokered private placement of up to 25,000,000 units at a price of CAD 0.04 per unit for gross proceeds of up to CAD 1,000,000 on October 21, 2022. Each unit will consist of one common share and one share purchase warrant. Each warrant will have a term of 24 months commencing on the closing date and will entitle the holder to purchase one common share at a price of CAD 0.06 per share during the first year and CAD 0.10 per share during the second year. All shares to be issued in the transaction will be subject to a four-month hold period. The transaction is subject to TSX Venture Exchange approval. Annuncio • Sep 18
Portofino Reports Airborne Survey Results-Allison Lake North Lithium Project Portofino Resources Inc. announced that it has received results from a property wide high-resolution helicopter-borne magnetometer ("mag") geophysical survey completed by Prospectair Geosurveys, on the Allison Lake North property (the "Property"). The survey comprised 406 line-kilometers of high-resolution mag with GPS controlled 50-meter line separations. The objective of the survey was to identify structural weaknesses, geological contacts and possible fractionation directions in the Allison Batholith that could potentially contain lithium bearing pegmatites. The resultant total magnetic intensity field was very settled in absolute terms with increasing intensity towards the eastern portion of the Property (Figure 1). This may represent fractionation westward from a barren biotite-rich granite to a more peraluminous fertile granitic melt. Low amplitudes in the southwestern portion of the Property may reflect metasediments of the Birch-Uchi greenstone belt. According to Breaks et al., 2003, fractionation and crystallization or rare elements (Li-Cs-Ta) occur mainly at the outer edges of the parental granite or those rocks in contact. Preliminary interpretation of the survey results will aid in the next phase of ground prospecting and mapping to those areas of high merit when combined with Portofino's previous sampling and mapping efforts. Annuncio • Sep 13
Portofino Resources Inc. Commences Exploration and Sampling on Greenheart/McNamara, Ontario Lithium Projects Portofino Resources Inc. reported that its geological team has been mobilized to the Greenheart Lake ("GL") and McNamara Lake ("ML") lithium properties and has commenced a mapping, sampling, and reconnaissance exploration program. The GL Property comprises approximately 1,200 hectares and the ML Property approximately 1,120 hectares. Both properties are strategically located in the Balmoral and McNamara Lake areas of northwestern Ontario within 15 kilometres ("km") of the town of Ignace and are accessible by well-established logging roads branching from the Trans Canada highway. Each property occurs proximal to a triple boundary junction of three Archean-age terranes: the Wabigoon, East Wabigoon and Winnipeg River. Terrane boundaries are recognized as important geological settings for lithium ("Li") and rare metal pegmatites (Breaks et al., 2003). The GL Property lies 10km southeast of International Lithium's Raleigh Lake lithium project and 15km northwest of Grid Metals Campus Creek lithium project. Grid Metals recently announced a new Li-bearing pegmatite discovery at Campus Creek where initial grab sample results assayed between 0.22 and 4.35% Li2O. The ML Property is contiguous with the southern claim boundary of Grid's Campus Creek property. The Company has the right to earn a 100% interest in each of the GL and ML claim groups. Annuncio • Aug 25
Portofino Reports Issuance of Environmental Resolution Enabling Drilling and Exploration- Yergo Lithium Project, Argentina Portofino Resources Inc. announce that an official Resolution from the Minister of Water, Energy and Environment of Catamarca province has been issued. The Resolution includes reference to an underlying report that details commercial activity guidelines within the southern part of the province and authorizes exploration and drilling at the Yergo Lithium Project. The Resolution issuance has been deemed to be the Mining Ministry's last requirement pursuant to approval of Portofino's planned exploration and drilling programs. The drilling permit application proposes to implement an inaugural 4-hole drill program. A previously completed geophysical survey and surface geochemical sampling program identified two large, lithium-bearing sub-basins within the Yergo Project (April 06-2021). The survey and sampling results confirm the presence of lithium-rich brines and the potential volume of the brines within the Project. The 2,932 hectares Yergo Project encapsulates the Aparejos Salar and is located in the southern part of Argentina's world-renowned "Lithium Triangle". The project is situated 15 kilometers southeast of Neo Lithium Corp.'s Third Quarter Project. Annuncio • Jun 25
Portofino Resources Inc., Annual General Meeting, Sep 07, 2022 Portofino Resources Inc., Annual General Meeting, Sep 07, 2022. Annuncio • Jun 11
Portofino Resources Inc. Summarizes Argentina Lithium Projects - Progress and Actions PORTOFINO RESOURCES INC. reported on its Argentina lithium projects' status and provide the following progress and actions updates: Yergo Lithium Project, Catamarca The Company reports that following initial filing of an Environmental Impact Assessment associated with a drilling permit application (regarding the implementation of an inaugural 4-hole drill program), extensive consultation and dialogue with the Catamarcan provincial Ministries of Environment and Mining have ensued. Portofino has demonstrated a strong commitment to an environmentally and socially responsible exploration and potential development project. Subject to successful drilling and further exploration the Company is of the opinion that, when advanced responsibly, the Yergo project could encompass additional attributes that contribute positive economic and social benefits to all stakeholders while protecting the salar's sensitive ecosystem. Portofino's actions to date include: Proposing to set aside a portion of its mining concessions as a protected nature reserve; Undertaking due diligence and dialogue with multiple Direct Lithium Extraction ("DLE") technology companies. DLE operations have proven effective in extracting lithium from salt brines, having the following benefits: eliminating the requirement for evaporation ponds and their massive environmental and visual footprint; returning the brine solution to underground aquifers maintaining aquifer levels for local communities and protecting vital wetland ecosystems; and Dramatically improving the project's environmental and social impact, while demonstrating innovation leadership, and implementation of emerging best practices for Argentina and the Province of Catamarca; Initiating a geothermal study assessing the potential of Yergo's renewable geothermal capacity that could potentially meet 100% of future DLE power requirements, additionally providing the potential for a sustainable and stable base-load energy solution to local communities displacing traditional fossil fuels with a carbon neutral future. Based on positive feedback received in recent meetings held in Catamarca with government officials, management is confident a drill permit will be granted shortly. About the Yergo lithium Project: The 2,932 hectares, Yergo Project is located in the southern part of Argentina's world-renowned "Lithium Triangle" approximately 15 kilometers southeast of Neo Lithium Corp.'s Third Quarter Project. (In January 2022, Neo Lithium was acquired by Zijin Mining Group for $960 million.) A 2021 geophysical survey and surface geochemical sampling program identified two large, anomalous sub-basins within the Aparejos Salar. The survey and sampling results 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 by approximately 700 meters ("m") in width with modeled depths up to 65m. Portofino reported surface samples with values of up to 373 mg/l Lithium that were accompanied by low impurities. Salta lithium projects: Pursuant to previous disclosure, the Company's management and Recursos Energeticos y Mineros De Salta S.A., the state-owned mining company of the Province of Salta, are working toward completing definitive collaboration agreements regarding multiple lithium brine mineral properties in the Province of Salta. The agreements would provide Portofino and local partners with the opportunity to earn a majority interest in the properties. It is expected that the initial agreement will be concerning the Arizaro salar property which is located approximately 170 kilometers west of the city of Salta. The Arizaro property comprises approximately 8400 hectares and is in close proximity to multiple world-class lithium projects including near term production projects operated by Ganfeng Lithium, Rio Tinto and French mining conglomerate, Eramet. In addition, explorer Lithium Chile Inc. has recently reported a high-grade resource on its adjacent Arizaro project. The initial exploration campaigns will be performed by REMSA in collaboration with the Company and financed by Portofino. Portofino's geological team has completed initial reconnaissance mapping and surface sampling as part of its ongoing due diligence. Annuncio • Dec 16
Portofino Resources Inc. (TSXV:POR) executed an agreement to acquire the Greenheart Lake Lithium Property and McNamara Lake Lithium Property CAD 0.13 million. Portofino Resources Inc. (TSXV:POR) executed an agreement to acquire the Greenheart Lake Lithium Property and McNamara Lake Lithium Property CAD 0.13 million on December 14, 2021. The Company has the right to acquire a 100% interest by making staged payments to the Optionors over the next three years totalling CAD 67,800 in cash and issuing 500,000 Portofino common shares. The Optionors will retain a 1.5% net smelter returns royalty. The agreement is subject to the approval of the TSX Venture exchange. Annuncio • Aug 22
Portofino Resources Inc. Executes Drilling Contract - Yergo Lithium Project Portofino Resources Inc. announced that it has retained a drilling contractor for its Yergo, Argentina lithium project. The Company is working with the contractor in preparing site logistics for the Company's pending drilling program. Currently, the weather at the Project is typical for the end of the winter season with the salar holding much surface water. Drilling is anticipated to commence in October once the (drier) spring season has arrived, and permits have been granted. Portofino's technical team has identified an initial 4 priority drill targets and the drilling contract contemplates a minimum 300 meters of diamond drilling. Drill testing of the Project will enable initial evaluation of the volume and the lithium content of the brines and sediments within a basin of previously identified zones. The Yergo Lithium Project: Portofino has the right to earn a 100% interest in the 2,932 hectares Yergo Project which encompasses the entire Aparejos Salar located in the southern part of Argentina's world-renowned "Lithium Triangle". The Project is situated 15 kilometers southeast of Neo Lithium Corp.'s advanced Third Quarter Project. A 2021 geophysical survey and surface geochemical sampling program identified two large, anomalous sub-basins within the Aparejos Salar (NR-April 6, 2021). The western sub-basin has approximate surface dimensions of 2,300 meters ("m") x 1,000m and a modeled depth of approximately 35m. The eastern sub-basin has an irregular surface expression measuring between 1,800m to 2,500m in length by approximately 700m in width with modeled depths of up to 65m. The surface sampling results confirmed the presence of lithium-rich brines. Ten samples were collected and returned values of up to 336 mg/l Lithium and 7,159 mg/l Potassium. In addition, the ratios of Magnesium to Lithium were notably low, averaging 1.51. Annuncio • Aug 08
Portofino Resources Inc. Completes Site Visit, Prepares for Drilling Yergo Lithium Project Portofino Resources Inc. reported that its Argentine field crew has completed a site visit to its Yergo, Argentina lithium project this week to evaluate current conditions and prepare site logistics for a near term drilling program. Portofino's technical team has identified an initial 4 priority drill targets and a drilling contract is being finalized for a minimum 300 meters. Drill testing of the Project will enable initial evaluation of the volume and the lithium content of the brines and sediments within the sub-basin of previously identified zones. Portofino has the right to earn a 100% interest in the 2,932 hectares Yergo Project which encompasses the entire Aparejos Salar located in the southern part of Argentina's world-renowned "Lithium Triangle". The Project is situated 15 kilometers southeast of Neo Lithium Corp.'s advanced third quarter Project. A 2021 geophysical survey and surface geochemical sampling program identified two large, anomalous sub-basins within the Aparejos Salar (NR-April 6, 2021). The survey and sampling results confirmed the presence of lithium-rich brines and the potential volume of the brines within the Project. Annuncio • Jun 30
Portofino's Geological Team Initiates Channel Sampling at Allison Lake North Lithium, Rare Elements Property Portofino Resources Inc. announced the mobilization of the geological crew to the Allison Lake North lithium and rare elements property ("Property"). Portofino's geologists have encountered several granitic pegmatite outcrops in recently logged areas of the property enabling the team to immediately initiate a channel sampling program across these exposures. The Allison Lake granitic pegmatites are known to be enriched in lithium and other rare elements as established by the 2003 Ontario Geological Survey, ("Breaks") report. Channel sampling is the best way to take representative samples over broad zones where the mineral grain size can be large, and the pegmatites found on the Property can contain mineral grains measuring several centimetres. In addition, field identification of such minerals as beryl (Beryllium-silicate) and tourmaline (Boron-silicate), which can be intimately associated with economic rare element mineralization, support Portofino's objective of finding an economic deposit containing these important elements. The Property comprises 1,618 hectares (ha) and is located 100 kilometers ("km") east of the town of Red Lake in northwestern Ontario. It is accessible by well-established logging roads and a hydro-electric power line transects the claim group. The Property contains significant attributes that are key to the formation of lithium-bearing pegmatite dykes. It is positioned along the contact between the Allison Lake pegmatite granite batholith and the Jubilee Lake metasedimentary rocks of the Uchi Subprovince in northwestern Ontario. Annuncio • Jun 25
Portofino Resources Inc. Mobilizes Geological Crew to the Allison Lake North Lithium Property Portofino Resources Inc. announced it has mobilized a geological crew to the Allison Lake North lithium and rare elements ("Property"). The Property comprises 1,618 hectares (ha) and is located 100 kilometers ("km") east of the town of Red Lake in northwestern Ontario. The Property is accessible by well-established logging roads and a hydro-electric power line transects the claim group. The geological crew has commenced mapping and sampling on the property. The Allison Lake North Property: The Property contains significant attributes that are key to the formation of lithium-bearing
pegmatite dykes. It is positioned along the contact between the Allison Lake pegmatite granite batholith and the Jubilee Lake metasedimentary rocks of the Uchi Subprovince in northwestern Ontario. The 2003 Ontario Geological Survey ("Breaks") report described the Allison Lake batholith as the
largest known peraluminous granitic body in northwestern Ontario. Breaks concluded that, "the Allison Lake batholith represents an important new exploration target for rare-element mineralization and is the largest such granite thus far documented in Ontario. This area has high potential for further discoveries of rare-element mineralization". Based upon samples analyzed and included in the Breaks report, the outer rim of the Allison Lake
batholith possesses anomalously high concentrations of rare elements including lithium ("Li"). Northwestern Ontario is host to several well-known Li and rare earth elements deposits that have delineated resources and preliminary economic assessment studies (Figure 2). Of note is the PAK
Li deposit along the `Electric Avenue' which contains one of North America's highest-grade, large tonnage hard-rock Li resources. The PAK deposit has a mineral reserve in the proven and probable categories of 5.77 MT averaging 2.06% Li2O. . Frontier Lithium recently announced drill results from the Spark Deposit with hole PL-048-21 reporting 340 metres of 1.68% Li2O. Also notable in northwestern Ontario is the Separation Rapids lithium deposit owned by Avalon Advanced Materials which has an estimated resource of 9.4Mt grading 1.35% Li2O; the Georgia Lake pegmatite deposit owned by Rock Tech Lithium with an estimated resource of 13.3 Mt grading 1.09% Li2O; two deposits owned by Infinite Ore containing historical resources of 2M
tons grading 1.09% Li2O and 750,000 tons grading 1.38% Li2O and the Seymour Lake lithium deposit owned by Ardiden Ltd. and having an estimated resource of 4.8 Mt grading 1.24% Li2O. Annuncio • May 13
Portofino Resources Inc. Receives Preliminary Gold Results from the Gold Creek Project Phase 1 Drilling Program Portofino Resources Inc. reported that gold assay results have been received for the Gold Creek drilling program completed in March 2021. A total of 798 metres (“m”) of diamond drilling were completed through four (4) holes on its Gold Creek Project located 65km west of Thunder Bay, Ontario. The Phase 1 drill program tested targets at the ‘New Road Zone’ and ‘S1 Zone’ where 2020 fall sampling programs confirmed the presence of anomalous to high-grade gold in grab samples. Two holes were completed at each zone. All intervals reported are downhole. Broad zones of alteration including silicification and potassic metasomatism with pyrite mineralization were common in all the drill holes, with hole GC-2021-04 reporting visible gold and 1.712g/t Au over 6.95m. Two holes were drilled at the S1-Zone where a historical grab sample assayed 175 grams per tonne gold ("g/t Au") and a 2020 grab sample reported 5.12 g/t Au. Assay results from hole GC-2021-04 were reported from a strongly bleached (potassic alteration and silicification) intermediate dyke with moderate quartz veining and 0.5 to 2% blebby to disseminated pyrite with trace galena and chalcopyrite intersected from 73.48m to 80.43m (6.95m). A few fine grains of visible gold were noted in the quartz veining. This interval included a 0.74m mafic tuff. The results from holes GC-2021-01 and 02 intersected little in significant gold values, however opened a geological window into the environment along the Crayfish Creek Fault. Timiskaming clastic sediments consisting of conglomerate, finer grained clastic sediments and iron formation were intersected in the drilling. Local pervasive shearing, silicification, chlorite, sericite and quartz-carbonate stringers and veins with minor 1-3% disseminated pyrite in the groundmass is suggestive of an active deformation and hydrothermal environment. Potassium-altered and bleached gabbro to diorite intrusive bodies were also intersected in the drill holes. This geological setting of Timiskaming clastic sediments in a preserved basin along a crustal scale fault (Crayfish Creek Fault) with intrusive rocks in a halo of observed alteration, deformation and mineralizing features bears many similarities to the Timmins and Kirkland Lake gold camps. The recently completed Phase 1 drill program was to have included drilling at the I-Zone North where historic property work includes multi-ounce gold grab samples, as well as historical drill intercepts of 4.32 g/t gold over 41 metres and 4.36 g/t gold over 20.42 metres completed in 1995 and a 1 tonne bulk sample in 2008 returning an average grade of 9.9 g/t gold. An early spring thaw prevented mobilization of the drill rig to this site. Portofino considers the I-Zone North a Priority 1 target as it is drill ready for a Phase 2 drill program. In addition to preparing the Priority 1 targets for a Phase 2 drill program, targets of merit identified through the structural interpretation of the property will be reviewed. This includes the geology along the Crayfish Fault as well as F1 and F2 folds in the southeastern mafic to intermediate package of rocks. Annuncio • May 06
Portofino Resources Inc. Files Environmental Impact Report - Yergo Lithium Project Portofino Resources Inc. reports that it has completed and submitted an Environmental Impact Report ("EIR") with the Provincial Mining Ministry of Catamarca regarding its 100% controlled Yergo Lithium Project ("Project") in Argentina. The report follows a (Phase 1) drilling permit application also recently submitted to the Ministry. Drill testing of the Project will enable initial evaluation of the volume and the lithium content of the brines and sediments within the identified zones. Portofino's technical team has selected multiple drill target sites and the evaluation of quotes and logistics related to drill contractors in the region is underway. Portofino has the right to earn a 100% interest in the 2,932 hectares Yergo Project which encompasses the entire Aparejos Salar located in the southern part of Argentina's world-renowned "Lithium Triangle". The Project is situated 15 kilometers southeast of Neo Lithium Corp.'s advanced Third Quarter Project. A recently completed geophysical survey and surface geochemical sampling program was successfully completed at the Project. The survey identified two large, anomalous sub-basins within the Aparejos Salar. The survey and sampling results confirm the presence of lithium-rich brines and the potential volume of the brines within the Project. Annuncio • Mar 25
Portofino Resources Inc. announced that it has received CAD 0.14 million in funding On March 24, 2021, Portofino Resources Inc. (TSXV:POR) closed the transaction. The securities issued are subject to a four-month hold period expiring in July 2021. Annuncio • Mar 21
Portofino Resources Inc. announced that it expects to receive CAD 0.14 million in funding Portofino Resources Inc. (TSXV:POR) announced private placement of 1,400,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 140,000 on March 19, 2021. Each unit consists of one common share and one share purchase warrant exercisable at CAD 0.15 per share for a period of 24 months from closing. Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a four-month hold period. Annuncio • Mar 18
Portofino Resources Inc., Annual General Meeting, May 31, 2021 Portofino Resources Inc., Annual General Meeting, May 31, 2021. Annuncio • Feb 18
Portofino Resources Inc. Announces Its Geophysical Exploration Team Has Completed its Site Work at the Company’s Yergo Lithium Project Portofino Resources Inc. announced its geophysical exploration team has completed its site work at the company’s Yergo lithium Project (the “Project”), located in Catamarca Province, Argentina. The team completed a vertical electric soundings (“VES”) geophysical survey that followed up encouraging Lithium results achieved during a previous near-surface brine sampling program. The survey tested 39 sites covering an area representing approximately 2200 hectares. Additional surface sampling was also completed and expanded upon Portofino’s previous exploration program. Is New 90 Day High Low • Feb 09
New 90-day high: CA$0.21 The company is up 50% from its price of CA$0.14 on 10 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. Annuncio • Feb 05
PORTOFINO RESOURCES INC. Receives Encouraging Phase 1 SGH Silver-Copper-VMS-In-Soil Anomalies At the South of Otter, Red Lake Property; Completes Phase 2 Program PORTOFINO RESOURCES INC. announced it has received encouraging Soil Gas Hydrocarbons Silver- Copper-volcanogenic massive sulfides -in-soil results from a focused geochemical survey conducted in October/November at its South of Otter property. These results compliment the anomalous SGH gold-in-soil results previously announced on January 5th, 2021. The South of Otter property is situated in the Red Lake Gold Camp of northwestern Ontario. It is only 8 kilometres east of Great Bear Resources Dixie Project and contiguous to Dixie Gold's Red Lake Gold Project. Both Great Bear and Dixie Gold recently announced multiple SGH gold-in-soil anomalies and have utilized the SGH analysis method to successfully vector toward gold exploration targets. During Phase 1 of the SGH program, Portofino's team completed 168 soil samples over the Yellow Jacket and Cliff Zone gold targets that were previously trenched in 2020. These trench locations resulted in new gold mineralization discoveries on the South of Otter property. Channel and chip sample results from the trenches returned 1.09 grams/tonne gold over 0.58metres and 0.220 g/t gold over 0.35m respectively (news release September 15th, 2020). Portofino's soil survey covered an area totalling approximately 160,000 square metres in size and the SGH analytical method was successful in outlining Ag-Cu-VMS-in-soil anomalies proximal to the Yellow acket Zone. SGH hydrocarbon signatures detect and analyze hydrocarbon residues produced by the decomposition of naturally occurring bacteria that fed on gold in rock. These residues subsequently migrated to the surface as a flux of different classes of hydrocarbons or decomposition products (ActLabs Report). The subjective SGH confidence rating for the survey assigned to the anomalies at the Yellow Jacket Trench is as follows: 3.0 on a scale of 6.0 for Silver. 4.5 on ascale of 6.0 for Copper. 5.0 on a scale of 6.0 for VMS. This compliments a rating of 5.5 on a scale of 6.0 for Gold previously reported. Confidence ratings begin to be categorized as "good" at 4.0 (ActLabs Report).Phase 2 sampling completed Portofino's geological crew returned to the South of Otter property during January 2021 to expand the areas of geochemical surveys. The 2021 Phase 2 SGH Soil Sampling Program has been completed and resulted in approximately 202 additional SGH soil samples being collected at the expanded Cliff Zone and Yellow Jacket Zone grids. The Phase 2 program doubled the size of the Phase 1 sampled area. The samples were taken from 100m spaced grid lines with sample stations every 25m along the lines and samples have been submitted to the laboratory for assay. Recent Insider Transactions • Jan 24
CEO, President & Director recently sold CA$63k worth of stock On the 20th of January, David Tafel sold around 600k shares on-market at roughly CA$0.10 per share. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Annuncio • Dec 03
Portofino Resources Inc. Reports Second Batch Sample Results from Its Gold Creek Property Fall Fieldwork Portofino Resources Inc. announced the second batch of analytical results from the fall 2020 field work on its Gold Creek Property in northwestern Ontario. This second batch consisted of 94 grab samples and brings the total number of samples for the fall program to 154. As reported by the Company on November 16th the sampling program tested both known showings and those new gold targets defined by the Company's recently completed airborne geophysical survey. The geological team examined at least 6 target areas of magnetic anomalies located within the 4,036-hectare Gold Creek property. The samples taken represented a broad spectrum of mineralized showings, altered host rocks and various lithologies found within the Gold Creek claims to supplement the earlier findings of the summer 2020 prospecting and mapping program. The 94 second batch samples were taken primarily from 2 target gold zones located in the eastern claims and within the Matawin Gold Belt. Both zones appear to be linear with east-west strikes. In addition, the target zones occur approximately 2,700 metres ("m") west of and on-strike with the I-Zone North and South occurrences as reported by the Company on November 16, 2020. Approximately one-third of the 94 second batch samples had anomalous or greater gold values with the highest grade being 5.12 grams per tonne ("g/t"). Gold analysis that returning greater than 5,000 ppb was retested by fire assay. The first target area, the S1 Zone, has previously returned high-grade gold results including a grab sample of 175 g/t gold. From current program, 14 samples of the S1 Zone returned significant values ranging from 90 ppb to a high of greater than 5,000 ppb. The fire assay of the 5,000-ppb analysis returned a grade of 5.12 g/t gold. All the S1 Zone samples were taken from outcrops over a strike length of about 250m. Approximately 300m north of the S1 Zone and in a new logging road exposure, the geological team identified a band of east-west trending exposures of rusty felsic intrusive rock with local quartz stringers containing up to 5% pyrite. The rocks were strongly fractured and locally sheared and fittingly called the "New Road Zone". The zone occurs at the eastern end of one of the 6 target magnetic anomalies. Samples were taken along a 100m strike length and 14 analyses showed gold content ranging up to 4,070 ppb gold. Many of the New Road Zone samples appeared similar to one that was collected during Portofino's summer program and located approximately 200m west which ran 161ppb gold, suggesting the New Road Zone has a strike length potential of more than 300m.
Next Steps: Portofino is resubmitting all its fall samples that returned 1,000 ppb gold or greater for fire assay with screened metallics. This method will help to determine the impact of coarse gold particles on the reliability of the standard gold analyses methods. If there are significant occurrences of coarse gold in the mineralization on the Gold Creek property, and there is evidence of this in certain historical reports, then the Company's geologists will be better prepared to make allowances in the assays from future sampling of outcrops and drill core. In addition, the analytical and assay results from 2020 summer and fall programs are being integrated into an ongoing property-wide compilation study and report. All the available historical geological, geophysical, and geochemical information is being digitized and compiled in a database and an advanced property interpretation report is expected to be completed before calendar year-end. The report will include structural analysis and modeling that will aid in designing a drilling and trenching program expected to commence in 2021. Annuncio • Nov 18
Portofino Resources Inc. Announces First Batch of Analytical Results for Its Fall 2020 Field Work on Its Gold Creek Property in Northwestern Ontario Portofino Resources Inc. announced the first batch of analytical results for its fall 2020 field work on its Gold Creek Property in northwestern Ontario. The fall program was intended to test both known showings and those new gold targets defined by the Company’s recently completed airborne geophysical survey. The geological team examined at least 6 target areas of magnetic anomalies located throughout the Gold Creek property. Approximately 160 grab samples were taken, representing mineralized showings, altered host rocks and various lithologies found in the target areas to supplement the earlier findings of the summer 2020 prospecting and mapping program. The preliminary results for the first 60 gold content analyses have been received with the high grade being 45.6 grams per tonne (“g/t”). For the samples that returned greater than 5,000 ppb gold, the samples were retested by fire assay. These reported gold showings are within the eastern Gold Creek property claims and comprise a strategic land package that contains several notable historical high-grade gold occurrences including historical drill intercepts of 4.32 g/t gold over 41 metres(“m”) and 4.36 g/t gold over 20.42m completed by Landore Resources Inc. in 1995 within an area called the “I-Zone”. In 2008, Mengold Resources Inc. completed a 1 tonne bulk sample within the “I-Zone” which returned an average grade of 9.9 g/t gold. The I-Zone Gold occurrences consist of a series of felsic dikes that intruded into the hosting banded iron formation. The dikes commonly have widths of 4.5m within which are relatively densely spaced gold- bearing quartz-tension/ladder veins containing 3% - 5% pyrite and occasionally coarse visible gold. Through the course of the Company’s fall program, the I-Zone was found to consist of two subparallel occurrences “I-Zone North” and “I-Zone South”, striking approximately east west over a distance exceeding 100m and paralleling the Crayfish Creek fault zone. Annuncio • Oct 03
Portofino Resources Inc. Announces Preliminary Geophysical Results for Gold Creek Property and Commences Fall Work Program PORTOFINO RESOURCES INC. ("Portofino" or the "Company") reported its geological team is currently on-site and conducting the fall 2020 field work program on the Gold Creek property, in northwestern Ontario (the "Property"). The fall program is intended to continue the successful initial prospecting work that focused on the eastern part of the Gold Creek claims and the numerous high-grade showings including the recently recovered 17.3 grams/tonne ("g/t") gold and 10.3 g/t gold grab samples. (POR news: August 18th and 26th, 2020, as well as. In addition, the crews will be looking for new gold occurrences located in geological and geophysical settings indicative of likely targets for mineralization occurring across the Property. The Property is located on the south boundary of the historical Shebandowan mine approximately 60 kilometres ("km") west of Thunder Bay and comprises approximately 4,036 hectares (9,973 acres). The claims incorporate approximately 13 km of prospective greenstone belt and include part of the Matawin gold belt. The Matawin belt is manifested by several gold showings that appear related to the Crayfish Creek Fault zone ("CCF zone"). The CCF zone is a major structural feature that is a south east striking splay off of the Quetico fault. Multiple gold occurrences are found along the +80-kilometre strike length of the CCF zone. The Company's recently completed high-resolution airborne geophysical survey has identified at least 3 target areas of high magnetic intensity. These geophysical anomalies are each very large, occupying areas encompassing several contiguous claim units. Preliminary results of the airborne survey are found in Figure 2. Target areas for current mapping and prospecting include the anomalies: In the western third of the claims located within a mixed sequence of Timiskaming-type sediments, mafic volcanics and mafic intrusive rocks where historical till samples returned nil to 0.6 g/t Au; in a linear belt about 5 km long paralleling the CCF zone that has magnetic indications and historically mapped banded iron formation; and a 2 km2 area located in the east-central part of the Property where numerous gold showings are associated with syenite intrusive bodies cross-cutting banded iron formation. Additional mapping and prospecting targets include investigating occurrences of alkalic felsic intrusive bodies. Much of the middle area of the Property is underlain by significant syenite-diorite intrusive plug that measures approximately 6 km by 3 km. Similar alkalic units are known to host gold deposits in such gold mining camps as Red Lake and Kirkland Lake, Ontario. Similarities to Kirkland Lake and Red Lake provides an indication of the exploration potential of the Gold Creek Property and may not be representative of expected results. Mr. Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43-101, has reviewed, and approved the technical contents of this news release on behalf of the Company. Annuncio • Oct 01
Portofino Resources Inc. Auditor Raises 'Going Concern' Doubt Portofino Resources Inc. filed its Annual on Sep 28, 2020 for the period ending May 31, 2020. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Sep 24
Portofino Resources Inc. announced that it expects to receive CAD 1 million in funding Portofino Resources Inc. (TSXV:POR) announced a private placement of up to 6,666,666 flow through units at a price of CAD 0.15 per unit for gross proceeds of up to CAD 1,000,000 on September 22, 2020. Each unit consists of one flow-through common share and one-half share purchase warrant. Each full warrant shall have a term of 24 months commencing on the closing date and shall entitle the holder to purchase one common share at a price of CAD 0.25 during the term. The transaction is subject to TSX Exchange approval and any shares issued will be subject to a four-month hold period. Annuncio • Sep 17
Portofino Resources Inc. Identifies Additional Gold Mineralization at South Of Otter Project, Red Lake Property Portofino Resources Inc. reported that it has received assay results from the recent overburden trenching campaign on the company's South of Otter property (the "Property"). The trenching was completed on three prospective sites; the Cliff Zone, the Yellow Jacket Trench and the Silver Lining Trench. A total of 22 samples were submitted for fire assay to Activation Laboratories and 5 selective chip and channel samples returned anomalous values for gold (base metal analyses are still pending). Trenching was conducted at the Cliff Zone, the site of the Company's initial gold discovery of high-grade gold mineralization of 16 grams per tonne gold ("g/t Au") (Portofino news - August 26th 2020) in a quartz vein located 200 meters ("m") southeast of Goldcorp's 2002 drill hole (SF02-08). Bedrock exposed by trenching of the Cliff Zone contained 2 (+25cm wide) quartz veins and a broader carbonate plus pyrite alteration zone along the diorite and porphyry contact. Gold-bearing channel samples ranged from 137 ppb Au to 1,090 ppb Au. (0.137 to 1.09 g/t Au). The 1.09 g/t Au grade was returned from a 0.58m channel sample of mineralized vein. The Yellow Jacket trench was intended to expose mineralized bedrock associated with the 2001 Goldcorp gold soil anomaly, located 650m to the south along a geophysically-interpreted structural break. Chip samples across a width of 0.35m of a rusty intermediate volcanic unit returned a highly anomalous grade of 372 ppb Au (0.373 g/t Au). A second, highly anomalous chip sample of a quartz feldspar porphyry showed 220 ppb Au (0.220 g/t Au) over a sample width of 0.50m. Annuncio • Sep 02
Portofino Resources Inc. (TSXV:POR) acquired block of 5 mining claims contiguous to Gold Creek Property for CAD 0.03 million. Portofino Resources Inc. (TSXV:POR) entered into an agreement to acquire block of 5 mining claims contiguous to Gold Creek Property for CAD 0.03 on September 1, 2019. The consideration consists of issuance of 0.125 million common shares of Portofino Resources and payment of CAD 0.01 million. The property is subject to a 1.5% NSR and Portofino has the right to purchase 0.5% of the NSR at any time up to commencement of production for a payment of CAD 0.3 million. The transaction is subjected to TSXV exchange approval.
Portofino Resources Inc. (TSXV:POR) completed the acquisition of block of 5 mining claims contiguous to Gold Creek Property on September 1, 2020. Annuncio • Aug 06
Portofino Resources Inc. (TSXV:POR) acquired 2 additional mining claims in South of Otter Property. Portofino Resources Inc. (TSXV:POR) acquired 2 additional mining claims in South of Otter Property on August 5, 2020. The claims was acquired by staking.
Portofino Resources Inc. (TSXV:POR) completed the acquisition of 2 additional mining claims in South of Otter Property on August 5, 2020. 