Portofino Resources Inc.

Portofino Resources Inc. reports that it is undertaking a non-brokered private placement for up to $500,000 priced at $0.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant. Each whole warrant is exercisable for one Common Share of the Company for a period of 24 months from closing at an exercise price of $0.08. Proceeds from this financing shall be used by the Company for [...]

Portofino Resources Inc. is pleased to report it has executed a Binding Heads of Agreement with Galan Lithium Limited for the purchase and assignment of Portofino's right to earn a 100% interest in the Del Condor and Pucara lithium brine salar projects in Argentina. Pending the completion of due diligence and any regulatory approvals, Galan will pay Portofino CDN$100,000 in cash and issue 650,000 fully paid Galan common [...]

Portofino Resources Inc. is pleased to report that its exploration crew has mobilized to site and commenced exploration work on its South of Otter property located in the Red Lake mining district. The first phase of Portofino's 2020 exploration program consists of approximately 25-line kilometers of ground VLF/EM geophysics and soil geochemistry surveys. The program's objective is to delineate mineralized structures [...]

Portofino Resources Inc. reports that it has completed a review of all the available historical assessment work on its South of Otter property located in the Red Lake mining district and is planning to implement an initial exploration program commencing in February. The first phase of the program will consist of ground VLF/EM geophysics and soil geochemistry surveys. Utilizing the historical geological and airborne [...]

HIGHLIGHTS: Located in historic gold mining camp, near the town of Red Lake, Ontario; Close to recent Dixie Lake high-grade gold district discoveries; Infrastructure access including highway and power; Portofino Resources Inc. is pleased to announce it has signed a binding agreement for the right to acquire a 100% interest in a mining claim block located in the Red Lake mining district in northwest Ontario. The claim [...]

Portofino Resources Inc. is pleased to announce geophysical survey results completed on its Hombre Muerto West lithium brine project . Project Highlights Include: Conductivity anomalies, , extend from surface to a depth of 250 meters and for at least 2.5 kilometers across the Project Elevated near-surface lithium values Multiple drill targets identified The recently completed geophysical survey comprised Vertical Electric [...]

Portofino Resources Inc. is pleased to announce initial sampling results at its Yergo lithium brine Project, located at the Aparejos Salar in the Province of Catamarca, Argentina, within 15 km of Neo Lithium Corp's advanced 3Q Project. The exploration program consisted of surface and near-surface brine sampling and geological mapping. Hand augers were utilized to obtain the brine samples from surface to a maximum depth of [...]

Portofino Resources Inc. announces that Rich River Exploration Ltd. , and the Company have agreed to terminate the Iron Horse-Bolivar mineral property option agreement. The Company was granted an option to acquire a 100% interest in the property in February 2012 which was originally comprised of seven mineral claims located in the Peachland region of British Columbia. The Company has focused its activities on its lithium [...]

Portofino Resources Inc. is pleased to announce the completion of an initial field exploration and sampling program at its recently acquired Yergo lithium brine project, located at the Aparejos Salar in the Province of Catamarca, Argentina. The exploration program consisted of surface and near-surface brine sampling and geological mapping. A total of 25 locations across the property have been sampled. Hand augers were [...]

Portofino Resources Inc. is pleased to announce the commencement of a comprehensive field exploration program at its recently acquired Yergo lithium brine Project, located at the Aparejos salar in the Province of Catamarca, Argentina . The 2,932 Hectares Yergo Project encompasses the entire Aparejos salar and is located approximately 20 kilometres south-east of Neo Lithium Corp.'s 3Q project, which hosts one of the [...]