Portofino Resources Inc. announces that it has arranged a private placement financing for $140,000 priced at $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each 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 $0.15 during the term. Closing will be subject to TSXV Exchange approval and [...]
Portofino Resources Inc. is pleased to announce that its common shares are now eligible for settlement through the Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. Portofino's common shares are now fully DTC eligible and are tradeable in the United States under the ticker symbol "PFFOF" on [...]
Portofino Resources Inc. is pleased to announce the Company has been issued an Exploration Permit for its Gold Creek Project from the Ontario Ministry of Energy, Northern Development, and Mines. The Gold Creek claims are situated within First Nation traditional lands and as part of the Permit process, Portofino consulted with, and has received support for its exploration plans from local First Nations groups. The Permit [...]
Portofino Resources Inc. is pleased to announce its geophysical exploration team has completed its site work at the Company's Yergo lithium Project , located in Catamarca Province, Argentina. The team completed a vertical electric soundings 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 [...]
Portofino Resources Inc. is pleased to announce the Company's common shares have been approved for quotation on the OTCQB Venture Market as at the opening of the market on February 05, 2021. The Company will trade under the stock symbol "PFFOF". The OTCQB is a premiere marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality trading and information [...]
Portofino Resources Inc. is pleased to announce 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 [...]
Portofino Resources Inc. is pleased to announce its geophysical team has arrived at site and commenced work at the Company's Yergo lithium Project , located in Catamarca Province, Argentina. The geophysical survey work is intended to follow up on encouraging Lithium results achieved during a previous near-surface brine sampling program . The program will help to define the extent of brines in the sub-surface of the [...]
Portofino Resources Inc. is pleased to announce a geophysical team has been engaged to complete a geophysical survey at the Company's Yergo lithium Project , located in Catamarca Province, Argentina. The geophysical survey work is intended to follow up on encouraging Lithium results achieved during a previous near-surface brine sampling program . The geophysical program will help to define the extent of brines in the [...]
Portofino Resources Inc. had a highly active 2020 that included 4 new property acquisitions and completed financings totaling over $2.4 million . Multiple field programs were implemented and were successful in advancing our Northwestern Ontario projects. A 2020 summary of activities, results and 2021 plans regarding our two main projects are as follows: South of Otter Gold & Base Metals Project, Red Lake, Ontario • A [...]
Portofino Resources Inc. is pleased to announce it has received encouraging Soil Gas Hydrocarbons gold-in-soil results from a focused geochemical survey conducted in October/November at its South of Otter property. The South of Otter property is situated in the Red Lake Camp of northwestern Ontario and lies only 8km east of Great Bear Resources Dixie Project and contiguous to Dixie Gold's Red Lake Gold Project. Both Great [...]
Reports geochemical gold analyses on 94 samples Anomalous samples range up to and greater than 5,000 ppb gold Newly discovered gold zone has potential 300 metres strike length Portofino Resources Inc. is pleased to announce 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 [...]
Reports the first 60 Gold content analyses; highest grade sample assayed over 45 g/t Gold; seven samples assayed greater than 5 g/t Gold Portofino Resources Inc. is pleased to announce 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 [...]
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