Portofino Resources Inc. announces summary updates of its key projects and 2023 plans and objectives. Arizaro lithium Project, Salta : Portofino management and the state-owned mining company of the Province of Salta , continue to work together within the framework of the previously executed MOU agreement. Management has prepared and filed a [...]
Portofino Resources Inc. announces that it has filed an independent Technical Report pursuant to National Instrument 43‐101 regarding its Allison Lake North Lithium Project located in the Red Lake mining district of Northwestern Ontario. The Technical Report has an effective date of December 10, 2022 and can be viewed either on www.sedar.com [...]
Portofino Resources Inc. is pleased to announce it has received reconnaissance grab and channel sample results from its Allison Lake North Lithium Property located 100 kilometres 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 [...]
Portofino Resources Inc. announces that it has closed a second and final tranche of its previously announced non-brokered private placement financing for $392,000 priced at $0.04 per Unit, with total gross proceeds of $940,000 having been raised through this placement. The Company is issuing 9.8 million Units with each Unit consisting of one common [...]
Portofino Resources Inc. announces that it has closed the first tranche of its previously announced non-brokered private placement financing for $548,000 priced at $0.04 per Unit. The Company is issuing 13.7 million Units with each Unit consisting of one common share and one share purchase warrant. Each Warrant has a term of 24 months commencing on [...]
Portofino Resources Inc. announces that it is arranging a non-brokered private placement financing for up to $1,000,000 priced at $0.04 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 [...]
Portofino Resources Inc. reports that pursuant to the Company's filing and request, an injunction has been granted by the Mining Court for the Province of Catamarca against Mr. Fabian Bertetto, the Optionor of the Yergo Project in Catamarca, Argentina . The Court ordered injunction has also been filed with the Provincial Ministry of Mining. The [...]
Portofino Resources Inc. is applying to the TSX Venture Exchange for a one-year extension of 6,305,000 common share purchase warrants set to expire on November 09, 2022. The warrants are exercisable into common shares of the company at a price of $0.15 per share and were issued pursuant to a non-brokered private placement consisting of 6,305,000 [...]
Portofino Resources Inc. is pleased to announce that its geological team has mobilized to the Allison Lake North property to follow-up on the Company's 2021 channel and grab sampling programs that reported encouraging values of up to 412 ppm lithium and 1040 ppm rubidium. Recently completed high-resolution magnetic heli-borne survey results [...]
Portofino Resources Inc. announces that it has received a Notice of Termination from Mr. Fabian Bertetto, the claim owner and Optionor of the Yergo Project in Catamarca, Argentina, regarding the April 2019 Binding Letter Option Agreement and the May 2021 Binding Letter Agreement Addendum . The Notice purports to terminate the Agreements. The [...]
Portofino Resources Inc. is pleased to announce that it has received results from a property wide high-resolution helicopter-borne magnetometer geophysical survey completed by Prospectair Geosurveys, on the Allison Lake North property . The survey comprised 406 line-kilometers of high-resolution mag with GPS controlled 50-meter line separations [...]
Portofino Resources Inc. reports that its geological team has been mobilized to the Greenheart Lake and McNamara Lake 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 [...]