Portofino Completes Geophysical Survey - Yergo Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce 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...
2021-02-17 8:30 AM EST
Portofino Receives Approval to Commence Trading on the OTCQB
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce the Company's common shares have been approved for quotation on the OTCQB Venture Market ("OTCQB") 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...
2021-02-04 4:42 PM EST
Portofino Receives Encouraging Phase 1 SGH Silver-Copper-VMS-In-Soil Anomalies at the South of Otter, Red Lake Property; Completes Phase 2 Program
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has received encouraging Soil Gas Hydrocarbons ("SGH") Silver-Copper-volcanogenic massive sulfides ("Ag-Cu-VMS")-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 (see press release). The South of Otter property is situated in the Red Lake...
2021-02-04 9:00 AM EST
Portofino Mobilizes Geophysical Survey Crew to Its Yergo Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce its geophysical team has arrived at site and commenced work at the Company's Yergo lithium Project (the "Project" or the "Property"), located in Catamarca Province, Argentina. The geophysical survey work is intended to follow up on encouraging Lithium (and Potassium) results achieved during a previous near-surface brine sampling program (NR - May 27, 2019). ...
2021-02-02 10:30 AM EST
Portofino Plans Geophysical Survey on Its Yergo Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce a geophysical team has been engaged to complete a geophysical survey at the Company's Yergo lithium Project (the "Project" or the "Property"), located in Catamarca Province, Argentina. The geophysical survey work is intended to follow up on encouraging Lithium (and Potassium) results achieved during a previous near-surface brine sampling program (News Release - May 27,...
2021-01-19 9:00 AM EST
Portofino Provides 2020 Summary and Early 2021 Plans
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") had a highly active 2020 that included 4 new property acquisitions and completed financings totaling over $2.4 million (includes $900,000 raised through the exercise of warrants). 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...
2021-01-13 10:51 AM EST
Portofino Receives Encouraging SGH Gold-In-Soil Anomalies at the South of Otter, Red Lake Property
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has received encouraging Soil Gas Hydrocarbons ("SGH") 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...
2021-01-05 11:10 AM EST
Portofino Reports Second Batch Sample Results from Its Gold Creek Property Fall Fieldwork
Reports geochemical gold analyses on 94 samplesAnomalous samples range up to and greater than 5,000 ppb gold Newly discovered gold zone has potential 300 metres strike lengthVancouver, British Columbia--(Newsfile Corp. - December 2, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") 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...
2020-12-02 11:00 AM EST
Portofino Completes Gold Creek Property Fall Fieldwork & Reports First Batch Sample Results
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") 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 completed airborne geophysical survey. The geological team examined at least 6 target areas...
2020-11-17 5:30 AM EST
Portofino Closes Oversubscribed Financing for $630,500
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") announces that further to its previously announced private placement for $500,000, (subsequently increased to $600,000), the Company's financing has been oversubscribed and has been closed at $630,500. The placement is priced at $0.10 per unit and each unit consists of one common share and one share purchase warrant. Each warrant has a term of 24 months commencing on the...
2020-11-09 5:22 PM EST
Portofino Increases Financing to $600,000
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") announces that due to strong interest in its previously announced private placement for $500,000, it has increased the financing to $600,000. The placement is priced at $0.10 per unit and 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...
2020-11-04 5:06 PM EST
Portofino Announces $500,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") announces that it has arranged a private placement financing for $500,000 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...
2020-11-02 11:00 AM EST
Portofino Receives Airborne Geophysical Survey Covering the South of Otter Project, Red Lake Ontario; Identifies Drill Targets
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has received the final deliverable maps for the high-resolution airborne magnetic survey covering the Company's South of Otter Project in the Red Lake gold camp, Ontario (the "Project" or "Property"). The survey has identified several structural and magnetic features that when merged with recent trenching, sampling and surface mapping, as well as historical...
2020-10-14 11:00 AM EDT
Portofino Announces Preliminary Geophysical Results for Gold Creek Property and Commences Fall Work Program
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report 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...
2020-10-02 8:00 AM EDT
Portofino Receives Cash, Shares for Sale of HMW Lithium Interest; Amends Yergo Agreement
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report that it has now received full consideration, for the sale and assignment of Portofino's right to earn a 100% interest in the Del Condor and Pucara lithium brine salar properties ("HMW Lithium Project") in Argentina. The consideration totaled C$100,000 in cash and 650,000 Galan Lithium Limited ordinary shares, pursuant to its previously announced transaction (NR...
2020-09-24 3:00 PM EDT
Portofino Announces $1 Million Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") announces that it is arranging a private placement financing for up to $1,000,000 priced at $0.15 per (Flow-Through) common share Unit. Each Unit will consist 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...
2020-09-22 4:30 PM EDT
Portofino Identifies Additional Gold Mineralization at South of Otter Project, Red Lake Property
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report 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...
2020-09-15 8:00 AM EDT
Portofino Acquires Additional Claim Block Contiguous to Gold Creek Property; Announces Airborne Geophysical Survey Underway on Expanded Gold Creek Property
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce the acquisition of a block of 5 mining claims totalling 105 hectares ("ha") contiguous to its current eastern Gold Creek Property boundary (the "New Claims"). The acquisition expands its Gold Creek Property to 4,023 ha. The New Claims cover several gold showings with historical drill intercepts of 4.32 grams/tonne ("g/t") gold over 41 metres...
2020-09-01 8:00 AM EDT
Portofino Completes Successful Trenching Program; Commences Airborne Survey for South of Otter, Red Lake Property
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report its exploration crew has completed a successful mechanical trenching and soil anomaly testing program on its South of Otter, Red Lake property (the "Property"). As previously reported, the Company had discovered 2 gold bearing quartz veins sampling 18.0 grams per tonne ("g/t") gold and 8.19 g/t gold. A re-assaying of the initial 12 samples resulted in...
2020-08-26 8:00 AM EDT
Portofino Receives High Grade Gold Samples from Gold Creek Property, Northwestern Ontario
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce the results of its prospecting program at its Gold Creek Property located 65 kilometers west of Thunder Bay, Ontario. The purpose of the initial prospecting program was to confirm historical gold-bearing occurrences and sample additional points of interest. A total of 56 grab samples were taken over a 5-day period. Highlights include; 17.3 grams/tonne ("g/t")...
2020-08-18 8:30 AM EDT