Portofino Reports High Grade Lithium Results: Hombre Muerto Salar-Argentina
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce results from its exploration program on the Hombre Muerto West lithium brine project in Catamarca, Argentina. A total of 18 sample sites were tested within the project concessions and the highest-grade sample returned 1,031mg/L lithium (Li), 9,511 mg/L potassium (K) and 1,716 mg/L magnesium (Mg). The overall average of the eighteen analyses is 384.4 mg/L Li...
2018-07-10 12:30 AM EDT
Portofino Completes Sampling Programs: Hombre Muerto, Rio Grande Salars-Argentina Lithium Projects
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that it's geological team has completed a comprehensive initial exploration program on its Hombre Muerto and Rio Grande Sur, lithium brine projects in Catamarca, Argentina. The programs included geological mapping and near surface auger trench sampling. 18 sample sites were tested at the Hombre Muerto project area and 13 at the Rio Grande Sur project area. All samples...
2018-06-13 12:30 AM EDT
Portofino Receives Sampling Permits; Expands Exploration Programs to Three Argentina Lithium Brine Projects
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that it has received the requisite surface exploration and sample transportation permits to commence exploration activities on the Project II lithium brine property located in Catamarca, Argentina. Project II is approximately 3,900 hectares in size and located between Neo Lithium Corp's 3Q project to the south-west and the Antofalla salar currently being advanced by lithium producer, Albermarle Corporation,...
2018-05-23 12:05 AM EDT
Portofino Initiates Exploration Programs on Argentina Lithium Projects
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce the commencement of a comprehensive field exploration program on the Hombre del Muerto and Rio Grande Sur lithium brine salar properties, located in Catamarca, Argentina. The program will consist of surface sampling, shallow drilling, trenching and geological mapping. Portofino's geological team is presently mobilized within the project area. The Company will also be conducting surface sampling,...
2018-04-30 7:00 AM EDT
Portofino Executes Agreement Pursuant to the Yergo Lithium Brine Project in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce that it has executed a binding agreement with a private Argentine concession owner to acquire a 100% interest in the Yergo and Yergo 2 lithium brine salar projects in Catamarca, Argentina which comprise over 3,500 Hectares ("Ha"). The property locations can be viewed on the property map link below:Portofino Resources — Catamarca Lithium ProjectsThe Yergo (2932...
2018-03-05 1:00 AM EST
Portofino Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") wishes to announce that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting ("AGM") held Friday January 12, 2018, including: The number of Directors for the Company was set at three.The three members elected to the Board of Directors include: David G. Tafel, Stephen J. Wilkinson and Kenneth A. Cawkell.Manning Elliott...
2018-01-15 4:59 PM EST
Portofino Grants Options
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that in compliance with the Company's Stock Option plan, the Board of Directors has granted 1,600,000 options exercisable for up to 5 years at $0.12 to certain directors, officers and consultants of the Company.About Portofino Resources Inc.Portofino is a Vancouver, Canada based company focused on acquiring, exploring and developing mineral resource projects in the Americas. The Company has recently...
2017-12-29 5:14 PM EST
Portofino Receives $691,000 from Exercise of Share Purchase Warrants
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce that the Company has received funds totalling $691,000 and issued 8.9 million shares during the last 2 weeks pursuant to the exercise of common share purchase warrants at $0.075 and $0.08 per share.The Company further reports its management and geological team will travel to Argentina in December to advance ongoing acquisition negotiations for prospective lithium brine projects in...
2017-11-28 12:15 AM EST
Portofino Executes Binding Agreement Pursuant to the Rio Grande Sur Lithium Brine Project in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce that it has executed a binding agreement with a private Argentine concession owner to acquire a 100% interest in the Rio Grande Sur lithium brine salar project in Catamarca, Argentina. The concession area comprises approximately 8,500 hectares, and consolidates the southern extension of the Rio Grande salar in Catamarca. The property is adjacent to the Rio...
2017-11-20 8:00 AM EST
Portofino Announces Closing of Fully Subscribed $715,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce it has closed a previously announced fully subscribed non-brokered private placement for $715,000 and issued 8,937,500 Units priced at $.08/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.12 in the first year and $0.15 in the second year. All shares issued are subject to a...
2017-11-15 4:19 PM EST
Portofino Announces Fully Subscribed $715,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce it has arranged a fully subscribed non-brokered private placement for $715,000 for 8,937,500 Units priced at $.08/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.12 in the first year and $0.15 in the second year. The Company has received TSX Venture Exchange conditional approval and...
2017-11-10 5:43 PM EST
Portofino Is Unaware of Any Material Change
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company"), announces that at the request of the Investment Industry Regulatory Organization of Canada, ("IIROC"), the Company confirms that its management is unaware of any material change in the operations of the company which would account for the recent increase in market activity.On October 17, 2017, the Company announced that it is finalizing details to an amended agreement pursuant to acquiring...
2017-11-03 11:49 AM EDT
Portofino Commences Trading on Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2017) - Portofino Resources Inc. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") Further to its news release disseminated earlier today, the Company would like to clarify that Portofino has obtained a listing on the Frankfurt stock exchange and the Company has commenced trading under the symbol ("POT"). About Portofino Resources Inc.Portofino is a Vancouver, Canada based Company focused on acquiring, exploring and developing mineral resource projects in the Americas. On Behalf of...
2017-10-17 10:35 AM EDT
Portofino Updates Lithium Projects Status in Catamarca, Argentina; Frankfurt Stock Exchange Listing
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that it intends to amend a Letter Agreement announced on March 29, 2017 to acquire an 85% interest in two lithium brine salar projects in Catamarca, Argentina. Further to discussions with the concession owner and its due diligence, the Company is finalizing details to an amended agreement and intends to advance to a definitive agreement with one of the...
2017-10-17 7:30 AM EDT
Portofino Amends Iron Horse, B.C. Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") reports that it has executed an amendment to its Iron Horse, B.C. Property Option Agreement, originally executed in February 2012. Rich River Exploration Ltd. (the claim owner) has agreed to extend certain cash and exploration expenditures and the Company has agreed to issue an additional 100,000 common shares.Portofino may earn a 100% interest in the Iron Horse-Bolivar Mineral Property ("the Property") subject...
2017-09-21 5:04 PM EDT
Portofino Executes Option Agreement Pursuant to the Del Condor and Pucara Lithium Brine Projects in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that it has executed an option agreement with a private Argentine concession owner to acquire a 100% interest in the Del Condor and Pucara lithium brine salar projects in Catamarca, Argentina. The claims encompass a combined 1,804 hectare claim block and are located within the world-class, Salar del Hombre Muerto, where FMC Lithium is currently producing lithium carbonate...
2017-09-07 1:36 PM EDT
Portofino Completes Due Diligence Site Visit on Lithium Brine Project in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2017) - Portofino Resources Inc. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that its geological team has completed an initial site visit to one of two lithium brine salar properties in Catamarca, Argentina subject to a letter agreement ("LOI") previously announced. The site visit objectives were to undertake a water and brine sampling program sufficient to confirm historical sampling methodology completed previously by consultants working on behalf of the local...
2017-08-10 10:25 AM EDT
Portofino Closes Second Tranche Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2017) - Portofino Resources Inc. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that it has closed a second and final tranche of its previously announced (March 29) non-brokered private placement for proceeds of $123,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $.08. The Company has issued 2,460,000 shares which will be subject to a hold period...
2017-05-26 12:23 PM EDT
Portofino Closes $461,000 First Tranche Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that it has closed a first tranche of its previously announced (March 29) non-brokered private placement for gross proceeds of $461,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $.08. The Company has issued 9,220,000 shares which will be subject to a hold period expiring...
2017-04-18 5:55 PM EDT
Portofino Executes LOI Pursuant to Two Lithium Brine Projects in Catamarca, Argentina; Announces Private Placement; Centurion Minerals Ltd. to Acquire Interest, Act as Operator
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2017) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that it has executed a letter of intent agreement with a private Argentine concession owner to acquire up to an 85% interest in two lithium brine salar projects in Catamarca, Argentina. Each project is approximately 3,000 hectares in size. Catamarca, located within the "Lithium Triangle" produces more lithium than any other province in Argentina. Project 1 is located...
2017-03-29 4:49 PM EDT