Portofino Receives Sampling Permits; Expands Exploration Programs to Three Argentina Lithium Brine Projects
(firmenpresse) - Portofino Receives Sampling Permits; Expands Exploration Programs to Three Argentina Lithium Brine Projects
Vancouver, B.C., May 23 2018. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) (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 Corps 3Q project to the south-west and the Antofalla salar currently being advanced by lithium producer, Albermarle Corporation, to the northeast. Historical exploration sampling of surface waters and brines commissioned by the Project II concession owner in 2012, reported results that averaged *274 mg/l of lithium and 7,521 mg/l of potassium. The current proposed exploration program is intended to expand on the historical sampling work.
As announced on April 30, 2018, initial field exploration programs on Portofinos Hombre del Muerto and Rio Grande Sur lithium brine salar properties, also located in Catamarca, are underway and nearing completion. Each program consists of surface sampling, shallow drilling, trenching and geological mapping. The Company anticipates initial sample assay results to be available in June.
*The Company and its Qualified Professionals have not verified the historical sample collection methodology or analytical results, but believe the results are relevant.
Qualified Person
The technical content of this news release has been reviewed and approved by Andrew J. Turner, B.Sc., P.Geol. of APEX Geoscience Ltd., who is the Companys Geological Consultant and is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Portofino Resources Inc.
Portofino is a Vancouver-based Canadian company focused on acquiring, exploring and developing mineral resource projects in the Americas. The Company holds an interest in over 17,000 hectares of prospective lithium salar properties in Catamarca, Argentina.
On Behalf of the Board,
David G. Tafel
Chief Executive Officer
For Further Information Contact:
David Tafel
CEO, Director
604-683-1991
Suite 520 - 470 Granville Street
Vancouver, BC, CANADA V6C 1V5
Telephone: 604-683-1991
Fax: 604-683-8544
www.portofinoresources.com
info(at)portofinoresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
-This news release may contain forward looking statements concerning future operations of Portofino Resources Inc. (the Company). All forward- looking statements concerning the Companys future plans and operations, including managements assessment of the Companys project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Companys control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
Leseranfragen:
" alt="Aben Resources to Begin Forrest Kerr Drill Program in BC’s Golden Triangle Region">
" alt="Triton to Fastrack Studies of Globally Significant Nicanda Hill Vanadium Resource – 1.44 Billion Tonnes at 0.29% V2o51">
Datum: 23.05.2018 - 09:08 Uhr
Sprache: Deutsch
News-ID 575940
Anzahl Zeichen: 3491
contact information:
Town:
Wien
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 209 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Portofino Receives Sampling Permits; Expands Exploration Programs to Three Argentina Lithium Brine Projects
"
steht unter der journalistisch-redaktionellen Verantwortung von
Portofino Resources Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
