Portofino Expands Pre-Drilling Exploration; Receives Confirmation of Yergo Ownership; Corporate Updates

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Algemeen advies 02/11/2023 06:07
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that further to its News Release September 26, 2023, it has received confirmation from the Catamarca Province Ministry of Mining that as at October 31, 100% of the Yergo lithium concessions have been registered in Portofino's name.

Portofino's geological team is immediately proceeding to file its technical response to a previously received information request from the Ministry as part of an amended drill permit application.

In addition, Portofino's team has identified opportunities to expand upon previously identified geological surface and subsurface targets. A pre-drilling program has been designed to extend both the previous surface sampling and geophysical surveying programs. Geophysical surveying equipment capable of identifying potential lithium-bearing aquifers to depths of 500-600 meters will be utilized, where the previous survey program utilized technology capable of testing only to levels of approximately 100 meters. Both pre-drilling exploration programs are intended to commence in November. read more on
https://www.newsfilecorp.com/release/185879/Portofino-Expands-PreDrilling-Exploration-Receives-Confirmation-of-Yergo-Ownership-Corporate-Updates



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