Portofino has the right to acquire a 100% interest in the Hombre Meurto West lithium brine project located in Catamarca, Argentina. The Hombre Meurto West project is comprised of two claim blocks totaling 1,804-hectares. It is located within the world-class, Salar del Hombre Muerto, where FMC Lithium is currently producing lithium carbonate and Galaxy Resources is developing its Sal de Vida project. The Company recently completed a surface sampling program that tested 18 sites within the claim blocks and returned Portofino’s highest-grade brine assay to date of 1,031mg/L Lithium. (News Release dated July 10-18)
DEL CONDOR & PUCARA SURFACE SAMPLING SITE VISIT, MAY 2017: SALAR DEL HOMBRE MUERTO, CATAMARCA, ARGENTINA
PROJECT II, CATAMARCA PROVINCE, ARGENTINA View Photo Gallery Portofino can acquire up to an 85% interest in Project II, a lithium brine property, which is located approximately 10 km from the Chile border, 27 km east of Wealth Minerals’ Laguna Verde project and 65 km northeast of Neo Lithium Corp’s 3Q project, encompassing a 3,950 ha claim block.
Historical exploration work commissioned in 2012 by the vendor included geological mapping, sampling of surface waters, auger sampling of brines, and compilation of the distribution of Lithium and Potassium grades within the basin. Surface water and auger brine samples were analyzed and results averaged 274 mg/l of Lithium.
*The Company and its Qualified Professionals have not verified the historical sample collection methodology or analytical results, but believe the results are relevant. Future work by Portofino, including a surface water and auger brine sampling program is required to verify the historical results.
PROJECT II HISTORICAL SURFACE SAMPLING CONFIRMATION, MAY 2017: CATAMARCA, ARGENTINA
YERGO, CATAMARCA PROVINCE, ARGENTINA
View Photo Gallery Portofino has the right to acquire up to 100% interest in the Yergo property. The 2,932 Hectares Yergo Project encompasses the entire Aparejos salar and is located in the southern part of the renowned "Lithium Triangle" within 15km of Neo Lithium Corp's advanced 3Q project.
*Technical content has been reviewed and approved by Andrew J. Turner, B.Sc., P.Geol. of APEX Geoscience Ltd., who is the Company's Geological Consultant and is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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