Greenheart Lake (GL) and McNamara Lake (ML) - Canada

In December, 2021 Portofino executed an agreement to acquire the Greenheart Lake Lithium Property (“GL”) and the McNamara Lake Lithium Property (“ML”). The GL Property comprises 3 claims (60 cells) totaling approximately 1,200 hectares. The ML Property comprises 3 claims (56 cells) totaling approximately 1,120 hectares. Both properties are strategically located in the Balmoral and McNamara Lake areas of northwestern Ontario within 15km of the town of Ignace and are accessible by well-established logging roads just off the Trans Canada highway.

Each property occurs proximal to a triple boundary junction of three Archean-age terranes: the Wabigoon, East Wabigoon and Winnipeg River. Terrane boundaries are recognized as important geological settings for lithium (“Li”) and rare metal pegmatites.

The GL Property lies 10km southeast of International Lithium’s Raleigh Lake lithium project and 15km northwest of Grid Metals Campus Creek lithium project.

The ML Property is contiguous with the southern claim boundary of Grid’s Campus Creek property.

The Company has the right to earn a 100% interest in each of the GL and ML claim groups.

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View Greenheart Lake (GL) and McNamara Lake (ML) properties claim locations