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Portofino Reports High Grade Lithium Results: Hombre Muerto Salar-Argentina
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - PORTOFINO RESOURCES INC. (TSXV...
About this update from Latam Lithium Corp
[{"type":"text","content":"Portofino Reports High Grade Lithium Results: Hombre Muerto Salar-ArgentinaVancouver, 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 and 3,848.2 mg/L K. The average magnesium ratio relative to lithium is 1.99. The exploration program included geological mapping and near-surface auger and pit sampling of saline brines to depths of 1 to 1.5 meters. ANALYTICAL RESULTS FOR HOMBRE MUERTO WEST LITHIUM BRINE PROJECTSAMPLE NO.LITHIUM (mg/L)POTASSIUM (mg/L)MAGNESIUM (mg/L)SHM-185694021583SHM-23205524593SHM-32543795478SHM-483280141675SHM-575066412015SHM-668559291292SHM-773866261223SHM-8103195111716*SHM-9 (1)2633691483SHM-103156974SHM-1116268148SHM-122141836432SHM-134624056806*SHM-14 (2)102196491765SHM-1563633134SHM-1677634140SHM-1710134101SHM-181411522437SHM-192742492541SHM-201631681395  Samples were analyzed by Alex Stewart Analytical Laboratory in Argentina.*(1) Duplicate of SHM-3; *(2) Duplicate of SHM-8The Hombre Muerto West sample locations can be viewed at the following URL: https://www.portofinoresources.com/projects/catamarca-argentina-lithium-1/.\"We are very encouraged with the multiple high-grade lithium results and the relatively low magnesium-lithium ratios from this sampling program. The outstanding success of this initial work program gives credence to our next phases of exploration activity which are anticipated to include geophysical surveying and drilling\" stated David Tafel, Portofino's CEO. The Company further reports that additional exploration results are anticipated shortly for similar programs conducted on its Rio Grande and Project II properties. Hombre Muerto West, Catamarca Portofino has the right to acquire a 100% interest in 2 mineral concessions that comprise 1,804 hectares (\"ha\") located at the Hombre Muerto salar, where FMC Lithium is currently producing lithium carbonate and Galaxy Resources is developing its Sal de Vida project. Qualif...