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Portofino Resources Plans Geophysical Survey on Its Yergo Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to
About this update from Latam Lithium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 19, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) (\"Portofino\" or the \"Company\") is pleased to announce a geophysical team has been engaged to complete a geophysical survey at the Company's Yergo lithium Project (the \"Project\" or the \"Property\"), located in Catamarca Province, Argentina. The geophysical survey work is intended to follow up on encouraging Lithium (and Potassium) results achieved during a previous near-surface brine sampling program (News Release - May 27, 2019). The geophysical program will help to define the extent of brines in the sub-surface of the Property, which will in turn be used to define targets for planned 2021 exploration drilling. The geophysical team is expected to mobilize to site in early February. Portofino's 2019 exploration program consisted of surface and near-surface brine sampling and geological mapping. Hand augers were utilized to obtain the brine samples from surface to a maximum depth of 1.3 metres (\"m\"). A total of 22 locations across the property were sampled within the project concessions with samples returning values of up to 373 mg/L lithium (Li), and 8,001 mg/L potassium (K). Due to the unusually high levels of water in the salar at the time, most of the sample sites are located in the southeast portion of the salar. These (southeast corner) sample sites averaged 278.1 mg/L Li; 6,091 mg/L K and 86.2 mg/L magnesium (Mg). One sample taken from the northwestern portion of the salar returned a value of 351 mg/L Li, indicating a potential area (with elevated near-surface Li brines) of up to 3 kilometres (\"km\") in length and up to 2 km in width extending across the salar. Additional sampling will be required to better test the central portions of the area and the Company intends to complete additional sampling to allow for less-diluted brine samples. Portofino has the right to earn a 100% interest in the 2,932 hectares Yergo Project which encompasses the entire Aparejos Salar, located in the southern part of the world renowned \"Lithium Triangle\" and within 15 km of Neo Lithium Corp's (TSXV: NLC) advanced 3Q Project. Due to the proximity of the 3Q Project salar, the Yergo salar is likely to have experienced similar geological histories and similar enrichment in Lithium (and Potassium) because of the com...