Portofino Completes Sampling Programs: Hombre Muerto, RIO Grande Salars-Argentina Lithium Projects
Suite 520 – 470 Granville Street
Vancouver, BC, CANADA V6C 1V5
Telephone: 604-683-1991
Fax: 604-683-8544
www.portofinoresources.com
PORTOFINO
RESOURCES INC.
NEWS RELEASE
PORTOFINO COMPLETES SAMPLING PROGRAMS:
HOMBRE MUERTO, RIO GRANDE SALARS-ARGENTINA LITHIUM PROJECTS
Vancouver, B.C., June 13, 2018. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) (“Portofino” or
the “Company”) announces that it’s geological team has completed a comprehensive initial exploration
program on its Hombre Muerto and Rio Grande Sur, lithium brine projects in Catamarca, Argentina. The
programs included geological mapping and near surface auger trench sampling . 18 sample sites were
tested at the Hombre Muerto project area and 13 at the Rio Grande Sur project area. All samples have
been submitted to the Alex Stewart Analytical L aboratory in Argentina for analysis and results are
anticipated shortly.
David Tafel, CEO- Portofino, stated; “In addition to the Hombre Muerto and Rio Grande projects, Portofino
has an interest in other prospective lithium salar projects in Argentina. The objective of this current
sampling program is to prioritize projects and specific project areas in order to focus efforts on the next
exploration phases.”
Hombre Muerto, 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. Limited near surface brine sampling completed
by the Company using hand-augers returned values up to 340 mg/l lithium. (News release- Sept. 07-17)
Rio Grande Sur, Catamarca
Portofino has the right to acquire a 100% interest in a property comprising 8,500 ha of mineral concessions
in the Rio Grande lithium brine salar adjacent to (south of) properties held by LSC Lithium Corp. LSC
Lithium has reported an initial Mineral Resource estimate* which included a total of 2,190,000 tonnes of
lithium carbonate (Li2C O3) equivalent in the Inferred Mineral Resource category where the upper 50
meters (“m”) of the deposit hosts 1,375,435 tonnes grading 338mg/l lithium and the lower 50m to 100m
amounts to 814,582 tonnes grading at 410mg/l lithium. Limited near surface brine sampling completed in
2017 by the Company using hand-augers returned values up to 139 mg/l lithium.
(*LSC Lithium Corp. “Technical Report on the Salar de Rio Grande Project, Salta Province, Argentina” dated March 28, 2018 and
authored by Hains Engineering Company Limited)
Qualified Person
The technical content of this news release 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.
About Portofino Resources Inc.
Portofino is a Vancouver-based Canadian c ompany focused on acquiring, exploring and develop ing
mineral resource projects in the Americas. The Company holds an interest in over 17,000 ha of prospective
lithium salar properties in Catamarca, Argentina.
On Behalf of the Board,
“David G. Tafel”
Chief Executive Officer
For Further Information Contact:
David Tafel
CEO, Director
604-683-1991
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward looking statements concerning future operations of Portofino Resources Inc. (the “Company”). All forward-
looking statements concerning the Company’s future plans and operations, including management’s assessment of th e Company’s project
expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that
any such statements are not guarantees of future performance and that actual performance a nd exploration and financial results may differ
materially from any estimates or projections.