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)