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Lithium | Argentina January 2021 TSX-V : POR LITHIUM | ARGENTINA JANUARY 2021 Cauchari Argosy Minerals Salar del Rincon Salar de Pocitos Yergo Property- Millennial Lithium Catamarca, Argentina Pastos Grandes Salar Salar de Arizaro SALTA The Yergo property is located within CHILE POSCO/ the world-renowned, South American Galaxy Rio Grande Salar Lithium South Sal de Vida “Lithium Triangle”. Next View (HK) Salar de Diablillos Galan Lithium • Portofino has the right to acquire a Salar del Hombre Muerto 100% interest in the Yergo Livent Corp property in Catamarca, Argentina. Albemarle Lithium Energi Fenix Antofalla Salar Laguna Caro • The Yergo claim encompasses a 2,932 hectare claim block and is CATAMARCA located approx. 15 kilometers south-east of Neo Lithium Corp’s Argentina Lithium Salar Escondido (TSXV-NLC) 3Q project. Salar de Incahuasi Lake Resources Kachi Project • Sampling by Portofino returned Bearing Resources values of up to 373 mg/L lithium Maricunga Wealth Minerals ARGENTINA (Li), and up to 8,001 mg/L Laguna Verde Potassium and included low LEGEND: Magnesium: Lithium ratios. PORTOFINO PROJECTS NeoLithium OTHER PROJECTS 3Q Project SALAR Portofino Yergo Yergo: Catamarca Province, Argentina NeoLithium – 3Q Project PORTOFINO RESOURCES YERGO CLAIM 2017-08-24 TSX-V : POR 3 Yergo Exploration Summary • In 2019, Portofino carried out an initial exploration program consisting 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 meters. 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 up to 8,001 mg/L potassium (K). • Due to the unusually high levels of water in the salar, most (16) of the sample sites are located in the southeast portion of the salar. The 16 “southeast corner” sample sites averaged 278.1 mg/L Li, 6,091 mg/L K and 86.2 mg/L Mg with analyses indicating very low Mg:Li ratios (0.4 avg). • One sample taken from the northwestern portion of the salar returned a value of 351 mg/L Li, which indicates a potential area with elevated near-surface Li brines of up to 3 km in length (by approximately 1-2km in width) extending across the salar. Additional sampling will be required to better test the central portions of the area. The Company intends to complete additional sampling to allow for less-diluted brine samples as well as a geophysical survey covering the whole salar. • Due to the proximity of the salars comprising Neo Lithium’s 3Q Project and Portofino’s Yergo Project, it is likely that they have experienced similar geological histories and are similarly enriched in Lithium (and Potassium) as a result of their common evaporitic climate and local geology (i.e. located within the same volcanic package likely with exposure to the same potential Lithium source rocks). LEADERSHIP TEAM PORTOFINO CANADA: RESOURCES INC. David Tafel, Brian Crawford, CPA, CMA Director, President & CEO Director Canada, Vancouver Canada, Toronto Mr. Tafel holds a B.A. in Economics from the University Mr. Crawford holds a B. Com. from the University of Toronto of Western Ontario and contributes over 30 years of and has extensive experience as a senior financial executive corporate structuring, strategic planning, financing and with public and private companies and as a partner in a management experience to the Company. He has been national firm of chartered professional accountants. Brian an officer and director of a number of private and currently serves as a Director, Corporate Secretary, and/or publicly listed resource companies. He has been Chief Financial Officer of several TSX-V and CSE listed instrumental in raising well over $100 million for companies including Colibri Resource Corporation, resource, life sciences and technology companies. Mr. Searchlight Resources Inc., CBLT Inc., and Tempus Capital Inc. Tafel previously managed private investment funds at the largest independent Canadian securities firm. Jeremy Wright, CPA, CMA Stephen Wilkinson, CFO Director Canada, Vancouver Canada, Vancouver Mr. Wright brings over 20 years’ experience to the Mr. Wilkinson was the Vancouver-based mining analyst for Company as President and CEO of Seatrend Strategy RBC Dominion Securities Inc. in the mid to late 1990's. From Group. Mr. Wright currently serves as the CFO for: 1999 to 2002, he was President, CEO and a director of Portofino Resources, Pontus Protein, and Alpha Cognition, Northern Orion Explorations Ltd. He has founded and funded and previously served as CFO for GTEC Holdings a number of private and public exploration companies, and a Canadian cannabis consolidation. He is a CPA (CMA), has until recently was the CEO and founder of Blue Star Gold extensive negotiation training, and also holds a Bachelor of Corp. Mr. Wilkinson has a Bachelor of Science from the Arts, with honours in Environmental Economics from Brock University of Western Ontario (Geology, 1976), a Master of University. Science from Carleton University in Ottawa (Geology, 1983) and an MBA degree from Clarkson University in New York (1995). LEADERSHIP TEAM PORTOFINO ARGENTINA: RESOURCES INC. Sebastián Cattáneo Isidoro Abel Schalamuk, P.Geo Country Manager Geological and Technical Advisor Mr. Cattáneo is responsible for tactical delivery of the Dr. Isidoro Abel Schalamuk specializes in prospecting and Argentine operations, including community relations, mining exploration of metalliferous and industrial mineral vendor management, and local administration. deposits and mineralogical studies. He graduated as a Sebastian has over 15 years of experience in the oil & geologist from the University of La Plata, Buenos Aires (1967) gas and mining industries along with a degree in and completed his PhD in Geological Sciences in the environmental engineering from the University of University of Salamanca, Spain (1972). In addition to his Buenos Aires. Having lived in Vancouver for over ten strong academic background, he has acted as a director and years Sebastian relocated back to Argentina in 2010 to project consultant for numerous national and international be the Country Manager for junior mining company mining companies as well as a technical expert for multiple specializing in fertilizers where he managed the start up international organizations and technical missions to several of the company. As an Argentine/Canadian Mr. Latin American countries. Cattáneo has a unique understanding of both Argentine and Canadian business practices allowing Dr. Schalamuk is currently acting as Superior Researcher of him to bridge professional and cultural gaps effectively. the National Council of Scientific and Technological Research of Argentina (CONICET), and since 2008 as Professor Emeritus of the National University of La Plata. He has served as Advisor and Director of mineral projects for national and international companies such as: Bolland Minera S.A, Minera Guarany, Vale Rio Doce, Barrick Gold, IRSA, TECHINT, Placer Dome, Cristamine S.A., Minera san Jorge, Fomicruz S.E., Portofino Resources., LIGPAT S.A, Minera San José, among others. Portofino Resources Inc. www.portofinoresources.com TSX-V : POR David Tafel Jeremy Wright CEO, Director CFO 604 484 2161 604-837-7990 [email protected] [email protected].
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