Portofino Resources Inc. reports that it has completed and submitted an Environmental Impact Report ("EIR") with the Provincial Mining Ministry of Catamarca regarding its 100% controlled Yergo Lithium Project ("Project") in Argentina. The report follows a (Phase 1) drilling permit application also recently submitted to the Ministry. Drill testing of the Project will enable initial evaluation of the volume and the lithium content of the brines and sediments within the identified zones. Portofino's technical team has selected multiple drill target sites and the evaluation of quotes and logistics related to drill contractors in the region is underway. 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 Argentina's world-renowned "Lithium Triangle". The Project is situated 15 kilometers southeast of Neo Lithium Corp.'s advanced Third Quarter Project. A recently completed geophysical survey and surface geochemical sampling program was successfully completed at the Project. The survey identified two large, anomalous sub-basins within the Aparejos Salar. The survey and sampling results confirm the presence of lithium-rich brines and the potential volume of the brines within the Project.