Portofino Resources Inc. announced it has received encouraging Soil Gas Hydrocarbons ("SGH") gold-in-soil results from a focused geochemical survey conducted in January 2021 at its South of Otter property. These results complement the anomalous SGH Silver-Copper-volcanogenic massive sulfides ("Ag-Cu-VMS")-in-soil results previously announced on January 5th, 2021. The South of Otter property is situated in the Red Lake Gold Camp of northwestern Ontario. It is only 8 kilometres ("km") east of Great Bear Resources Dixie Project and contiguous to Dixie Gold's Red Lake Gold Project. Both Great Bear and Dixie Gold recently announced multiple SGH gold-in-soil anomalies and have utilized the SGH analysis method to successfully vector toward gold exploration targets. During Phase 2 of the SGH program, Portofino's team completed 81 additional soil samples over the Yellow Jacket zone and 121 additional soil samples over the Cliff Zone gold targets that were previously trenched in 2020. These trench locations resulted in new gold mineralization discoveries on the South of Otter property. Channel and chip sample results from the trenches returned 1.09 grams/ton ("g/t") gold over 0.58 metres ("m") and 0.220 g/t gold over 0.35m respectively. The Phase 2 program has expanded initial coverage to an area totaling approximately 776,000 square metres. The SGH sampling was particularly successful in expanding the strength and size of the SGH gold- in-soil anomalies proximal to both trenching locations. The Yellow Jacket anomaly has expanded to almost 375m in a north-south direction. The Cliffs Zone gold-in-soil anomaly has expanded to over 500m in length east-west and has increased intensity from a rating of 4.0 to 4.5. The samples were taken from 100m spaced grid lines with sample stations every 25m along the lines.