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(0) Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has executed an agreement to acquire the Allison Lake North Lithium and Rare Elements Property. The Property comprises 4 claims (80 cells) totaling 1,618 hectares (ha) and is located 100 kilometers ("km") east of the town of Red Lake in northwestern Ontario. The Property is accessible by well-established logging roads and a hydro-electric power line transects the claim group. " The Allison Lake North Prope...

Portofino Resources Expands Lithium Focus; Acquires Allison Lake North Property, East of Red Lake, Ontario Portofino Resources INC. is pleased to announce it has executed an agreement to acquire the Allison Lake North Lithium and Rare Elements Property. The Property comprises 4 claims totaling 1,618 hectares and is located 100 kilometers east of the town of Red Lake in northwestern Ontario. The Property is accessible by well-established logging roads and a hydro-electric power line transects the claim group.”The Allison …  Portofino Resources INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) (...

Article content Following the striking of a recent business deal, lithium mined near Separation Rapids near Kenora is set to make its way to a brand-new production facility in Thunder Bay. Announced on March 31, the deal will see lithium mined by Avalon Advanced Minerals Inc., located about 70 kilometres north of Kenora – sent to Fort William First Nation land in Thunder Bay for refinement. While a production facility does not currently exist, construction of a plant built on the city’s waterfront is expected to begin by the end of the year. Also involved in the project is Rock Tech Lithi...

What are the top Canadian rare earths stocks? These companies on the TSX and TSXV have performed the best so far this year. Although they usually get less attention than gold, copper and lithium, rare earth elements (REE) are important metals for the global economy, especially in the 21st century. The high-strength REE magnets found in much of today’s essential technology, including smartphones, wind turbines and electric vehicles, account for 29 percent of rare earths consumption. Analysts expect that demand for magnet rare earths ­— neodymium, praseodymium, dysprosium and terbium — ...

Fort William First Nation, Avalon Advanced Materials to collaborate on lithium refinery Fort William First Nation south of Thunder Bay, Ont., could soon be home to a new lithium refinery after the community signed a letter of intent with Avalon Advanced Materials. Social Sharing CBC News · Posted: Apr 01, 2021 8:00 AM ET | Last Updated: April 1 Fort William First Nation has signed a letter of intent with Avalon Advanced Materials for the development of a lithium refinery. (CBC) Fort William First Nation south of Thunder Bay, Ont., could soon be home to a new lithium refinery. The Ojibway c...