Portal Options Three Properties in Nevada

VANCOUVER, BC - Portal Resources Ltd. reported that it has entered into an option agreement under which it has the right to acquire, from Claremont Nevada Mines, Scoonover Exploration and JR Exploration, three properties located in the Walker Lane Belt and Battle Mountain / Eureka Trend in Nevada.
The Golden Snow property is an advanced Carlin-type gold target comprised of 114 unpatented lode mining claims or 3.5 square miles on the Battle Mountain / Eureka Trend. The property is contiguous to the southern end of Staccato Gold's South Eureka property. Additionally, eight miles north of the property lies the East Archimedes Gold Mine where Barrick Gold Corporation is currently mining a Carlin-type sediment hosted gold deposit.
Substantial exploration has been conducted on the property including geologic mapping, 932 soil samples and detailed ground-based gravity geophysical surveys. Based on this work, several distinct target zones have been outlined and it is interpreted that the Ratto Ridge Fault zone, which controls the mineralization on the South Eureka property, continues south onto the Golden Snow property. These target areas are well located and permitting with the U.S. Bureau of Land Management (BLM) for a Phase I drilling program is set to begin.
The Fish Project is situated within the Walker Lane Mineral Belt, Lone Mountain District, Esmeralda County, Nevada about 12 miles west of the historic mining town of Tonopah, Nevada. The project consists of 58 unpatented lode mining claims or 1.9 square miles. This drill ready project is a skarn-manto gold-silver and base metal prospect where rock chip samples returned values ranging from less than 0.002 opt to 0.307 oz/ton gold, less than 0.01 opt to 32 oz/ton silver, 0.01% to 32.8% zinc and less than 0.01% to 16.4% lead. Permitting with the BLM for a Phase I drilling program is well advanced.
The CPG Project, also within the Walker Lane Mineral Belt, is in Mineral County, Nevada and consists of 44 unpatented lode mining claims or 1.3 square miles. The property is 10 miles south of Kennecott's now closed Denton-Rawhide Mine which produced 1.4 million ounces of gold and 10 million ounces of silver between 1990 and 2004. The property hosts an early stage porphyry and skarn type copper-gold-molybdenum prospect where samples returned values ranging from less than 0.001 opt to 0.036 oz/ton gold, less than 0.003 opt to 0.75 oz/ton silver, less than 0.005% to 13.65% copper and less than 0.005 % to 0.012% molybdenum.
The Walker Lane Mineral Belt, western Nevada, is highly mineralized, containing several world-class epithermal precious metals deposits, e.g. the Comstock Lode (estimated production of 8.6 million ounces of gold and 192 million ounces of silver), and Round Mountain (over 10 million ounces of gold produced since 1906), as well as porphyry copper deposits, e.g. Yerington (1.75 billion pounds of copper produced from 1953-1978 by the Anaconda Copper Company).
The company's address is 750 - 625 Howe Street, Vancouver, BC V6C 2T6, 604.629.1929, fax: 604.629.1930, email: [email protected], www.portalresources.net.