 
La Pampa Uranium Project, Argentina
Cerro Solo Basin Claims - Paleo-Channel Trends
Portal recently signed an agreement to earn a 60% interest in the Cerro Solo Basin Project of Consolidated Pacific Bay Minerals Ltd. The project located within the San Jorge Gulf basin in central Chubut province in southern Argentina consists of three adjoining concessions totaling 30,000 hectares or 115 square miles.
Portal’s joint venture with Consolidated Pacific Bay Minerals further establishes Portal as a serious uranium explorer with over 400 square miles of prime exploration land in close proximity to, or surrounding, large uranium deposits.
"Portal is excited to have been able to assemble these large concession areas with the potential to host important new uranium discoveries" states Bruce Winfield, President of Portal Resources.
Initial prospecting within one of Portal's nine concessions has identified an area believed to be underlain by the Los Adobes and Cerro Barcino Formations. Mapping of this target area shows a thicker section of coarse sandstone and pebble conglomerate which is typical of the more favorable parts of the Los Adobes Formation to host uranium mineralization. Additionally prospecting with a spectrometer has identified anomalous or above background radiometric values in the same zone.
Portal is encouraged by the initial success of its prospecting program on this area. Next week a detailed ground radiometric survey will commence to determine the size of the area of interest and conduct detailed mapping to determine the thickness and stratigraphic position of the sandstone and pebble conglomerate within the sedimentary sequence.
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