Portex is a Toronto-based mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions. Portex currently has a 100% ownership interest in the Toral (NI 43-101 resource estimate) and Lago concessions in North West Spain; an 85% interest in the Lagoa Salgada concession (NI 43-101 resource estimate) in the North West end of the Iberian Pyrite Belt in Portugal; and 24 base and precious metal exploration licenses in Ireland and Northern Ireland.

Properties: Lagoa Salgada ~ Toral

Portex Properties: Lagoa Salgada

In May 2010, Portex Minerals Inc. acquired, from Redcorp Ventures Ltd., its Portuguese subsidiary Redcorp Empreendimentos Mineiros Unipessoal, Lda, (“REM"), and 100% ownership of two properties in Portugal. Portex decided to concentrate its resources on advancing the zinc deposit at the 156 km2 Lagoa Salgada Concession.

Portex Properties: Toral

The Toral Project covers a license area of 2,400 ha located in the province of Leon in North West Spain, approximately 400 km northwest of Madrid.