08-04

Monday, April 07, 2008

Encouraging Results At Cerro Solo Uranium Project

Portal Resources Ltd. (TSX Venture Exchange -- Symbol: PDO) is pleased to announce encouraging results from the initial uranium exploration the Company has carried out on three exploration concessions within the San Jorge Basin in Chubut province Argentina. Portal has the right to earn a 60% interest in the concessions under terms of an option agreement with Consolidated Pacific Bay Minerals Ltd.

Mapping and interpretation of satellite imagery defined areas within the concessions that are believed to be underlain by the Los Adobes Formation which, approximately 30 kilometers to the east, hosts the Cerro Solo deposit owned by Compania Nacional de Energia Atomica (CNEA). Cerro Solo is the largest uranium deposit in the San Jorge Basin with an historical resource* of 10 million pounds of U3O8 at a grade of 0.30% and 3.3 million pounds of molybdenum at a grade of 0.20% molybdenum.

Alpha Track surveys were completed in areas of alluvial cover to define zones with anomalous radioactivity reflecting uranium mineralization in the sedimentary sequence at depth. Six of sixty Alpha Track samples collected on 200 meter intervals on 2 lines 4 kilometers apart produced anomalous track etch results. Based on these encouraging results, additional sample lines are being completed with results to be released as they become available.

Additionally, Portal has renegotiated terms of the Cerro Solo option agreement with Consolidated Pacific Bay Minerals Ltd. under which Portal is earning its interest in the project. As significant delays have been encountered in obtaining final approval and registration of the three exploration concessions comprising the project, terms of the agreement have been amended so that both timing of payments (with the exception of the initial payment which was made on signing) as well as work commitments are now tied to the date on which final approval and registration of the concessions are received from the Chubut government.

All work on the Cerro Solo joint venture is carried out by competent geological staff in Argentina under the overall guidance of Portal's VP Exploration, Mr. Alex Boronowski, P.Geo. British Columbia, the designated Qualified Person in accordance with National Instrument 43-101. Mr. Alex Boronowski has reviewed this news release.

* The above resource estimates are historical and do not conform to the standards of National Instrument 43-101. They may vary materially from estimates made in accordance with the classification made pursuant to NI 43-101 and should not be relied upon. The company's qualified person (QP) has not done sufficient work to classify the historical estimate as a current mineral resource and is not treating the historical estimates as current mineral resources as defined in NI 43-101. However, the company's QP believes the historic estimate is relevant and offers a fair description of the project's known mineralization.

ON BEHALF OF PORTAL RESOURCES LTD.

"Bruce Winfield"

President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein.

TSX Venture Symbol: PDO
For further information contact:
Dan Gibbons or Bruce Winfield
Telephone: 604-629-1929
Facsimile: 604-629-1930
E-Mail: info@portalresources.net
Web: www.portalresources.net

Portal Resources Ltd

	EXPLORATEUR
	CODE : PDO.V

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Portal Res. est une société d’exploration minière d'argent et d'or basée au Canada.

Portal Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont BIGWAVE et MANITO au Canada.

Portal Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,7 millions CA$ (1,7 millions US$, 1,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 1,53 CA$, et son plus bas niveau récent le 23 mars 2012 à 0,03 CA$.

Portal Res. possède 48 746 000 actions en circulation.

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