Portage Resources Inc. Through its Subsidiary Portage Minerals S.A. Opens New Corporate Offices in the Most Prestigious Business District of Lima, Peru

LIMA, Peru, Oct. 3, 2011 /PRNewswire/ -- Portage Resources Inc. ("Portage" or the "Company") (POTG-OTCQB) through its subsidiary Portage Minerals S.A. has opened new corporate offices in the most prestigious business district of Lima, Peru.

The new corporate offices are now located at;

Avenue Benavides 301, unit #201 Miaflores

Lima, Peru

The highly regarded Miaflores area of Lima is well known to be the hub of the local and international business community. The area is a host to numerous hotels including the Hyatt Regency and the Larcomart shopping and dining entertainment center. Larcomart is built into the mountain and includes spectacular views of the Pacific Ocean, surfing, hang gliding and more. The Portage offices are within minutes of Larcomart, and are directly located across from the fabulous Crown Plaza Hotel.

The Portage team felt that it was necessary to be in the thick of the business action and have offices have with easy access to all amenities for our international visitors. The area is multi cultural, you can hear Spanish, English, German, Chinese and a host of other languages spoken commonly in the area.

Portage Resources President and CEO expressed his excitement by adding," The corporate offices were in prime need due to the responsible yet accelerated growth of the company.  We were fortunate to find an economical space in the prestigious business district of Miaflores, I am proud to call this our new home in Peru."

About Portage Resources Inc.

Portage Resources Inc. is focused on the exploration and production of precious and base metals in Peru. Portage Resources Inc. plans to recognize, and acquire near-term production mining properties, the Portage Resources Inc. seasoned and experienced Peruvian management team will research, review and prove any reserves for the purpose of production.

Symbol: OTCQB - POTG

www.portageresourcesinc.com

FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

Contact: Financial Insights
Toll Free: 1-888-824-6757
[email protected]

SOURCE Portage Resources Inc.