Portal Resources Ltd.
TSX VENTURE : PDO
FRANKFURT : A0CAY2

Portal Resources Ltd.

February 01, 2007 09:51 ET

Portal Enters Investor Relations Agreement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 1, 2007) - Portal Resources Ltd. (TSX VENTURE:PDO)(FWB:WKN A0CAY2) is pleased to announce that it has entered into an Investor Relations agreement with Value Relations GmbH. Value Relations is a full service Frankfurt-based Investor Relations firm and shall act as a strategic Investor Relations consultant in Germany, Austria and Switzerland. In that capacity Value Relations will assist Portal in structuring, scheduling, coordinating and organizing the localization of the website, press release information, online media monitoring and other European Investor Relations work.

This Investor Relations agreement takes effect on February 1, 2007 with a retainer fee of EUR 1,500 (Euros) per month for a 6 month campaign. Portal Resources' listing on the Frankfurt Exchange (Symbol: WKN A0CAY2) on November 14, 2005 greatly increases Portal's profile and facilitates trading Portal shares for the Company's European shareholders. The Frankfurt Stock Exchange is the largest of the eight German stock exchanges, ranking third in the world behind the NYSE and the NASDAQ.

Portal Resources Ltd. was founded in 2004 and is a precious and base metal exploration company focused on gold/silver and copper/gold assets in Argentina. The Company currently controls approximately 800 square miles of mineral rights in two primary project areas. A description of these projects, including maps and photographs, can be viewed on the Company's website at: www.portalresources.net

ON BEHALF OF PORTAL RESOURCES LTD.

David Hottman, Chairman

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.

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

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