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Plato Gold Corp. (NIOVF)

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  • H
    Harold
    Encouraging news re ability to recover massive Carbonite from the Niobium Project. Indicates flotation method and recovery can be achieved at a lower cost and maximum retrieval. Thus revenue production at a maximum.
    ") (“Plato” or the “Company”), an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to announce the completion of a Preliminary Mineralogical and Metallurgical Study (the “Study”) on a 39.8 kg sample of drill core from the Good Hope Niobium Project, 45 kilometres northwest of the town of Marathon, Ontario.

    The study, carried out by Process Mineralogical Consulting Ltd. (“PMC”), of Maple Ridge, B.C., was conducted to determine if the niobium-bearing carbonatites from the Good Hope Niobium Project were amenable to concentration by gravity and flotation methods. These are conventional methods used for Niobium recovery. The sample used for PMC’s study came from a representative sample as chosen by PMC from drill hole PGH-18-10A from Plato’s previous drill program (See Press Release dated September 19, 2018).

    The initial preliminary mineralogical and metallurgical study yielded encouraging results. Although a conclusion cannot be determined regarding the quality of the concentrate that it is possible to achieve due to the limited number of tests and small sample size, valuable information was obtained:

    Pyrochlore is the only Nb-bearing mineral identified in the sample.
    The pyrochlore is not predominantly ultrafine with ~ 4% of the pyrochlore grains being <20 µm.
    There does not appear to be any severe metallurgical concerns that would impede the recovery of the pyrochlore to a combined gravity and flotation concentrate.
    A typical flowsheet for niobium recovery may include both gravity and flotation: Gravity may be preferred for coarser grained pyrochlore with flotation often applied to finer grained material., Approximately 70% recovery was achieved in the preliminary gravity rougher circuit
    Apatite and zircon - were also concentrated in both gravity tests. However, if these diluting agents can be separated from the rougher gravity concentrate, they would be a potential additional source of revenue, as well as increasing Nb grade. This will be tested in future rounds of test work.
    Among the recommendations, PMC suggests Plato perform further flotation studies with the selection of a reagent schemes. This may indicate the viability of an all flotation plant and would give further data on pyrochlore concentrate grades and recovery

    “We are extremely pleased with these preliminary mineralogical and metallurgical findings,” said Anthony J. Cohen, President & CEO of Plato. “We had not realized the potential for zirconium on this property to be a valuable credit, along with the apatite, to the niobium-bearing pyrochlore. Furthermore, the metallurgy is conventional, and there is an absence of significant amounts of either uranium or thorium which are expensive to handle and/or dispose of,” added Cohen. “We are looking forward to our next drill program now that we have this valuable information, to further develop this well-located niobium project. I could not be more encouraged now to move this project forward,” said Cohen.

    Mr. John Fox, P.Eng of Laurion Consulting Inc is the independent “Qualified Person” as defined in NI 43-101, who has reviewed the PMC report and this press release and approved the technical content in this press release."
  • H
    Harold
    AS ALWAYS, THE PARTICIPATION OF MANAGEMENT IN PARTICIPATING IN THE PP OF PGC should give shareholders confidence in the future of the company
    "(“Plato” or the “Company”) announces the closing of the non-brokered private placement of 1,100,000 units (“Units”) at a price of CAN$0.05 per Unit for gross proceeds of $55,000, previously announced on November 3, 2020 (the “Offering”) and amended on November 24, 2020 and December 11, 2020.

    Each Unit will consist of one (1) common share in the capital stock of Plato (“Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of CAN$0.10 per Common Share until the date which is thirty-six (36) months following the closing date of the Offering, whereupon the Warrants will expire.

    The Corporation intends to use the net proceeds from the Offering to conduct drilling on the company's Holloway gold property, prepare the company's Lolita property in Santa Cruz, Argentina for an upcoming drill program, and general working capital purposes.

    The participation in the Offering by James Cohen, and Anthony Cohen are “related party transactions” as such terms are defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“), requiring the Corporation, in the absence of exemptions, to obtain a formal valuation for and minority shareholder approval of the “related party transactions”. The Corporation is relying on an exemption from the requirement to obtain formal valuation and minority shareholder approval as the fair market value of the participation in the Offering by the Insiders does not exceed 25% of the market capitalization of the Corporation, as determined in accordance with MI 61-101.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities."
  • H
    Harold
    Management announces change to PP to enhance its appeal. Will be most interesting to see Mr. Cohen's participation in this PP. He certainly has been the major contributor, historically,
    " (“Plato” or the “Company”) announces that the non-brokered private placement of up to 8,000,000 units (“Units”) at a price of CAN$0.05 per Unit previously announced on November 3, 2020 (the “Offering”) will no longer include an acceleration clause for the expiry date of the common share purchase warrants. In addition, the Company announces that it is extending the closing date to December 14, 2020.

    Each Unit will consist of one (1) common share in the capital stock of Plato (“Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of CAN$0.10 per Common Share until the date which is thirty-six (36) months following the closing date of the Offering, whereupon the Warrants will expire.

    The Corporation intends to use the net proceeds from the Offering to conduct drilling on the company's Holloway gold property, prepare the company's Lolita property in Santa Cruz, Argentina for an upcoming drill program, and general working capital purposes.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Plato Gold Corp.

    Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange with projects in Timmins Ontario, Marathon Ontario, and Santa Cruz, Argentina.

    The Timmins Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

    In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company which holds a number of contiguous mineral rights totaling 9,672 hectares with potential for gold and silver.

    The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon Ontario of which 19 claims are contiguous to the western boundary of Generation Mining’s Marathon PGM project where their Sally deposit is located, for palladium equivalent.

    The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario with the primary target being niobium.
  • H
    Harold
    As expected PGC announces PP to provide funds to further develop their properties. This summer's work will be critical for the success of the company. Fingers and all else crossed.
    (“Plato” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement of up to 3,000,000 common shares (a “Share” or “Shares”) at a price of CAN$0.05 per Share, for gross proceeds of approximately $150,000 (the “Offering”). Closing of the Offering is expected to occur on or about June 18, 2020.

    The securities issued pursuant to the Offering will be subject to a four month and one day statutory hold period.

    The Corporation intends to use the net proceeds from the Offering on exploration to advance the Good Hope Niobium Property, the Pic River PGM Project, and for general working capital purposes.

    “We are very excited about our well-located niobium and palladium projects in Marathon, Ontario,” said Anthony J. Cohen, CEO of Plato Gold Corp. “We are completing first phase mineralogical and metallurgical test work on the Good Hope Niobium project, which includes gravity and flotation scoping tests, utilizing an emerging minerals laboratory - Process Mineralogical Consulting Ltd (PMC) of Maple Ridge, B.C. Further work is planned with PMC Ltd to conduct similar investigations on the Pic River PGM Project located in the same vicinity. If we receive favourable test results, this will give our Good Hope niobium project further momentum to develop into an important, very well-located niobium project. Niobium is a critical mineral that will be in great demand for coming infrastructure projects as well as many other strategic uses. We are fortunate to have unparalleled infrastructure with the project alongside the Trans-Canada Highway, the CP railroad, Hydro One transmission lines, the ports of Marathon and Thunder Bay, and the mining workforce and mining culture of Marathon and the Hemlo area,” added Cohen.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
  • H
    Harold
    This completion of a PP is a necessary additional funding for possible drilling .
    I have respect for the CEO Mr. A Cohen but hope other investors have participated in the funding. Just to show outside interest in the company.
    "(“Plato” or the “Corporation”) is pleased to announce that further to its news release dated May 21, 2020, it has increased and completed a non-brokered private placement (the “Offering”) of 3,069,990 common shares (“Shares”) at a price of CAN$0.05 per Share for gross proceeds of $153,500.

    The securities issued pursuant to the Offering will be subject to a four month and one day statutory hold period.

    The Corporation intends to use the net proceeds from the Offering on exploration to advance the Good Hope Niobium Property, the Pic River PGM Project, and for general working capital purposes.

    The participation in the Offering by Greg Wong, James Cohen, and Anthony Cohen are “related party transactions” as such terms are defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“), requiring the Corporation, in the absence of exemptions, to obtain a formal valuation for and minority shareholder approval of the “related party transactions”. The Corporation is relying on an exemption from the requirement to obtain formal valuation and minority shareholder approval as the fair market value of the participation in the Offering by the Insiders does not exceed 25% of the market capitalization of the Corporation, as determined in accordance with MI 61-101.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities."
  • H
    Harold
    A Possible significant acquisition by management of a platinum prospect.
    Work will commence on completion of the agreement to prove the value.
    "PLATO GOLD ANNOUNCES THE SIGNING OF AN OPTION AGREEMENT WITH RUDY WAHL FOR THEA PIC RIVER PGM (PLATINUM GROUP METALS) PROJECT
    Plato Gold Corp. has signed the Pic River PGM (platinum group metals) option agreement to acquire 100-per-cent interest in the Pic River PGM project in Foxtrap Lake and Grain township, Thunder Bay mining district, in Ontario. The acquisition is subject to approval by the TSX Venture Exchange.
    "I am very pleased with the acquisition of the Pic River PGM property," said Anthony J Cohen, President and CEO of Plato Gold Corp. "With palladium prices well over $2,000 per ounce, and the contiguous location of these claims to the gabbros of the Generation Mining property, I am looking forward to a methodical exploration program on this exciting piece of ground located just outside of Marathon, where we have a lot of good experience in our current operations," added Cohen. "The infrastructure, Trans-Canada Highway, CP national rail line, Great Lakes ports, hydro transmission lines, and mining culture of Marathon are second to none."
    About the Pic River PGM Project
    Mapping by Walker et al (1993) indicates the favourable layered gabbro series (the basal portion of the Coldwell Complex) of rocks that host the PGE-Cu-Ni mineralized zone of Generation Mining Inc.'s Sally, Willie, Skipper, Four Dams zones and the Marathon Deposit trend onto the Pic River PGM-Cu-Ni property (Figure 2). Previous ground magnetic surveys indicate magnetic highs that may correspond to the higher magnetic zones within the gabbroic rocks (Figure 3).
    According to Generation Mining's webpage, the Marathon deposit is "one of" the largest undeveloped platinum group metal mineral resources in North America hosting several PGM-Copper deposits, including the 7.1 million ounce palladium-equivalent Marathon Deposit. On January 6, 2020, Generation Mining Limited released a preliminary economic assessment (PEA) giving Marathon an after-tax net present value (NPV) of $871 million (Press Release Generation Mining January 6, 2020).
    Mineralization hosted on the Marathon property is not necessarily indicative or representative of mineralization hosted on the Company's property.
    The Generation Mining Inc.'s Sally Area 41 zone is indicated to be on strike to the Pic River PGM-Cu-Ni property. This PGM-Cu-Ni drill defined mineralized zone is located on the northern margin of the East Gabbro and is comprised of four mineralized zones."
    I encourage investors to read the full PR.
  • H
    Harold
    PP proposed to fund coming drill programs. Will be interesting to see who participates in rge financing.
    "(“Plato” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 8,000,000 units (“Units”) at a price of CAN$0.05 per Unit for gross proceeds up to $400,000 (the “Offering”). Closing of the Offering is expected to occur on or about November 30, 2020.

    Each Unit will consist of one (1) common share in the capital stock of Plato (“Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of CAN$0.10 per Common Share until the date which is thirty-six (36) months following the closing date of the Offering, whereupon the Warrants will expire. If the weighted average trading price of the Corporation’s common shares on the Corporation’s principal stock exchange closes at a minimum of $0.10 per share for a period of five (5) consecutive trading days, the Corporation may accelerate the expiry date of the Warrants to the date which is 30 days following the date upon which notice of the accelerated expiry date is provided by the Corporation to the holders of the Warrants. The securities issued and issuable pursuant to the Offering will be subject to a four month and one day statutory hold period.

    The Corporation intends to use the net proceeds from the Offering to conduct drilling on the company's Holloway gold property, prepare the company's Lolita property in Santa Cruz, Argentina for an upcoming drill program, and general working capital purposes.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available."
  • H
    Harold
    A major update from Management of the Argentina LOLITA Project and increased interest to 95% interest released today.
    Quite lengthy and I will post some portions but suggest investors read the whole document.
    "Previously Plato has conducted three phases of prospecting, geological mapping and surface rock samples that resulted in the discovery of previously unknown hydrothermal structures with little or no prior sampling activity. These zones were named Espalda, Colita, Panza, and Corazon. Both west-northwest and northwest-trending structures are important on the property
    A ground IP (induced polarization) survey has confirmed the geological/geochemical targets at the Corazon and Panza targets and indicated a new target at Panza. IP chargeability anomalies of strong intensity and large dimensions were detected at both targets
    As of August 30, 2020, in accordance with the joint venture agreement, Plato increased its joint venture interest to 95% with Dr. Paul Lhotka continuing to hold the remaining 5%. Dr. Lhotka remains optimistic about the exploration potential of the project, looks forward to seeing it drilled for the first time, and is available to offer technical advice on the Lolita Project.
    "Plato Gold thinks we have one of the best prospective precious metals exploration properties in Santa Cruz and look forward to either drilling the targets ourselves or bringing in an optionee to help develop the project and earn an interest in the property," said Anthony J. Cohen, President & CEO of Plato. "The discovery of many precious metals deposits surrounding us bodes well for further discoveries for Lolita and Plato Gold," added Cohen."
  • H
    Harold
    Management announces additional claims obtained in their Platinum project.

    "PLATO GOLD ADDS CLAIM UNITS TO OPTION AGREEMENT WITH RUDY WAHL FOR THE PIC RIVER PGM (PLATINUM GROUP METALS) PROJECT

    Plato Gold Corp. has amended the Pic River PGM (platinum group metal) project option agreement with an addition of six new claims to the total property. The amended property now totals 111 Single Cell Mining Claims and covers an area of approximately 2,247 hectares including 19 claims on the eastern boundary next to Generation PGM.

    As announced on January 28, 2020, Plato entered into an option agreement to acquire a 100% interest in the Pic River PGM Project in Foxtrap Lake and Grain Township, Thunder Bay Mining District. The original option agreement was subjected to approval by the TSX Venture Exchange and such approval was received.

    "I am very pleased about the acquisition of these claims to our Pic River PGM Project, which is contiguous to the western boundary of Generation Mining's platinum/palladium project," said Anthony J. Cohen, President & CEO of Plato Gold Corp. "There are interesting ground magnetic survey results on these newest additional claims which are on strike with the Sally deposit on Generation Mining's land package," added Cohen.

    About the Pic River PGM Project

    As disclosed in the press release of January 28, 2020, mapping by Walker et al (1993) indicates the favourable layered gabbro series (the basal portion of the Coldwell Complex) of rocks that host the PGE-Cu-Ni mineralized zone of Generation Mining Inc.'s Sally, Willie, Skipper, Four Dams zones and the Marathon Deposit trend onto the Pic River PGM-Cu-Ni property. Previous ground magnetic surveys indicate magnetic highs that may correspond to the higher magnetic zones within the gabbroic rocks.

    According to Generation Mining's webpage, the Marathon deposit is "one of" the largest undeveloped platinum group metal mineral resources in North America hosting several PGM-Copper deposits, including the 7.1 million ounce palladium-equivalent Marathon Deposit. On January 6, 2020, Generation Mining Limited released a preliminary economic assessment (PEA) giving Marathon an after-tax net present value (NPV) of $871 million (Press Release Generation Mining January 6, 2020).

    Mineralization hosted on the Marathon property is not necessarily indicative or representative of mineralization hosted on the Company's property.

    The Generation Mining Inc.'s Sally Area 41 zone is indicated to be on strike to the Pic River PGM-Cu-Ni property. This PGM-Cu-Ni drill defined mineralized zone is located on the northern margin of the East Gabbro and is comprised of four mineralized zones.

    Exploration by Plato will focus on defining the gabbroic units on the Pic River PGM-Cu-Ni property and determining the PGM-Cu-Ni mineralization.

    Ground magnetic survey over the target area outlined potential PGM-Cu-Ni targets.

    Target sites

    29: Isolated oblong low anomaly of about 600 to 800 nT presenting a N-S general trend and a dimension of 150 x 250 m.

    34-35-36: Anomaly 34, to the north, consists of an isolated circular zone of magnetic high of about 750 to 1 000 nT with a diameter of about 250 m. Anomaly 35, to the south-west, is defined by a cluster of more or less isolated peaks of 100 to 300 nT forming a pseudo-circular pattern of about 350 m in diameter, traversed by a NE-SW dike.

    Anomaly 36, to the east, consists of an isolated oblong zone of weak magnetic high of about 100 nT with a NW-SE orientation, located inside a much larger zone (400 x 600 m) of low magnetic crossed by a NW-SE dike.

    38 Anomaly: Large zone of magnetic high of about 1 000 to 2 000 nT presenting an oval shape with a N-S elongation. Located on the north flank of a large zone of very strong magnetic intensity.

    Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the "Qualified Person" as defined in NI 43-101, who has reviewed and approved the technical content in this press release. Garry also is a Director of various junior listed companies including Canadian Palladium.
  • H
    Harold
    More fundraising necessary to begin a drill program. At least we hope so. It's a yearly promise from management but never seems to happen.
    The only hope for shareholders is actual drilling occurs a and of course positive assays are found.
    "
    " (“Plato” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Offering”) for gross proceeds of up to $200,000. Closing of the Offering is expected to occur on or about Jun 11, 2021.

    The Offering shall be composed of (i) 3,000,000 flow-through shares (“FT Shares”) at a price of $0.05 per FT Share for gross proceeds of up to $150,000; and (ii) 1,000,000 hard dollar units (“HD Units”) at a price of $0.05 per HD Unit for gross proceeds of up to $50,000. Each HD Unit shall be composed of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (“Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.07 per Common Share until the date which is twenty-four (24) months following the closing date of the Offering, whereupon the Warrants will expire. Each FT Share shall be composed of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act (Canada) (the “Tax Act”).

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “Exchange”) and applicable securities regulatory authorities. The securities issued and issuable pursuant to the Offering will be subject to a four month and one day statutory hold period. In connection with the Offering, the Company may pay commissions to eligible persons in accordance with the policies of the Exchange.

    The proceeds raised from the sale of the FT Shares will be used to incur “Canadian exploration expenses” that are “flow-through mining expenditures” (as such terms are defined in the Tax Act) to pay for assay results on over 2,000 meters of drill core from the Company’s Good Hope Niobium Project near Marathon, Ontario and to fund the Company’s other properties in Ontario, Canada. The proceeds raised from the sale of the HD Units will be used for general working capital purposes and for exploration expenses on the Company’s properties.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Plato Gold Corp.

    Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange and Frankfurt Exchange with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina.

    The Timmins, Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

    In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver.

    The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario with the primary target being niobium.

    The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon, Ontario of which 19 claims are contiguous to the western boundary of Generation Mining’s Marathon PGM project and is located on strike to Generation Mining’s Sally deposit."
  • H
    Harold
    Significant announcement

    "PLATO GOLD ACQUIRES 100% OWNERSHIP IN GOOD HOPE NIOBIUM PROJECT
    Plato Gold Corp. has met the terms of the KL226 option agreement and KL37 option agreement, as originally announced on May 31, 2017.
    "I am very pleased to announce that Plato now has 100% ownership of the Good Hope Niobium Project," said Anthony J. Cohen, CEO of Plato Gold Corp. "I am also very pleased to announce our continuing work on the Project with both Dr. Rudy Wahl, the discoverer of the project and Dr. Roger Mitchell, one of the world's foremost experts on carbonatite rocks and niobium. With our World Class team of experts, I am looking forward to further development of the Good Hope Niobium Project releasing further news of its continuing development when we have completed important work," said Cohen.
    Dr. Rudy Wahl was the recipient of the Bernie Schnieders Discovery of the Year Award 2014 presented by Don Hoy and Jonie Schnieders to Dr. Wahl at the NWOPA Awards Dinner in Thunder Bay on April 14, 2015.
    In meeting the terms of the KL226 Option Agreement, Plato made a total payment of $106,600 and issued 7,500,000 common shares. The Optionors for the KL226 Option Agreement are Rudolf Wahl (45%), Mike Dorval (45%), Roger H. Mitchell (10%).
    In meeting the terms of the KL37 Option Agreement, Plato made a total payment of $2,000 and issued 1,600,000 common shares. The Optionors for the KL37 Option Agreement are Rudolf Wahl (85%), Leonard Windover (5%), Darren Hutchinson (5%), Ryan Harasym (5%).
    As well, exploration expenditures of $400,000 on either or both the KL226 and KL37 properties were exceeded with a total of $1,113,532 exploration work completed as of June 30, 2019."
  • H
    Harold
    Another PP announced for development of Good hope Nioblum. Management, obviously believes that possible success may be achieved.
    "(“Plato” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement of up to 3,500,000 common shares (a “Share” or “Shares”) at a price of CAN$0.10 per Share, for gross proceeds of approximately $350,000 (the “Offering”). Closing of the Offering is expected to occur on or about July 12, 2019.

    The securities issued pursuant to the Offering will be subject to a four month and one day statutory hold period.

    The Corporation intends to use the net proceeds from the Offering on exploration to advance the Good Hope Niobium Property and for general working capital purposes.

    “I am very pleased to be in a position to advance the Good Hope Niobium Project near Marathon, as niobium is very much in demand for all of its unique characteristics. With the current world trade difficulties, end users will be looking to diversify their source of supply,” said Anthony J. Cohen, CEO of Plato.

    Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    About Plato Gold Corp.

    Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange with projects in Marathon, Ontario; Timmins, Ontario and Santa Cruz, Argentina.

    The Good Hope Niobium Project consists of a total of 254 claims, consisting of 227 Single Cell Mining Claims and 27 Boundary Cell Mining Claims, and covers an area of approximately 5,100 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario. In May 2017, Plato signed an option agreement with Rudy Wahl and co-owners to acquire 100% interest in the Good Hope Property.

    The Timmins, Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario. Plato holds 50% interest in the Guibord property with the remaining 50% held by Osisko Mining Inc. (“Osisko”). Osisko also holds 80% interest in the Harker property with Plato holding the remaining 20%.

    In Argentina, Plato owns a 75% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company. The Lolita Property, held by WMSA, is comprised of a number of contiguous mineral rights totaling 9,672 hectares. Work has advanced on this exploration property to the point that it is drill-ready or ready to be optioned to a partner."
  • H
    Harold
    Completion of PP announced. Nice to see that aside from
    "insider" participants close to half the shares where bought by outside investors.
    "The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 17, 2020.
    Number of shares: 3,069,990 shares

    Purchase price: five cents per share

    Number of placees: seven placees

    Insiders: Greg Wong, 980,000; Ash Wellington Investments Ltd. (James Cohen), 200,000; CEYX Properties Ltd. (Anthony Cohen), 600,000

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  • H
    Harold
    Management seems to be getting serious regarding development of their holdings
    "Plato Gold Corp. has engaged the services of Hoewler International Investor Relations and Consulting in Oyten, Germany for a period of 6 months.

    Maurice Hoewler will inform investors in the German speaking area of Central Europe about the group of assets that Plato controls in both the critical metals and precious metals areas and in his role will represent the company in Europe. Plato is currently waiting for mineralogical and metallurgical test results of core samples from its Good Hope niobium project. The results in metallurgy will help advance this important project forward in its development. Niobium is one of the United States and Canadian government's strategic and critical metals used in a variety of high technology uses such as EV batteries, quantum computing and defense applications that make domestic supply critical to protecting our way of life."
  • H
    Harold
    TSX approval of acquisition
    "The TSX Venture Exchange has accepted for filing documentation pertaining to a Pic River PGM (platinum group metal) option agreement dated Jan. 28, 2020, between the company and several arm's-length parties, whereby the company can acquire a 100-per-cent undivided unencumbered legal and beneficial interest in and to the Pic River PGM project claims located in Foxtrap Lake and Grain township, Thunder Bay mining district.

    Under the terms of the agreement, the company will issue to the vendors up to 1.65 million common shares, pay $125,000 in cash and commit $160,000 in exploration during the period of four years from closing. Additionally, the company has agreed to issue up to two million common shares, if platinum equivalent identified on the property exceeds one million ounces and upon a positive bankable feasibility study. The vendors are entitled to a 3-per-cent net smelter return (NSR) royalty from the company's sales of any ores, mineral resources or mineral products excluding diamonds, and a 3-per-cent gross overriding royalty (GOR) from the production of diamonds. The company can purchase up to 1.5 per cent of the NSR and 1.5 per cent of the GOR for $1.5-million each."
  • H
    Harold
    Todays announcement shows management is trying to get the
    attention of Amrican investors. I am not sure these investors need the added choice. The success of PGC will depend on the assays the coming drilling season will produce. We will finally really have proof, one way or another, if the noble minerals are present in significant amounts!
    "Effective Dec. 20, 2021, Plato Gold Corp.'s common shares have been approved to begin trading on the OTCQB Venture Market under the symbol NIOVF. The Company's Shares will continue to trade on the TSX Venture Exchange under the symbol, PGC. The Company has chosen to trade on this US marketplace to provide current and future US-based investors with greater access, ease of trading, home country disclosure, current financial disclosures and Real-Time Level 2 quotes on the OTC Markets website.
    "I am pleased that Plato has qualified to trade on the OTCQB market in the U.S., thereby increasing the Company's exposure as well as liquidity for Plato shareholders. With Plato's focus on critical metals, in particular niobium, at our Good Hope Project, we plan on making U.S. investors more aware of the importance of niobium in a large number of important industries. As we further develop this project, its unique location near Marathon, Ontario and proximity to major infrastructure will help to differentiate it from other projects," said Anthony Cohen, President & CEO of the Company.

    The OTCQB is a leading market for early-stage and developing U.S. and international companies operated by the OTC Markets Group Inc. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. Recognized by the U.S. Securities and Exchange Commission as an established public market, the OTCQB market will provide investors who cannot access trading on the TSX Venture Exchange with alternative access to Plato's Shares through regulated U.S. broker-dealers.

    About Plato Gold Corp.

    Plato Gold is a Canadian exploration company traded on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina.

    The Timmins, Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

    In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. ("WMSA"), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver. The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario with the primary target being niobium.

    The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon, Ontario of which 19 claims are contiguous to the western boundary of Generation Mining's Marathon PGM project and is located on strike to Generation Mining's Sally deposit."

    The trading on OTCQB will see .02right now. But 9 months might bring significant-03 instead of .03-04 we now have. Based on present exchange rates if not lower. Hardly an attractive rating Hope springs from investors wishes.
  • P
    PianziDisano
    What's your story Harold? Long time bag holder or working on PR ?? I'm looking to buy in at 3c. Any chance this will do anything positive?
  • H
    Harold
    Management is adding experience to the Board which is a good sign that they may beginning to explore their holding. Only way the company can show progress is to develop via drilling the highest grades properties. If they exist! Things could get interesting.
    " (“Plato” or the “Company”), an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to announce the election of Mr. J.J. Elkin to its Board of Directors. Mr. Elkin was elected to the board of directors of Plato at the annual and special meeting of shareholders of Plato held on June 18, 2020.

    Mr. Elkin is an international entrepreneur and investor who has served as Director and CEO of a number of private and public compa
  • S
    SM
    anyone know what is going on with this stock?
  • R
    RANDY JACKSON