RE: FAILURE CONTINUES TO HAUNT PLATOPlato Gold Announces Amendment to Globex Option AgreementPlato Gold Corp. PGC2/6/2012 6:00:02 PMPlato Gold Announces Amendment to Globex Option AgreementTORONTO, ONTARIO--(Marketwire - Feb. 6, 2012) -NOT FOR DISTRIBUTION IN THE UNITED STATES.Plato Gold Corp. (TSX VENTURE:PGC) ("Plato" or the "Company"), an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Québec, and Santa Cruz, Argentina, is pleased to announce an amendment, effective as of December 31, 2011, of the original August 8, 2006 Option Agreement and as amended on December 12, 2006, October 26, 2007, April 22, 2008 and September 27, 2010, with Globex Mining Enterprises Inc.("Globex") on the Nordeau Bateman properties in Val d'Or, Quebec (the "Option Agreement").The Option Agreement has been amended to extend all the outstanding timelines by six months. Specifically, commitments due December 31, 2011 have been extended to June 30, 2012, and commitments due December 31, 2012 have been extended to June 30, 2013. All other terms of the Option Agreement and subsequent amendments remain the same. This extension is subject to approval by the TSX Venture Exchange."Plato remains active in advancing all our projects in Ontario, Quebec and Argentina," said Anthony Cohen, President and CEO. "We look forward to updating our loyal shareholders on our financing and exploration work for 2012."For full details, please visit us at
www.platogold.com