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Plato Gold Corp V.PGC

Alternate Symbol(s):  NIOVF

Plato Gold Corp. is a Canadian exploration company with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina. The Timmins Ontario project includes four properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold. In Argentina, the Company owns a 95% interest in Winnipeg Minerals S.A. that holds a number of contiguous mineral rights totaling 9,672 hectares (ha) with the potential for gold and silver. Its Good Hope Niobium Project consists of 5,146 ha in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario, with the primary target being the niobium. Its Pic River Platinum Group Metals (PGM) Project consists of about 2,247 ha in Foxtrap Lake and Grain Township, 21 kilometer (km) northwest of Marathon, Ontario, of which 19 claims are contiguous to the western boundary of Generation Mining Limited's Marathon Palladium-Copper Project. It also operates the Lolita Project.


TSXV:PGC - Post by User

Post by HHAPPYon Jul 25, 2020 11:26am
147 Views
Post# 31318752

The next move by management should be announcement of

The next move by management should be announcement of drilling begining on the NIOBIUM   property!!
From the PGC website  " An option agreement was entered into between Plato and Rudy Wahl, and the property was mapped and sampled in the summer of 2017 with promising results. The strategy is to drill the property close to the original high grade discovery trench, with a 5,000 metre drill program. Drilling will give more information to Plato’s geologists, who are very well experienced at working with carbonatite and pyrochlore-bearing rocks, the main host rocks for niobium on the property.

The goal is to outline a significant, high grade, close to surface niobium deposit.  Niobium has been recently named a “strategic metal” by the U.S. government, with government documents and committees recommending stockpiling niobium along with other strategic metals.  With over 90% of the world’s niobium mined and produced in Brazil, it stands to reason that a new, high grade deposit found in Canada would be very favourably looked at."
 Its taken 3 years to get here. 
 Now we wait for the assays to know the true value  of this  property. As always don't get excited at reported "visual " ore  impressions. Only assay result will give us a TRUE valuation.
Here we go, hopefully.

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