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Plato Gold drills 5.5 m of 14.35 g/t Au at Nordeau East
2009-12-08 10:46 ET - News Release
Mr. Anthony Cohen reports
PLATO GOLD REPORTS HIGH-GRADE GOLD INTERSECTION AT NORDEAU EAST PROPERTY
Plato Gold Corp. has provided significant drill core assay results from holes NE09-01 and NE09-02, on its Nordeau East property 40 kilometres east of Val d'Or, Que. To date, 12 holes totalling 5,019 metres of the continuing 6,000-metre, 14-hole exploration program have been completed on the contiguous Nordeau East and Bateman East properties.
Plato has received assays from the first two holes of the drilling campaign: hole NE-09-01 successfully intersected the targeted mineralized zone from 294.00 m to 299.50 m. The mineralized intersection yielded a grade of 14.35 grams per tonne (g/t) Au over the 5.50-metre interval. Hole NE-09-02 intersected the targeted mineralized zone from 223.30 m to 230.00 m, and yielded an average grade of 8.01 g/t Au over the 6.70-metre interval.
"I am extremely pleased and encouraged by our drill results. These very impressive gold intersections at Nordeau East indicate that Plato Gold Corp. likely has a significant new gold resource in Val d'Or, Que., that is open at strike length, depth and in all directions. Plato's technical team has done a first-rate job. I'm optimistic about our future given our existing gold resource at Nordeau West, our exciting Santa Cruz property in Argentina and our Timmins properties," said Anthony Cohen, president and chief executive officer. "We have a good partnership with Globex Mining Enterprises Inc. and Quebec is the best mining jurisdiction in the world in which to operate."
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