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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

Bullboard Posts
Post by Xcal911on Jan 17, 2010 6:42pm
204 Views
Post# 16688864

We have zero....

We have zero....speculation built into the SP, with news like this pending. This was caused by 7 figure holders flipping half cents, for the past 3 months. 



"Following the receipt of preliminary assay results, the technical team made the decision to halt
drilling on the Bateman East Property after the second of five proposed holes was completed,
and the drill rig was moved back to Nordeau East. On Dec 2nd, a new hole (NE09-07) was
collared half way between NE09-01 and NE09-02. This hole intersected a mineralized zone
between 300.00 and 310.00 metres down hole. Assay results are pending.

Another hole, NE09-10, was drilled on Dec 4th and Dec 5th, at the same location as NE09-07, but at a shallower angle (-50º rather than -70º). A zone of alteration and sulphide mineralization was intersected and
sampled – assay results are pending. The third new hole (NE09-11) is a 100 metre step-back hole
that will undercut the new zone in order to test down dip continuity. Hole NE09-11 was collared
on Dec 6th and is expected to intersect the mineralized target zone at the 400 metre mark."

Bullboard Posts