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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
Comment by siboon Sep 28, 2018 10:44am
82 Views
Post# 28709047

RE:input

RE:inputIt appears pretty exciting to me.  The grades are good and, apparently, initial metallurgical studies indicate relatively easy recovery compared with others.  In addition easy road and electrical access will result in much lower start up costs.  The other Canadian ones I looked at are horribly remote and climate challenged.

The most exciting thing about niobium is envisaging its possible future battery applications.  If Toshiba's niobium based rapid charge battery functions as they claim (and would Toshiba bluster?) think of usages far beyond electric cars.  For example imagine things such as:

All lawn mowers battery operated and silent.
Charging your computer or cell phone in seconds
Rechargeable flashlights that last all night
Electric motor bikes and scooters on all the roads of Africa and India...and elsewhere
Electric wheelchairs that can run all day
Etc., etc. etc.

The risk/reward scenario on this project has improved dramatically with these results as there are only 3 niobium mines in the world, 2 in Brazil and one in Canada. The Canadian one, a small producer, was purchased by a fund for $500 million some years ago and Plato's market cap is only $6 Million (TMX) so the upside potential is huge while the downside is negligble as the company still holds 4 promising properties in silver and gold.

Toshiba Niobium Battery





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