Plato Gold Reports on Second Quarter Results

Plato Gold Reports on Second Quarter Results

Plato Gold Corp. (TSX-V: PGC ) (OTCQB: NIOVF ) (Frankfurt: 4Y7 or WKN: A0M2QX ) (" Plato " or the " Company ") an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the six and three months financial results for fiscal 2025 and 2024, as summarized below:

Six Months Ended Three Months Ended
(Unaudited) (Unaudited)
June 30, June 30, June 30, June 30,
2025 2024 2025 2024
Income $ - $ 1,037 $ - $ 524
Net Loss $ (1,189,034) $ (95,823) $ (1,159,065) $ (43,159)
Comprehensive Loss $ (1,195,228) $ (95,823) $ (1,165,259) $ (43,159)
Loss per common share - basic and diluted (0.01) 0.00 (0.01) 0.00
Weighted average number of common shares outstanding - basic and diluted 230,665,717 228,649,233 230,665,717 228,665,717


For full details, please visit us at www.platogold.com .

About Plato Gold Corp .

Plato Gold Corp. is a Canadian exploration company traded on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina.

The Timmins Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario, with a focus on gold.

In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. ("WMSA"), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver.

The Good Hope Niobium Project consists of approximately 6,035 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario, with the primary target being niobium.

The Pic River Platinum Group Metals (PGM) Project consists of 2,352 hectares in Foxtrap Lake and Grain Township, near Marathon Ontario, of which 19 claims are contiguous to the western boundary of Generation Mining's Marathon PGM project and is located on strike to Generation Mining's Sally deposit.

For additional company information, please visit www.platogold.com .

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

For further information, please contact:

Anthony Cohen
President and CEO
Plato Gold Corp.
T: 416-968-0608
F: 416-968-3339
Info1@platogold.com
www.platogold.com

Forward-Looking Statements

This news release contains "forward-looking statements", within the meaning of applicable securities laws.  These statements include, but are not limited to, statements regarding the potential mineralization and resources, exploration results, concentrations of pay minerals that may offset operating costs and future plans and objectives.  These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include but are not limited to: changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; testing of our process may not prove successful and even it tests are successful, the economic and other outcomes may not be as expected; the availability of labour, equipment and markets for the products produced; and conditions changing such that the minerals on our property cannot be economically mined, or that the required permits cannot be obtained.  Although management of Plato has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements.  The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


 

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

PGC:CA
The Conversation (0)
Plato Gold Reports on First Quarter Results

Plato Gold Reports on First Quarter Results

Plato Gold Corp. (TSX-V: PGC ) (OTCQB: NIOVF ) (Frankfurt: 4Y7 or WKN: A0M2QX ) (" Plato " or the " Company ") an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the three months financial results for fiscal 2024 and 2023, as... Keep Reading...
Plato Gold Reports on 2023 Year-End Results

Plato Gold Reports on 2023 Year-End Results

Plato Gold Corp. (TSX-V: PGC ) (OTCQB: NIOVF ) (Frankfurt: 4Y7 or WKN: A0M2QX ) (" Plato " or the " Company ") an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the twelve and three months financial results for fiscal 2023... Keep Reading...
Loyalist Exploration Samples 7.36 g/t Au and 31 g/t Ag in Preliminary Bedrock Sampling at Gold Rush Property, Timmins, Ontario

Loyalist Exploration Samples 7.36 g/t Au and 31 g/t Ag in Preliminary Bedrock Sampling at Gold Rush Property, Timmins, Ontario

Loyalist Exploration Limited (CSE:PNGC) (“Loyalist” or the “Company”) is pleased to announce that is has completed an initial bedrock sampling reconnaissance program at its Gold Rush Property (“the Property”), within the prolific Timmins mining district (Figure 1). The sampling program was... Keep Reading...
mark skousen, gold bars

Mark Skousen: Gold, Silver in Major Bull Market, "Permanent Inflation" is Here

Mark Skousen of Forecasts & Strategies shares his outlook for gold, silver and the US economy. "We've entered an era of what I call permanent inflation," he explained."After World War II, inflation became permanent — higher and higher prices every year. The inflation rate may ebb and accelerate,... Keep Reading...
larry lepard, gold, silver, bitcoin

Larry Lepard: Gold Stocks, Silver, Bitcoin — Prices to Double in 2026?

Sound money advocate and author Larry Lepard shares his thoughts on what's driving gold, silver and Bitcoin prices, as well as how high they could rise in the near term."I sincerely believe that in 2026, Bitcoin could double and go to US$200,000. Silver could almost double and go to US$100 or... Keep Reading...
Stephen Soock, vice president of investor relations and development at Heliostar Metals.

Heliostar Eyes Gold Production to 300,000 Ounces by End of Decade

Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF,FWB:RGG1) is on track to significantly ramp up its gold production, with plans to grow from 30,000 ounces to 300,000 ounces annually by the end of the decade. “Our strategy is powered by the fact that we are a producer, but we really are a development and... Keep Reading...
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has... Keep Reading...
John Feneck, gold bars.

John Feneck: Gold, Silver, "Special Situations" — 7 Stocks to Play These Metals

John Feneck, portfolio manager and consultant at Feneck Consulting, shares his outlook for gold and silver prices and stocks. He also speaks "special situation" companies. "(There's) a change of behavior away from, 'Hey, we're never going to permit your mine.' To, 'Hey, we're really thinking... Keep Reading...

Latest Press Releases

Related News