Plato Gold Reports on Third Quarter Results

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Plato Gold Corp.
Plato Gold Corp.

Toronto, ON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- 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 nine and three months financial results for fiscal 2024 and 2023, as summarized below:

 

Nine Months Ended

 

Three Months Ended

 

(Unaudited)

 

(Unaudited)

 

Sept. 30,

Sept. 30,

 

Sept. 30,

Sept. 30,

 

 

2024

 

 

2023

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

Income

$

1,389

 

$

1,540

 

 

$

352

 

$

516

 

 

 

 

 

 

 

Net Loss and Comprehensive Loss

$

(131,176

)

$

(163,755

)

 

$

(35,353

)

$

(55,474

)

 

 

 

 

 

 

Loss per common share - basic and diluted

 

-

 

 

-

 

 

 

-

 

 

-

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic and diluted

 

229,267,907

 

 

228,354,728

 

 

 

230,513,543

 

 

228,365,717

 

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.

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