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PLATO GOLD CORP ORD - NIOVF STOCK NEWS

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Plato Gold Corp Ord (NIOVF) is a Canadian exploration company focused on developing precious metal properties in North America. With a strong portfolio of projects, including gold and silver properties, Plato Gold Corp is dedicated to advancing its mining assets while maintaining a commitment to environmental stewardship.

Recent achievements include successful drilling programs that have expanded resource estimates, partnerships with leading mining companies to advance exploration activities, and a solid financial position bolstered by strategic investments and prudent financial management.

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Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) has closed the acquisition of the Ruffle Lake Property, comprising 42 unpatented cell claims in Ontario. The property, accessible via an all-weather road, is near the Prairie Lake Carbonatite Complex, known for hosting rare earth elements and critical minerals. Initial prospecting revealed two sites with up to 30% P2O5, 4558 ppm yttrium, and anomalous rare earth elements. Plato acquired 100% interest for CAD$20,000 and 2,000,000 common shares, subject to a 3% net smelter return royalty. The company plans detailed radiometric surveys, stripping, trenching, mapping, and sampling to further explore the property's potential for niobium, phosphates, and rare earth elements.

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Plato Gold announced a binding agreement to acquire a 100% interest in 42 unpatented cell claims in the Thunder Bay Mining District, Ontario, from the Wahl Group. These claims, known as the Ruffle Lake Property, are contiguous to Plato's Good Hope Niobium Project and are accessible via an all-weather road.

The Ruffle Lake Property, located near the Prairie Lake Carbonatite Complex, has shown promising preliminary results, including high levels of phosphate and rare earth elements. The acquisition terms involve a CAD$20,000 payment and 2,000,000 common shares to the Wahl Group, who will retain a 3% net smelter return royalty, with an option for Plato to purchase 2.5% of this royalty for CAD$2,000,000. The transaction is expected to close on July 9, 2024, pending regulatory approval.

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Plato Gold Corp. (TSX-V: PGC; OTCQB: NIOVF; Frankfurt: 4Y7) has announced that Mr. Ernie J. Marcotte has joined its Board of Directors. The announcement was made by the company's President and CEO, Anthony Cohen, who highlighted Mr. Marcotte's extensive experience and expertise in the mining sector.

The company also reported that all proposals were approved by shareholders at the 2024 Annual Meeting held on June 13, 2024. The re-elected directors are Anthony J. Cohen, James E. Cohen, J.J. Elkin, Peter C. Hubacheck, and John H. Paterson.

Mr. Marcotte expressed his enthusiasm about joining Plato Gold and contributing to the development of its properties in Northern Ontario and Santa Cruz, Argentina.

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Plato Gold Corp. (TSX-V: PGC, OTCQB: NIOVF, Frankfurt: 4Y7) has released financial results for the first quarter of fiscal 2024. The company, focused on exploration projects in Northern Ontario and Argentina, reported an income of $513 for Q1 2024 compared to $520 in Q1 2023. Net loss and comprehensive loss increased to $52,664 for Q1 2024 from $48,905 in Q1 2023. The loss per common share remained at $0.00, with a weighted average of 228,632,750 common shares outstanding. Plato Gold's portfolio includes gold and niobium projects in Ontario and gold and silver projects in Argentina. For more detailed information, visit www.platogold.com.

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Plato Gold Corp. reports its 2023 year-end financial results, showing a decrease in income compared to the previous year. The company experienced a significant net loss for the year and quarter, with no earnings per share. Visit www.platogold.com for more information.
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Plato Gold Corp. completes the acquisition of Pic River PGM-Copper Property in Northwestern Ontario, adjacent to Generation Mining's Marathon Palladium-Copper Project. The agreement includes a cash payment of $125,000, issuance of 1,650,000 Plato Common Shares, and exploration expenditures exceeding $250,000. Generation Mining is advancing with a diamond drilling exploration program targeting copper deposits near Plato's property.
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Plato Gold Corp. announces results of its 2023 winter drill program on the Marriott Gold Property in Northeastern Ontario. The drill core displays typical characteristics of Abitibi gold deposits with elevated sulphides and base metals contents. Previous drill programs have intersected gold in drill core, indicating the property's potential to host gold mineralization. The company plans to follow up the 2023 drill program with another drill program with deeper holes along the same geophysics’ anomalies and geology units.
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Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) (Frankfurt: 4Y7 or WKN: A0M2QX) reports its financial results for the nine and three months ended in 2023 and 2022, showing an income of $1,540 and $1,704 respectively, with a net loss of $(163,755) and $(208,611) for the same periods. Visit www.platogold.com for full details.
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Plato Gold Corp. has initiated a 450m drill program on Marriott Gold Property in Matheson, Ontario, targeting exploration prospects based on geology and geophysics. The property is strategically located near major gold mining operations and has excellent infrastructure, with the drill holes selected based on magnetic, electromagnetic, and gravity anomalies.
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Plato Gold Corp. has reported its financial results for the six and three months ended June 30, 2023 and 2022. The company generated an income of $1,204 for the six months ended June 30, 2023, compared to $1,205 in the same period last year. However, Plato Gold Corp. experienced a net loss and comprehensive loss of $108,281 for the six months ended June 30, 2023, compared to a net loss of $177,157 in the same period last year. The loss per common share remained at 0.00 for both periods. The weighted average number of common shares outstanding increased from 219,749,142 to 228,349,142 for the six months ended June 30, 2023.
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FAQ

What is the current stock price of PLATO GOLD ORD (NIOVF)?

The current stock price of PLATO GOLD ORD (NIOVF) is $0.0191 as of August 5, 2024.

What is the market cap of PLATO GOLD ORD (NIOVF)?

The market cap of PLATO GOLD ORD (NIOVF) is approximately 3.3M.

What is Plato Gold Corp Ord focused on?

Plato Gold Corp Ord is focused on developing precious metal properties in North America, with a strong emphasis on gold and silver projects.

What recent achievements has Plato Gold Corp Ord made?

Plato Gold Corp Ord has successfully completed drilling programs, expanded resource estimates, formed partnerships with leading mining companies, and maintained a strong financial position through prudent financial management.

How does Plato Gold Corp Ord contribute to environmental stewardship?

Plato Gold Corp Ord is committed to advancing its mining assets while adhering to rigorous environmental standards and practices to ensure sustainable exploration activities.

PLATO GOLD CORP ORD

OTC:NIOVF

NIOVF Rankings

NIOVF Stock Data

3.31M
157.04M
28.75%
Gold
Basic Materials
Link
United States of America
Toronto