PLATO GOLD CORP ORD - NIOVF STOCK NEWS

Plato Gold Corp. (OTCQB: NIOVF) has released its fiscal 2022 financial results, highlighting an income of $2,222 compared to $1,167 in 2021. However, the company reported a net loss of $239,259 for the year, an increase from a loss of $360,432 in the previous year. For the three months ended December 31, 2022, income was $518, while the loss was $30,647. The weighted average number of outstanding shares increased to 223,805,169 from 213,385,016. In March and April 2023, the company expanded its Marriott property claims from 98 to 142 total claims. These financial results reflect ongoing challenges amid expansion efforts in its exploration activities.

Plato Gold Corp. (OTCQB: NIOVF) has announced the final results of its Phase 1 exploration program at the Pic River PGE-Cu Project, completed in November 2022. The project, located near Marathon, Ontario, revealed geochemical analysis indicating copper concentrations between <1 ppm and 178 ppm, with gold from 2 ppb to 349 ppb. The company plans a Phase 2 exploration for 2023 to target high-priority geophysical anomalies, allowing access to utilize mechanized equipment for further drilling and sampling. The project is strategically located near Generation Mining’s Marathon Palladium-Copper Project.

Plato Gold Corp. (OTCQB: NIOVF) has announced results from a preliminary prospecting and sampling program at the Pic River PGE-Cu Project in Ontario, which is adjacent to Generation Mining’s projects. The program, conducted from July to August 2022, involved collecting 50 soil samples showing significant copper-gold anomalies, and 53 rock samples with results ranging between 5 to 411 ppm Cu and 3 to 331 ppb Au. A 10 km trail was cleared to enhance future exploration efforts, including planned drilling.

Plato Gold Corp. (OTCQB: NIOVF) reported financial results for the nine and three months ended September 30, 2022. For the nine months, income was $1.7 million, up from $850,000 in 2021, while the net loss reached $208,611. For the three months, income was $499,000 compared to $304,000 in 2021, with a net loss of $31,455. The weighted average number of shares outstanding increased to approximately 222.4 million. The company continues its exploration efforts in Ontario and Argentina, focusing on gold and silver properties.

Plato Gold Corp. (OTCQB: NIOVF) reported its financial results for the six and three months ending June 30, 2022. Income for the six months was $1,205, with a net loss of $177,157. For the three months, income was $487, resulting in a net loss of $121,594. Loss per common share remained at $0.00 for both periods. The company continues to focus on its exploration projects in Northern Ontario and Santa Cruz, Argentina. The full details of the report are available on their website.

Plato Gold Corp. (OTCQB: NIOVF) reported its financial results for the three months ending March 31, 2022, showing an income of $718, up from $239 in the same period last year. However, the company recorded a net loss of $55,563 compared to a loss of $49,669 in 2021. The weighted average number of common shares outstanding rose to 219,732,384 from 209,269,717. The exploration company continues to focus on its gold and mineral properties across Ontario and Argentina.