Plato Gold Reports on 2021 Year-End Results
For Immediate Release
Plato Gold Reports on 2021 Year-End Results
Toronto, April 22, 2022 – 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 2021 and 2020, as summarized below:
Year Ended Three Months Ended
(Audited) (Unaudited)
December 31, December 31, December 31, December 31,
2021 2020 2021 2020
Income $ 1,167 $ 3,218 $ 317 $ 758
Net Income (Loss) and
Comprehensive Income
(Loss)
$ (360,432) $ (202,156) $ (33,061) $ (82,555)
Loss per common share -
basic and diluted - - - -
Weighted average number
of common shares
outstanding - basic and
diluted
213,385,016 206,382,208 216,759,195 206,382,208
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 tota lling 9,672 hectares
with potential for gold and silver.
The Good Hope Niobium Project consis ts of approximately 5,146 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 2,247 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
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, concentration s 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 th ose 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 proc essing; 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 can not 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.