Source: Plato Gold.
  • Plato Gold (PGC) has released preliminary prospecting and sampling results from the Pic River Project
  • Soil samples indicate a significant copper-gold anomaly which will be tested by future diamond drilling
  • Rock sample results ranged from 5 ppm to 411 ppm copper and 3 ppb to 331 ppb gold
  • Plato Gold is a mineral exploration company with gold, silver, niobium and PGE projects in Canada and Argentina
  • Plato Gold (PGC) closed unchanged, trading at $0.03 per share

Plato Gold (PGC) has released preliminary prospecting and sampling results from the Pic River Project.

The Ontario-based copper and platinum group elements (PGE) project is contiguous to Generation Mining’s Marathon Palladium Copper Project and on strike with its Sally Deposit.

The company collected 50 soil samples for soil gas hydrocarbon (SGH) analysis from an area of heavy overburden in the south-central portion of the Pic River claim group. The area coincides with high-priority EM and magnetic anomalies outlined in Plato’s October 2021 airborne geophysical survey.

Results from the SGH analysis indicate a significant copper-gold anomaly which will be tested by future diamond drilling.

Plato also collected 53 rock samples across the property for standard geochemical analysis. Results ranged from 5 ppm to 411 ppm copper and 3 ppb to 331 ppb gold.

The company conducted the work during a five-week period from July 1 to August 7, 2022.

It will target and sample additional coincident magnetic/EM anomalies during its upcoming phase-2 program.

Plato Gold is a mineral exploration company with gold, silver, niobium and PGE projects in Canada and Argentina.

Plato Gold (PGC) closed unchanged, trading at $0.03 per share.


More From The Market Online

Independent tests of BlackBerry cyber defense scores solid results

A new study finds that BlackBerry’s (TSX:BB) endpoint protection platform blocked the most cyberattacks while using fewer system resources.
Stock market chart up

@ the Bell: TSX reaches 3-week high

The TSX climbed to its highest in three weeks as investors raised bets around a U.S. Fed rate cut after last’s week soft payrolls…

One of the best stocks for a silver rebound play

Impact Silver (TSXV:IPT) uncovers a silver vein in Mexico, bolstering its case as one of the best stocks to play a rebound in silver…

Africa Oil collects more shares under buyback program

Africa Oil Corp. (TSX:AOI) repurchases a total of 995,883 of its common shares under its share buyback program.