- 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.