Plato Gold Corp.

Published : May 25th, 2015

Plato Gold Reports on First Quarter 2015 Results

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Keywords :   Argentina | Gold | Gold Mines | Report |

Plato Gold Reports on First Quarter 2015 Results

For Immediate Release

Plato Gold Reports on First Quarter Results

Toronto, May 26, 2015 - Plato Gold Corp. (TSX-V: PGC) ("Plato" or the "Company"), an exploration company with a portfolio of properties in significant gold mining camps in Santa Cruz, Argentina and Northern Ontario is pleased to report the three months financial results for fiscal 2015 and 2014, as summarized below:

Three Months Ended

(Unaudited)

March 31, March 31,

2015 2014

Income $ 526 $ 509
Net loss and comprehensive loss $ 104,744 $ 92,210
Loss per common share
basic and diluted $ - $ -
Weighted average number
of common shares outstanding
basic and diluted 143,591,655 143,591,655
For full details, please visit us at www.platogold.com.

About Plato Gold Corp.

Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange with projects in Santa Cruz, Argentina and Timmins, Ontario.
In Argentina, Plato owns a 75% interest in Winnipeg Minerals S.A., an Argentina incorporated company. The Lolita Property is comprised of a number of contiguous mineral rights totaling
9,672 hectares are held by Winnipeg Minerals S.A. Work has advanced on this exploration property to the point that it is drill-ready or ready to be optioned to a partner.
The Northern Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario. In November 2010, Plato signed an agreement granting St Andrew Goldfields Ltd. the option to earn a 75% interest in the above properties. Currently the Holloway and Marriott properties remain in good standing. In July 2012, Plato sold a 50% interest in the Guibord property to Victory Gold Mines Inc. who amalgamated with Northern Gold Mining Inc. on February 6, 2013. In February 2013, Plato sold an 80% interest in the Harker property to Northern Gold Mining Inc.
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
[email protected] 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, and future pl ans and objectives. Generally, these forward-looking statements can be identified by the use of forward -looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticip ates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, use of procee ds, level of activity, performance or achievements of Plato to be materially different from those expressed or implied by such forward -looking statements, including but not limited to risks related to: risks related to exploration; actual resource viability, and other risks of the mining i ndustry . Although management of Plato has attempted to identify important factors that could cause actual results to differ materially from tho se contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estima ted 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 th ose anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, whether as a result of new information, future events or otherw ise, except in accordance with applicable securities laws.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Argentina | All
Gold and Silver Prices for these countries : Argentina | All

Plato Gold Corp.

EXPLORATION STAGE
CODE : PGC.V
ISIN : CA72766E1025
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Plato Gold is a gold exploration company based in Canada.

Plato Gold holds various exploration projects in Argentina and in Canada.

Its main exploration properties are LOLITA in Argentina and GUIBORD SITE, HARKER SITE and HOLLOWAY SITE in Canada.

Plato Gold is listed in Canada. Its market capitalisation is CA$ 3.6 millions as of today (US$ 2.9 millions, € 2.5 millions).

Its stock quote reached its highest recent level on December 23, 2005 at CA$ 0.28, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Plato Gold has 143 591 655 shares outstanding.

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Financings of Plato Gold Corp.
4/18/2011Announces Extension of Private Placement
4/5/2011Announces 1st Closing of Private Placement Totaling $345,000
3/14/2011Announces Proposed Private Placement of Up to $800,000
Nominations of Plato Gold Corp.
5/17/2011Adds Peter Hubacheck to Board of Directors
Financials of Plato Gold Corp.
2/18/2015Reports on 2014 Year End Results
8/27/2013Reports on Second Quarter Results
5/23/2013Reports on First Quarter Results
4/23/2013Reports on 2012 Year End Results
10/31/2012Reports on Third Quarter Results
6/23/2011Reports on First Quarter Results
3/30/2011Reports on 2010 Year End Results and Grant of Options
Project news of Plato Gold Corp.
6/8/2011(Lolita)- Ground Magnetic Survey Complete, IP Survey in Planning, o...
3/7/2011(Lolita)- Ground Magnetic Survey Underway, Lolita Property in Santa ...
2/28/2011(Holloway Site)St. Andrews Goldfields Starts Drill Program on Optioned Plat...
Corporate news of Plato Gold Corp.
5/26/2016Plato Gold Reports on First Quarter 2016 Results
8/26/2015Plato Gold Reports on Second Quarter 2015 Results
8/26/2015Plato Gold Reports on Second Quarter Results
2/22/2015Plato Gold Reports on 2014 Year End Results
2/18/2015Plato Gold Reports on 2014 Year End Results
11/27/2014Plato Gold Reports on Third Quarter Results
11/26/2014Plato Gold Reports on Third Quarter 2014 Results
8/27/2014Plato Gold Reports on Second Quarter Results
5/21/2014Plato Gold Reports on First Quarter Results
4/24/2014Plato Gold Reports On 2013 Year End Results
6/21/2013Reports on Sale of Quebec Claims to Monarques
2/1/2013Sells 80% Interest in Harker Properties and Enters Joint Ven...
10/10/2012Reports Victory Gold Announces Drill Campaign Results
6/28/2011Completes Sale of Harker Garrison Claims to Northern Gold fo...
5/25/2011Sells Harker Garrison Claims to Northern Gold for $72,000 Ca...
5/18/2011Announces Preliminary Assay Results from Drilling Program: N...
5/3/2011Oversubscribed With Final Closing of $231,000 for an Aggrega...
4/12/2011Increases Diamond-Drilling to 10,000 Metres on Nordeau East ...
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