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Plato Gold Reports on 2024 Year-End Results

Financial Results - Plato Gold Corp. reported total income of $1.573 million for the year ended December 31, 2024, a decrease from $2.052 million in 2023 [1] - The net loss for the year ended December 31, 2024, was $215.021 million, compared to a net loss of $347.405 million in 2023 [1] - For the three months ended December 31, 2024, the company recorded a net loss of $83.845 million, an improvement from a loss of $183.650 million in the same period of 2023 [1] Company Overview - Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange, with projects located in Timmins, Ontario, Marathon, Ontario, and Santa Cruz, Argentina [3] - The Timmins project includes four properties: Guibord, Harker, Holloway, and Marriott, focusing on gold exploration [3] - In Argentina, the company holds a 95% interest in Winnipeg Minerals S.A., which has mineral rights totaling 9,672 hectares with potential for gold and silver [4] Additional Projects - The Good Hope Niobium Project covers approximately 6,035 hectares in the Killala Lake Area and Cairngorm Lake Area Townships, targeting niobium [4] - The Pic River Platinum Group Metals (PGM) Project consists of 2,352 hectares near Marathon, with claims contiguous to Generation Mining's Marathon PGM project [5]