Plato Gold Reports on Second Quarter Results

Core Viewpoint - Plato Gold Corp. reported its financial results for the six and three months ended June 30, 2025, showing no income and significant net losses compared to the same periods in 2024 [1]. Financial Summary - For the six months ended June 30, 2025, the company reported no income, a net loss of $1,189,034, and a comprehensive loss of $1,195,228, compared to a net loss of $95,823 and a comprehensive loss of $95,823 for the same period in 2024 [1]. - For the three months ended June 30, 2025, the company again reported no income, a net loss of $1,159,065, and a comprehensive loss of $1,165,259, compared to a net loss of $43,159 and a comprehensive loss of $43,159 for the same period in 2024 [1]. - The loss per common share for both the six and three months ended June 30, 2025, was $0.01, while it was $0.00 for the same periods in 2024 [1]. - The weighted average number of common shares outstanding for the six months ended June 30, 2025, was 230,665,717, compared to 228,649,233 for the same period in 2024 [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, 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]. - The Good Hope Niobium Project covers approximately 6,035 hectares near Marathon, Ontario, targeting niobium [4]. - The Pic River Platinum Group Metals Project consists of 2,352 hectares near Marathon, with claims contiguous to Generation Mining's Marathon PGM project [5].