Plato Gold Corp.
TSX VENTURE : PGC

Plato Gold Corp.

November 17, 2005 19:41 ET

Plato Gold Third Quarter Results

TORONTO, ONTARIO--(CCNMatthews - Nov. 17, 2005) - Plato Gold Corp (TSX VENTURE:PGC) is pleased to announce the three and nine months financial results for fiscal 2005 and 2004 as summarized below:



Three Months Ended Nine Months Ended
--------------------- ---------------------
(Unaudited) (Unaudited)
September September September September
30, 2005 30, 2004 30, 2005 30, 2004
------------------------------------------------------------------------

Revenue $ 2,394 $ - $ 3,800 $ -
Loss for the period $ 104,611 $ 22,446 $ 445,279 $ 78,260
Loss per common share
Basic $ - $ - $ 0.02 $ 0.01
Diluted $ - $ - $ 0.03 $ 0.01
Weighted average number
of common shares
outstanding during the
period
Basic 22,861,000 13,826,323 18,024,777 13,825,055
Diluted 21,547,600 13,826,323 17,428,214 13,825,055


Plato Gold Corp. is a Canadian junior gold exploration company listed on the TSX Venture Exchange. The Company's current focus is on exploration in Northern Ontario which includes four properties (Guibord, Harker, Holloway and Marriott) in what is sometimes referred to as the Harker/Holloway gold camp. Several junior, intermediate and senior companies are active in this camp located east of Timmins, Ontario. Plato Gold Corp. is in the early stage of exploring its project.

The Company is currently completing its fall drilling program at the Guibord and Marriott sites. Early drilling results have been announced and the Company will continue to disclose the drilling results when they become available.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Plato Gold Corp.
    Mr. Anthony Cohen
    President and Chief Executive Officer
    (416) 968-3337
    (416) 968-3339 (FAX)
    or
    Plato Gold Corp.
    Suite 300, 1300 Bay Street
    Toronto, Ontario
    M5R 3K8