Plato Gold Corp PGCV Business of the Company Plato Gold Co rp is a jun i or Canadian go ld explorat ion company that i s focuse d on prospec ti v e properti es i n recogni z ed g o l d mi ning distri cts around the worl d Pl ato was i n corporate d i n 1996 an d was li sted on the TS X V e nture Exchange i n 2005 Overview of Projects The Compan y currentl y h ol d s a portfoli o of properti es i n s i gni f i c a n t gol d mi n i n g areas i n Northern Ontario Northern Quebec and Santa Cruz Argenti na Val dOr Project The V al dOr Project i n Northern Quebe c i s the Companys most advanced ex pl orati o n project and has a reporte d NI 431 01 comp li ant gol d resource The pr oject i n c l udes si x pr operties Nordeau Bateman Va uquel i n Pershi ng Dena i n V auquel i n Pershi ng V auquel i n Horseshoe and Hop OMy Thum b i n townshi p s near V al dOr Quebec that total 3 796 hectares com p ri sed of 235 cl ai ms The Nordeau We s t mi nera l resource i n cl ude s i n di cated resources of 30 212 oz A u on average g r ade of 4 17 gt and 22 5 342 tonnes and i n ferre d resources of 146 31 5 oz A u on average grade of 4 0 9 gt and 1 11 2 321 tonnes The Nordea u West prop e r ty has a market i m pli e d I n Si tu val u ation per resour ce uni t of 0 20 p e r share Timmins Gold Project The Ti mmi ns Gol d Project in Northern Ontari o i s an e arl ystage project that i n c l udes five properti es Gui bord Harker HarkerGarri son Holl oway and Marri ott i n what i s some ti mes referred to as the HarkerHoll oway gol d camp l o cated east of Ti mmi n s The project c o nsi sts of four l e ases and 117 cl ai ms for a total of 2416 hectar es i n the regi on Lolita Project T h e L o lit a P r o j e c t in Sa n t a Cr u z Ar g e n t in a is a n e a r l y s t a g e p r o j e c t t h a t in c l u d e s t h r e e a d jo in in g c o n c e s s i o n s in Southern Argenti n a where acti ve expl or ati on activ i ti e s are underway by other internati onal expl orati on c ompani e s T h e L o lit a P r o j e c t is c u r r e n t ly in it s t h ir d p h a s e o f p r o s p e c t in g T h e Co mp a n y is c o n s id e r in g g e o p h y s i c a l e x p l o r a t io n to defi ne spe c i f i c targets wi thi n the co rri dors of hyd rothermal structures for eventual drilling A total of 9 drill programs are schedul e d over the next few years between the S t A n drew opti on 4 Threegol d opti on 2 Nordeau East and West 2 and Lol i ta 1 Progress and Milestones A nnounced a propose d nonbrokered p r i v ate pl acement whereby the Company will o ffer f l o w through units for a total offeri ng of up to 945 00 0 T h e procee ds from the sal e of the Fl owT hrough Uni ts will be used by the Company for expl oration work on i t s properti es i n the V al dOr regi on in Quebec Reache d an agreement gr anti ng Threegol d Resourc e s the opti on to earn 75 i n terest i n two of Pl atos properti es i n the V al D Or Project Pl ato recei v ed an ini t i al payment of 50 000 wi th payments of cash or shares of up 200 0 00 ex pecte d befor e the fourth anni versary date Reache d an agreement gr anti ng S t A n drew Gol d fi elds the opti on to earn 75 i n terest i n Platos Ti mmi ns Gol d Project consi sti ng of four properti es Pl ato recei v ed an i n i ti a l payment of 100 0 00 wi th payments of up to 340 0 00 expect ed b e fore the thi r d anni versary date A ddi ti onal fi nanc i a l obl i g ati o ns of up to 6 25 mill i o n are possi bl e as part of milestone paym ents in v est or SC ORE car d