Plato Gold Corp. announced the results of its 2023 winter drill program totaling 419 m and 2 drill holes on the Marriott Gold Property, Matheson, Northeastern Ontario. The Marriott Property is located within the Abitibi Greenstone Belt gold mining camp.

The Marriott Property are located 11 km east of Agnico Eagle's Holt gold mining complex. The Marriott drill core displays typical characteristics of Abitibi gold deposits with elevated sulphides and base metals contents: Disseminated sulphides up to 35% in blue basaltic breccia. Disseminated sulphidesup to 2% in massive basalt and brecciated basalt Up to 7% pyrite and coarse-grained pyrite up to 2 x 3 cm in size in brecciated basalt.

Anomalous copper up to 177 ppm Cu, in brecciated basalt, sample 889849, drill hole PG-23-1 Anomalous nickel up to 116 ppm Ni, in gabbro, sample 889824, drill hole PG-23 -1 Anomalous zinc up to 531 ppm Zn, in massive basalt, sample 889944, drill holePG-23-2 Anomalous cobalt up to 57 ppm Co, in gabbro, samples 88901, drill hole PG-23.Faults are also fluid pathways for gold and base metals. Drill hole PG-23-2 is characterized by the intersection of 5 fault zones: three fault zones are obvious in gabbro and massive basalt (13.9-15 m, 78-79 m and 166.6-168.4 m) and two faults are possible in massive basalt (139-140 m and 140.8-141.1 m). Late-stage hydrothermal quartz veins and secondary minerals are typically present in Abitibi gold deposits.

Quartz veining with carbonate-epidote-sericite-chlorite ±hematite occurs in both drill holes at Marriott. Quartz veins are typically up to 1 cm wide. The longest quartz vein intersection in drill hole PG-23-1 is 118.9-119.3 m, 0.40 m interval.

The longest quartz vein intersection in drill hole PG-23-2 is 30.32-30.6 m, 0.30 m interval (Figure 4). Drill hole PG-23-2 has secondary purple fluorite with epidote and sulphides in brecciated basalt from 134.2-135.36 m, 1.2 m interval . The drill hole collar locations were selected based on geology and geophysics characteristics of Abitibi gold deposits: Deformation zone parallel to Porcupine-Destor Deformation Zone; NE-SW trending faults; Magnetic, electromagnetic (EM) and gravity anomalies; Same stratigraphic unit as the historic Harker gold mine and Iris gold mine.