Plato Gold Corp. announced it has completed terms for the 100% acquisition of the Pic River PGM-Copper Property in Northwestern Ontario, from owner Rudy Wahl. The property is located 21 km northwest of Marathon and is contiguous with the western boundary of Generation Mining Limited's Marathon Palladium-Copper Project.

As per the agreement with Dr. Wahl, Plato has made a total cash payment of $125,000, issued 1,650,000 Plato Common Shares, and by completing exploration expenditures in excess of $250,000, has fulfilled the minimum exploration expenditure requirement of $160,000. Generation Mining is in the final stages of development related to their Marathon Pd-Cu-Pt-Au-Ag Deposit adjacent to Plato's Pic River Property. The Marathon Deposit currently hosts a Measured and Indicated resource of 188.6 Mt @ 0.58 g/t Pd, 0.20% Cu, 0.19 g/t Pt, .07 g/t Au and 1.73 g/t Ag; and an Inferred resource of 1.7 Mt @ 0.37 g/t Pd,0.16% Cu, 0.14 g/t Pt, .7 g/t Au and 1.,25 g/t Ag.

A recent press release (March 7, 2024) by Generation Mining indicates they have initiated a diamond drilling exploration program targeting known deposits and prospects of copper along the main trend west and north of the Marathon Deposit. In general, the underexplored western margin of the Coldwell Complex and the western extension of the Eastern Gabbro, host potential for similar PGE-Cu-Au mineralization. Due to the rugged nature of the terrain in this area, it has been subject to only minimal historical exploration activity.