Plato Gold Announces Results of 2-Hole Drill Program on the Marriott Gold Property, Matheson, Ontario - Seite 3

Figure 3 Quartz vein with green epidote, yellow-brown ankerite and small dark red garnets at 119 m, PG-23-1.

Plato-Announces-Drill-Program-Results-at-Marriott-Jan25-2024-FINAL-1.pdf (platogold.com)

Figure 4 Quartz vein with epidote-sericite-chlorite-hematite at 30.32 m, sample 889907, PG-23-2.

Plato-Announces-Drill-Program-Results-at-Marriott-Jan25-2024-FINAL-1.pdf (platogold.com)

Figure 5 Secondary purple fluorite with green epidote and sulphides at 135m, sample 889925, PG-23-2.

Plato-Announces-Drill-Program-Results-at-Marriott-Jan25-2024-FINAL-1.pdf (platogold.com)

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.

The Marriott Property is located within the Abitibi Greenstone Belt, which is an established gold mining camp. The geology of the drill hole locations is within a south deformation zone parallel to the Porcupine-Destor Deformation Zone along the north edge of the Property (Figure 6). The 2022 UAV drone magnetic survey first vertical derivative identified NE-SW trending crosscut faults near the proposed holes. These faults are possible transportation pathways for gold-bearing fluids. Within the Abitibi Greenstone Belt, gold mineralization tends to be associated with the Porcupine-Destor Fault, splay faults and crosscut faults.

The most common lithologies in the drill core is massive basalt, brecciated basalt and gabbro all of which are crosscut by quartz-carbonate ±epidote veins and altered to epidote, chlorite, carbonates and ±sericite. The massive basalt is dark grey to black, fine-grained and strongly magnetic. The brecciated basalt is dark green, fine-to medium-grained and weakly to non-magnetic.

The 2023 Marriott drill hole collar coordinates are given in Table 1. No significant gold was found in both drill holes however typical characteristics pf gold deposits indicate that gold has the potential to occur at depth on the Property.

Table 1 Marriott drill hole collar locations, UTM NAD 83, Z17.

Drill Hole No	Easting (m)	Northing (m)	Elevation (m)	Azimuth (°)	Dip (°)	Length (m)
PG-23-1	603605	5372666	307	0	-45	222
PG-23-2	603711	5373026	314	0	-45	197
					total	419