Plato Gold Corp. (TSX VENTURE:PGC) an exploration company with a portfolio of properties in the prolific gold mining camps of Northern Ontario, Northern Quebec, and Santa Cruz has announced the commencement of a diamond-drilling program at its Nordeau East gold property, 40 km east of Val-d'Or, Quebec.
The Property comprises 19 claims covering over 306.37 hectares in the eastern part of the Abitibi Greenstone Belt, one of the most prolific gold mining areas in Canada.
The planned exploration campaign will comprise 9 holes and total 5,000 metres. Information from Plato's previous drilling campaigns, and from historic Assessment-work Reports, have been compiled into a 3-D Gemcom® model, which was used by A.S Horvath Engineering to determine drill targets for the current campaign. The diamond-drilling will help delineate the gold-bearing, sulphide-mineralized, zones of high-strain (i.e., "shear-zones") that transect the Property.
This new drilling program follows-up on results from the 2009/2010 campaigns on the Nordeau East Property that included 12.28 gpt Au over 6.5 m (hole NE09-01), and 9.11 gpt Au over 5.6 m from hole NE09-02 (see Plato Press Release of January 26, 2010).
The Nordeau East Property lies within a highly sheared sequence of altered greywacke, iron formation and mafic volcanic rocks along the eastern extension of the prolific "Larder Lake - Cadillac Break", in the Abitibi Greenstone Belt. The gold mineralization typically occurs within quartz veins containing disseminated to locally semi-massive sulphides. Gold is found as free grains within quartz veins and with associated sulphide mineralization that consists of arsenopyrite, pyrite, pyrrhotite, and minor chalcopyrite. The Nordeau East Property hosts historical resources of 345,900 tonnes at 6.0 g/t Au.
Core logging is being handled at the facilities of MRB & Associates, a geo-consulting firm headquartered in Val-d'Or. The drilling program is being supervised by John Langton M.Sc., P. Geo, of MRB & Associates, who is the Qualified Person as defined by National Instrument 43-101 for the Nordeau Project, and has approved the contents of this release.
Source: Plato Gold Corp.