Plato Gold Announces Results of Drill Program at Lolita Project, Santa Cruz, Argentina
Original announcement by tmx on
- Company
- Plato Gold Corp.
- Ticker
- PGC
- Exchange
- TSX
- Region
- Santa Cruz, Argentina
- Primary commodity
- Gold
- Secondary commodities
- Silver, Arsenic, Antimony, Mercury, Sulfur
- Document categories
- Drill results
- Extracted
- 2026-08-21 06:58:38 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Plato Gold completed a 12-hole drill program at the Lolita Project in Argentina, identifying stratabound silica veinlets and hydrothermal breccias. While the zones show anomalous pathfinder elements like arsenic and sulphur, gold and silver grades remain non-economic.
Reasoning: The drill program identified significant volumes of alteration and pathfinder elements (As, Sb, Hg, S), but failed to intersect economic grades of gold or silver, rendering the results non-economic.
Positive factors
- identification of stratabound alteration/mineralization
- correlation with IP chargeability highs
Negative factors
- gold and silver values are non-economic
- precious metals are lacking in anomalous zones
- presence of deleterious elements (As, Sb, Hg, S)
Facts used in scoring: 12
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions QC samples including Certified Reference Materials, duplicates and blanks passed internal review.
Evidence · text
“The Plato Gold QC samples, comprising Certified Reference Materials, duplicates and blanks, passed an internal review”
Deleterious Elements Presentnegative
Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
Why it applies: Core samples contain anomalous arsenic, sulphur, antimony and mercury.
Evidence · text
“Core samples of these zones contain anomalous arsenic, sulphur and sometimes antimony and mercury.”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
LO-25-003Lolita Project · arsenicGrade: 395Grade Unit: ppmIntercept: 25.35 mView all detailsHide details
Identity
- Hole ID
- LO-25-003
- Project
- Lolita Project
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 395
- Grade Unit
- ppm
- Intercept
- 25.35 m
- From
- 33.5 m
- To
- 58.85 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-003:33.5-58.85
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: High arsenic concentration noted in pathfinder table.
Positive factors
- anomalous pathfinder element
Negative factors
- deleterious element
Evidence · table
“395”
Context: 25.35
LO-25-003Lolita Project · sulfurGrade: 0.69Grade Unit: %Intercept: 25.35 mView all detailsHide details
Identity
- Hole ID
- LO-25-003
- Project
- Lolita Project
- Commodity
- sulfur
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 0.69
- Grade Unit
- %
- Intercept
- 25.35 m
- From
- 33.5 m
- To
- 58.85 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-003:33.5-58.85
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Sulphur reported as anomalous pathfinder.
Negative factors
- deleterious element
Evidence · table
“0.69”
Context: 25.35
LO-25-003Lolita Project · antimonyGrade: 130Grade Unit: ppmIntercept: 25.35 mView all detailsHide details
Identity
- Hole ID
- LO-25-003
- Project
- Lolita Project
- Commodity
- antimony
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 130
- Grade Unit
- ppm
- Intercept
- 25.35 m
- From
- 33.5 m
- To
- 58.85 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-003:33.5-58.85
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Antimony reported as anomalous pathfinder.
Negative factors
- deleterious element
Evidence · table
“130”
Context: 25.35
LO-25-009Lolita Project · arsenicGrade: 308Grade Unit: ppmIntercept: 37.9 mView all detailsHide details
Identity
- Hole ID
- LO-25-009
- Project
- Lolita Project
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 308
- Grade Unit
- ppm
- Intercept
- 37.9 m
- From
- 77.25 m
- To
- 115.15 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-009:77.25-115.15
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: High arsenic concentration noted in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“308”
Context: 37.90
LO-25-009Lolita Project · sulfurGrade: 0.66Grade Unit: %Intercept: 37.9 mView all detailsHide details
Identity
- Hole ID
- LO-25-009
- Project
- Lolita Project
- Commodity
- sulfur
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 0.66
- Grade Unit
- %
- Intercept
- 37.9 m
- From
- 77.25 m
- To
- 115.15 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-009:77.25-115.15
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Sulphur reported as anomalous pathfinder.
Negative factors
- deleterious element
Evidence · table
“0.66”
Context: 37.90
LO-25-009Lolita Project · antimonyGrade: 71Grade Unit: ppmIntercept: 37.9 mView all detailsHide details
Identity
- Hole ID
- LO-25-009
- Project
- Lolita Project
- Commodity
- antimony
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 71
- Grade Unit
- ppm
- Intercept
- 37.9 m
- From
- 77.25 m
- To
- 115.15 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-009:77.25-115.15
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Antimony reported as anomalous pathfinder.
Negative factors
- deleterious element
Evidence · table
“71”
Context: 37.90
LO-25-011Lolita Project · arsenicGrade: 166Grade Unit: ppmIntercept: 37.3 mView all detailsHide details
Identity
- Hole ID
- LO-25-011
- Project
- Lolita Project
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 166
- Grade Unit
- ppm
- Intercept
- 37.3 m
- From
- 42.5 m
- To
- 79.8 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-011:42.5-79.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Arsenic reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“166”
Context: 37.30
LO-25-011Lolita Project · sulfurGrade: 0.42Grade Unit: %Intercept: 37.3 mView all detailsHide details
Identity
- Hole ID
- LO-25-011
- Project
- Lolita Project
- Commodity
- sulfur
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 0.42
- Grade Unit
- %
- Intercept
- 37.3 m
- From
- 42.5 m
- To
- 79.8 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-011:42.5-79.8
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Sulphur reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“0.42”
Context: 37.30
LO-25-011Lolita Project · antimonyGrade: 15Grade Unit: ppmIntercept: 37.3 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- LO-25-011
- Project
- Lolita Project
- Commodity
- antimony
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 15
- Grade Unit
- ppm
- Intercept
- 37.3 m
- From
- 42.5 m
- To
- 79.8 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-011:42.5-79.8
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Antimony reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“15”
Context: 37.30
LO-25-012Lolita Project · arsenicGrade: 237Grade Unit: ppmIntercept: 45 mView all detailsHide details
Identity
- Hole ID
- LO-25-012
- Project
- Lolita Project
- Commodity
- arsenic
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 237
- Grade Unit
- ppm
- Intercept
- 45 m
- From
- 51 m
- To
- 96 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-012:51.0-96.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Arsenic reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“237”
Context: 45.00
LO-25-012Lolita Project · sulfurGrade: 0.64Grade Unit: %Intercept: 45 mView all detailsHide details
Identity
- Hole ID
- LO-25-012
- Project
- Lolita Project
- Commodity
- sulfur
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 0.64
- Grade Unit
- %
- Intercept
- 45 m
- From
- 51 m
- To
- 96 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-012:51.0-96.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Sulphur reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“0.64”
Context: 45.00
LO-25-012Lolita Project · antimonyGrade: 22Grade Unit: ppmIntercept: 45 mView all detailsHide details
Identity
- Hole ID
- LO-25-012
- Project
- Lolita Project
- Commodity
- antimony
- Region
- argentina
- Reported Region
- Santa Cruz, Argentina
- Ticker
- PGC
Geometry
- Grade
- 22
- Grade Unit
- ppm
- Intercept
- 45 m
- From
- 51 m
- To
- 96 m
Classification
- Sample Type
- drill
- Group ID
- LO-25-012:51.0-96.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-09-12T00:00:00.000Z
Reasoning: Antimony reported in pathfinder table.
Negative factors
- deleterious element
Evidence · table
“22”
Context: 45.00
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.