It could be Nwoboy, it may very well be. I like the direction in
which these guys are headed. They already have the 43-101
completed on the Nordeau East, so now they are trying to increase
the reserves on the West side as well. We should get some interest
and speculation into this once drilling begins on the Nordeau West.
Don't forget to that they have the Santa Cruz project in Argentina which
is not very far from MAI.t producing mine. Here is a press release that
was just put out this week about another interesting move in Val d'Or
Quebec. Another strategic move if the West side of Nordeau should come
up with anything like the East side:
Plato acquires two claims from Rocmec
2009-07-22 16:48 ET - News Release
Also News Release (C-RMI) Rocmec Mining Inc
Mr. Anthony Cohen reports
PLATO GOLD ANNOUNCES ACQUISTION OF CLAIMS FROM ROCMEC NEAR PLATO'S NORDEAU WEST PROPERTY
Plato Gold Corp. has recently acquired a 100-per-cent interest in two claims near Plato's Nordeau West property, in the region of Val d'Or, Que., from Rocmec Mining Inc. The claims are within the Vauquelin township that borders on other claims wholly owned by Plato in the area.
As payment for the claims Plato will issue to Rocmec Mining 250,000 Plato common shares. In addition, Rocmec Mining will retain a 2-per-cent net smelter royalty on the claims. This acquisition is subject to approval by the TSX Venture Exchange.
With the addition of the two new claims, Plato now holds 299 claims with an area of 5,956 hectares in the Val d'Or region.
"We are pleased with this purchase of the claims from Rocmec Mining Inc.," said Anthony Cohen, president and chief executive officer of Plato Gold Corp. "The claims are located northwest of our current activities on the Nordeau West property with the NI 43-101-compliant resource in Val d'Or, Quebec. We are planning the next stage of our Quebec drill program in the fall to further develop our gold project in the region. As well, we look forward to continuing our relationship with Rocmec Mining Inc."
We seek Safe Harbor.
