Plato Gold Reports on 2012 Year End Results

Plato Gold Corp. (TSX VENTURE:PGC) (" Plato" or the "Company"), an exploration
company with a portfolio of properties in significant gold mining camps in Santa
Cruz, Argentina, Northern Quebec, and Northern Ontario is pleased to report the
three and twelve months financial results for fiscal 2012 and 2011 under
International Financial Reporting Standards (IFRS), as summarized below:




                      Three Months Ended                Year Ended          
                          (Unaudited)                    (Audited)          
                       December       December       December       December
                       31, 2012       31, 2011       31, 2012       31, 2011
                                                                            
                                                                            
                                                                            
Income             $        415   $        463   $      1,378   $    106,779
Net Loss and                                                                
 Comprehensive                                                              
 Loss              $  3,460,799   $    187,848   $  3,735,370   $    558,277
Net Loss and                                                                
 Comprehensive                                                              
 Loss per common                                                            
 share                                                                      
 Basic             $       0.03   $          -   $       0.03   $          -
 Diluted           $       0.03   $          -   $       0.03   $          -
Weighted average                                                            
 number of                                                                  
 common shares                                                              
 outstanding                                                                
 during the                                                                 
 period                                                                     
 Basic              143,591,655    135,370,805    143,591,655    135,524,422
 Diluted            143,591,655    135,370,805    143,591,655    135,524,422



For full details, please visit us at www.platogold.com.

About Plato Gold Corp.

Plato is a Canadian gold exploration company listed on the TSX Venture Exchange
with exploration projects in Northern Ontario, Northern Quebec and the Lolita
Property in the province of Santa Cruz, Argentina.


The Northern Ontario project includes 4 properties: Guibord, Harker, Holloway
and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario.
In November 2010, Plato signed an agreement granting St Andrew Goldfields Ltd.
the option to earn a 75% interest in the above properties. Currently the
Holloway and Marriott properties remain in good standing. In July 2012, Plato
sold a 50% interest in the Guibord property to Victory Gold Mines Inc. who
amalgamated February 6, 2013 with Northern Gold Mining Inc. In February 2013,
Plato sold an 80% interest in the Harker property to Northern Gold Mining Inc.


The Northern Quebec project includes 6 properties: Vauquelin, Vauquelin
Pershing, Vauquelin Horseshoe, Pershing Denain, Hop O'My Thumb and Vauquelin II.
All 6 properties are located near Val d'Or, Quebec, comprised of 230 mineral
claims, totaling 3,822 hectares.


In Argentina, Plato owns a 75% interest in Winnipeg Minerals S.A., an Argentina
incorporated company. The Lolita Property is comprised of a number of contiguous
mineral rights totaling 27,857 hectares are held by Winnipeg Minerals S.A. Work
has advanced on this exploration property to the point that it is drill-ready or
ready to be optioned to a partner.


For additional company information, please visit: www.platogold.com.

Forward Looking Statements

This news release contains "forward-looking statements", within the meaning of
applicable securities laws. These statements include, but are not limited to,
statements regarding the, potential mineralization and resources, exploration
results, and future plans and objectives. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking statements are based on the opinions
and estimates of management as of the date such statements are made, and they
are subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, use of proceeds, level of activity, performance or
achievements of Plato to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to risks related
to: risks related to exploration; actual resource viability, and other risks of
the mining industry . Although management of Plato has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking statements, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. The Company does not undertake to update any forward-looking
statements that are incorporated by reference herein, whether as a result of new
information, future events or otherwise, except in accordance with applicable
securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Plato Gold Corp.
Anthony Cohen
President and CEO
416-968-0608
416-968-3339 (FAX)
[e-mail]
www.platogold.com