Received by email:
File: PLR_News Release DEC 02 2016.pdf
Plate Resources Inc. announces Completion of 2016 Exploration Drilling
Program at Lucky Mike Property near Merritt B.C.
December 2 , 2016 - Vancouver, British Columbia - Plate Resources Inc. (TSX-V:PLR) (the
"Company") is pleased to announce that it has completed Phase 3 exploration of the Lucky
Mike property near Swakum Mountain 26 kilometers north of Merritt B.C. The 29 claims of the
Lucky Mike property comprises 6,085.74 hectares.
The program was funded by Korea Resources Corporation and Nexgeo Inc. (together the
"Consortium") who has the right to earn a 69% interest in the property by expending
approximately C$2.4 million from September 2014 to December 31,2016.
The 2016 drill program consisted of 7 drill holes totaling about 3,850 meters and was completed
under the supervision of James Turner, P. Geo., a Qualified Person. Core samples were
submitted to Bureau Veritas Laboratory in Vancouver (formerly Acme Analytical Laboratory)
with the results pending.
The primary objective the 2016 drilling was to investigate geological extensions of copper and
molybdenum mineralization encountered in previous work programs.
Diamond drill hole data for the 2016 work program are as follows:
Easting Northing Elevation Azimuth Dip
Drill hole Depth (m)
(m) (m) (m) (deg.) (deg)
DDH LM 2016-01 663990 5574650 1,574 0 -90 822.05
DDH LM 2016-02 663740 5574650 1,574 0 -90 603.50
DDH LM 2016-03 663480 5574800 1,550 340 -80 523.65
DDH LM 2016-04 663775 5575000 1,564 344 -75 479.45
DDH LM 2016-05 664050 5574900 1,589 350 -75 477.93
DDH LM 2016-06 664001 5574916 1,581 210 -75 479.15
DDH LM 2016-07 664044 5574869 1,582 18 -72 464.21
Total 3,849.94
About Plate Resources Inc:
Plate Resources Inc. (TSX-V: PLR) is a Canadian based company focused on the search and
exploration of mineral properties mineral properties.
The forward-looking statements contained in this press release are made as of the date hereof
and Plate Resources undertakes no obligations to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the PLATE RESOURCES INC. 2
For further information, please visit www.plateresourcesinc.com
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ "Collin Kim"
Director
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