PRG Precipitate Gold Corp

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce the commencement of follow up exploration on its concession
applications in the Dominican Republic's Tireo Gold Trend. 


Following encouraging recent results from the Company's initial sampling
programs, exploration personnel have returned to the Dominican Republic to carry
out follow up geological mapping, detailed ridge & spur soil sampling and rock
chip sampling at the priority Melchor and Ginger Ridge gold zones on the Juan de
Herrera concession. As reported earlier, sampling and mapping at Ginger Ridge
has identified a prospective area extending at least 1,100 metres long, with
rock grab samples up to 11.8 g/t gold and greater than 100g/t silver. Sampling
at the Melchor zone has identified an area of surface quartz vein outcrop and
float, where rock grab samples have yielded results up to 6.3 g/t gold. Crews
will also investigate other drainages on Precipitate's concession applications
that yielded anomalous results that were not followed up on earlier trips.


Jeffrey Wilson, Company President & CEO states, "We are pleased that our
recently reported results warrant the commencement of a three week long detailed
work program at the newly discovered Melchor and Ginger Ridge gold zones.
Results of this program will help the Company determine the scope and nature of
surface gold mineralization at the two zones and, importantly, provide technical
guidance for possible future IP style geophysical surveying. IP geophysics has
become a well-established tool for identifying potential drill targets - both
outcropping and blind - in the Tireo Gold Trend."


The Company also wishes to announce it has entered into a Consulting Agreement
with Grandich Publications LLC ("Grandich") dated February 11, 2013. Pursuant to
the terms of the Agreement, Grandich has agreed to provide investor relation
services to the Company for a period of three months in consideration of the
payment of C$2,000 per month and the grant of 100,000 stock options to purchase
up to 100,000 common shares of the Company at a price of C$0.40 subject to
vesting according to the Company's stock option plan. Headed by Peter Grandich,
Grandich Publications, LLC will assist the Company in strategic marketing and
communications. The Agreement and the grant of stock options to Peter Grandich
are subject to the acceptance of the TSX Venture Exchange.


Note: Rock grab samples are selective by nature and are unlikely to represent
average grades on the property.


Additional information can be viewed at the Company's website
www.precipitategold.com. 


Michael Moore, VP Exploration of the Company and Qualified Person for purposes
of National Instrument 43-101 has reviewed the technical information in this
news release.


On Behalf of the Board of Directors of Precipitate Gold Corp., 

Jeffrey Wilson, President & CEO

This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein are forward looking information.
Generally, forward-looking information may be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect",
"proposed", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases, or by the use of words or phrases which state that
certain actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects Precipitate Gold Corp.'s
("Precipitate" or the "Company") current beliefs and is based on information
currently available to Company and on assumptions it believes are reasonable.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Precipitate to be materially different from those
expressed or implied by such forward-looking information. Such risks and other
factors may include, but are not limited to: the exploration concessions may not
be granted on terms acceptable to the Company, or at all; general business,
economic, competitive, political and social uncertainties; the concessions
acquired by the Company may not have attributes similar to those of surrounding
properties; delay or failure to receive governmental or regulatory approvals;
changes in legislation, including environmental legislation affecting mining;
timing and availability of external financing on acceptable terms; conclusions
of economic evaluations; and lack of qualified, skilled labour or loss of key
individuals. Although Precipitate has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information. Precipitate does not
undertake to update any forward-looking information, except in accordance with
applicable securities laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
Daniel Caamano
Investor Relations
604-558-0338 or Toll Free: 855-558-0335
investor@precipitategold.com
www.precipitategold.com

Precipitate Gold (TSXV:PRG)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Precipitate Gold (TSXV:PRG)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024