To view an enhanced version of Map 1, please visit: Map 1: Ponton Property Soil & Rock Geochemical South Anomaly *Note: Rock grab samples are selective by nature and are unlikely to represent average grades on the property. Two distinct gold-in-soil anomalies (North Anomaly and South Anomaly) delineated within the Copey Hill Zone measuring 1,000m by 500m, and 900m by 200m (open to the southwest) respectively Highlight gold-in-rock samples were collected from low sulphide content quartz vein, quartz breccia or silicification alteration mineralization hosted in the favourable Los Ranchos formation volcanic rocks.Ĭurrent gold-in-rock correlation statistics show a strong positive correlation to important pathfinder elements silver, lead and mercury and South Anomaly hosts an apparent concentration of elevated gold and silver sample values measuring an estimated 400m by 200m Additionally, a total of 30 rock samples yielded values ranging from 0.5 g/t to 1.8 g/t gold South Anomaly highlight rock sample* gold values of 53.0 g/t, 17.0 g/t, 7.6 g/t, 7.0 g/t, 4.6 g/t, 4.2 g/t, 4.1 g/t and 3.2 g/t gold and up to 43.0 g/t silver. Additionally, analytical results for the 171 soil samples collected have refined the contour of the soil anomaly and report a high value of 0.7 g/t gold. (TSXV: PRG) (OTCQB: PREIF) (the 'Company' or 'Precipitate') is pleased to announce results of follow up infill surface soil and rock geochemical samples collected from the Copey Hill epithermal gold target of the Company's 100% owned Ponton Project in the Dominican Republic.Īfter recently reporting a 53.0 grams per tonne ('g/t') gold-in-rock sample* from the Copey Hill Zone (see Company news release dated July 21, 2020), field crews returned to the vicinity to conduct additional detailed infill sampling in the surrounding area where the latest 73 rock samples returned multiple additional high-grade gold and silver results*, including individual highlight values up to 17.0 g/t gold and 37.0 g/t silver with a total of 30 rock samples ranging from 0.5 g/t gold to 17.0 g/t gold. August 25, 2020) - Precipitate Gold Corp. Precipitate owns all its property assets 100% (subject to certain NSR royalties).Vancouver, British Columbia-(Newsfile Corp. Option on adjoining ground terminated 2023. MOTHERLODE REGION - 100% interest in 6,250 hectares of mineral exploration licenses within the Burin Peninsula of southern Newfoundland, Canada acquired by direct staking and execution of a purchase agreement.JUAN de HERERRA - adjacent to the Romero/Tireo project operated by GoldQuest.Significant untested multi-element epithermal gold anomaly and

PONTON - 30km east of Barrick's Pueblo Viejo Mine, hosted in the same Los Ranchos Formation geological terrain.Subject to an Earn-In Agreement whereby Barrick Gold Corp can earn 70% by spending US$10M and delivering a pre-feasibility study before sixth anniversary. PUEBLO GRANDE - adjacent to the world-class Pueblo Viejo mine operated by Barrick (central Dominican Republic).Precipitate's strategic and prospective project portfolio provides exposure to landholdings in active and desirable regions, including two projects adjacent to prominent operations. Precipitate Gold Corp (TSXV: PRG, OTCQB: PREIF) - District-Scale Strategic Land Positions in the

Precipitate gold coffin hardrock