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Vancouver, B.C. – TheNewswire - April 22, 2025 – Precipitate Gold Corp. (the “Company& or “Precipitate&) (TSXV: PRG, OTCQB: PREIF) is pleased to announce follow up surface rock and hand trench sampling results from the newly identified Centro Zone within its 100% owned Juan de Herrera Project (“Juan de Herrera& and the “Project&) in the Dominican Republic.
The Company&s ongoing Juan de Herrera project exploration continues to yield positive results. At the recently identified Centro Zone follow up surface sampling has further defined the mineralized zone and reported a highlight trench result of 4.4% copper and 0.3 g/t gold over 1.8 metres (“m&), within a longer interval of 1.6% copper and 0.2 g/t gold over 5.3 metres (see accompanying Figure 1). Continued follow up exploration, including surface sampling programs at Centro and other priority gold-copper rich zones is ongoing. Highlight results from the latest work at the Centro Zone are as follows:
Centro Zone, Highlights
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Trench sampling yields 4.4% copper and 0.3 g/t gold over 1.8 metres, within broader intervals of 1.6% copper and 0.2 g/t gold over 5.3 metres and 0.4% copper and 0.2 g/t gold over 26.3 metres.
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To date, a total of 113 rock grab samples* collected report results ranging from nil to 2.0% copper and nil to 2.6 g/t goldfrom andesite volcanic lithologies which show variable silicification and pyrite-chalcopyrite mineralization.
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Cluster of three gold-in-soil anomalies, collectively covering a trend of about 1.2 kilometres long by approximately 100m wide; open to the northwest. Coincident with strong resistivity high anomalies (mapping silica alteration?) and modest IP chargeability high anomalies.
Jeffrey Wilson, Precipitate&s President and CEO stated, “Our programs of ground truthing and follow up surface sampling within and around Juan de Herrera&s numerous geochemical and geophysical anomalies continues to pay dividends. The recently identified Centro Zone is quickly evolving into a priority area that in combination with the nearby Southeast Zone are two strong potential drill targets for copper with gold mineralization. Field crews are diligently following up on the new compelling sampling results at the Centro and other priority zones throughout the Project. We look forward to additional positive results as our work continues.&
The newly delineated Centro Zone is located approximately 425 metres east of the Southeast Zone where previously reported sampling reported rock grab samples* up to 13.0% copper and 0.9 g/t gold and rock trench sampling yielded 2.8% copper over 3.0m within 8.0m of 1.3% copper.
Figure 1: Gold-in-Soil Geochemical and IP Geophysical map, Centro Zone of the Juan de Herrera Project
Photo 1: Rock Cutting and Chip sampling at the Centro Zone of the Juan de Herrera Project
The Company&s website has additional information, maps and figures of recent and historical Juan de Herrera project data.
* Rock grab samples are selective by nature and are unlikely to represent average grades on the property.
For reference: g/t = grams per tonne, Au = gold, Cu = coper, m = metres, IP = induced polarization
This news release has been reviewed by Michael Moore, Vice President, Exploration of Precipitate Gold Corporation, the Qualified Person for the technical information in this news release under NI 43-101 standards.
Rock and soil samples were bagged, sealed and delivered directly to Bureau Veritas (“BV&) preparation facility in Maimon Dominican Republic where they were dried, crushed (or sieved in the case of soils; preparation code SS80) and pulped. Sample pulps were then delivered to BV facilities in Vancouver British Columbia Canada for analyses (an ISO 9001 accredited facility). Rock samples were crushed to with more than 70% passing 2mm mesh and split using a riffle splitter (code PRP70-250). An approximately 250-gram sub-sample split was pulverized to minus 200 mesh (74µm). A 15-gram sub-split from the resulting pulp was then subjected to aqua regia digestion and multi-element ICP-ES/MS analysis (code AQ201); samples with results with gold greater than 2 g/t were subjected to a gold (and selective silver) fire assay analysis and a gravimetric finish (30 g pulp; ICP-ES finish; code FA530-Au, Ag) and samples with results with copper greater than 5,000 ppm were subjected to 0.5 gram pulp 4-acid digestion and a selective ICP-MS analyses (code MA404). All coarse rejects and pulps are currently stored at BV.
About the Juan de Herrera Project:
The Juan de Herrera Project is owned 100% by Precipitate Gold Corp. and comprised of approximately 12,706 hectares located immediately adjacent to GoldQuest Mining&s Romero gold-copper project within the Upper Cretaceous aged package of volcanic and sedimentary Tireo Gold Formation in San Juan Province of Dominican Republic. The project hosts intermediate sulphidation epithermal and VMS style exploration targets. Work to date, including extensive project wide geochemical and geophysical surveying and limited diamond drilling, has delineated and outlined multiple anomalous zones of gold and/or copper mineralization warranting additional exploration and drilling.Approximately 5.0 million gold equivalent ounces have been discovered and advanced in the Tireo Formation belt in the last decade, while vast areas of similarly prospective and proximal terrain, such as that situated within Precipitate&s Juan de Herrera project, remain largely underexplored.
About Precipitate Gold:
Precipitate Gold Corp. is a mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic, including its 100% owned Juan de Herrera project located immediately adjacent to GoldQuest Mining&s Romero Project, its 100% owned Pueblo Grande project located immediately adjacent to the Pueblo Viejo mine operated by Barrick, and its 100% owned Ponton project located 30km east of the Pueblo Viejo mine. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the Company's portfolio and increase shareholder value, in other favourable jurisdictions.
Additional information can be viewed at the Company&s website www.precipitategold.com.
On Behalf of the Board of Directors of Precipitate Gold Corp.,
“Jeffrey Wilson&
President & CEO
For further information, please contact:
Tel: 604-558-0335 Toll Free: 855-558-0335 investor@precipitategold.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
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