Precipitate Trench Samples 3.0 metres of 2.78% Copper at Southeast Zone, Juan de Herrera Project
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Precipitate Trench Samples 3.0 metres of 2.78% Copper at Southeast
Zone, Juan de Herrera Project
Vancouver, B.C. – September 19, 2017 - Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV:
PRG) is pleased to announce results from continuous rock chip channel sampling from the Southeast Zone
at the Company's 100% owned Juan de Herrera Property in the Dominican Republic.
Precipitate has received results for continuous roc k chip channel samples collected from Trench 7 at t he
new high-grade copper showing at the Southeast Zone, located approximately 6 kilometres southeast of
the Ginger Ridge Zone. Sampling has yielded a highli ght interval of 3.0 metres (“m”) of 2.78% copper
within a broader 18.0m of 0.7% copper . Surface rock grab samples collected up to 60 metr es to the
southwest report copper values up to 0.76%. See the accompanying map or the Company’s website for the
Southeast Zone trench compilation map.
Highlight continuous rock chip results from Trench 7 at the Southeast Zone are as follows:
3.0m of 2.78% copper within 8.0m of 1.28% copper within a broader 18.0m of 0.70% copper
The true width of the mineralized intervals is uncertain as the orientation of mineralization observed to
date is not fully understood.
Jeffrey Wilson, Precipitate’s President & CEO state d, “We’re pleased with these latest trench sampling
results as they continue to support our belief that the Tireo Gold Camp is an excellent location for gold and
copper exploration. Following the discovery of rock grab samples assaying 13.51% copper and 8.56%
copper* collected within the Southeast Zone, crews r eturned to conduct the channel sampling reported
today, then returned again to collect detailed soil samples from both the Southeast and nearby South
Jengibre zones, as a means of better delineating th ese zones for additional work. The Trench 7 samplin g
data demarks a new high-grade copper showing located within a large area of multi-layered and coincident
soil geochemical and geophysical anomalies that hei ghtens our ongoing technical analysis of the southe rn
portion of the project area for future drill targeting.”
* NOTE: Surface rock grab samples are selective by nature and are unlikely to represent average grades of the zone.
The Southeast copper showing is located within a no rthwest trending, 650m by 125m multi-element soil
anomaly which is currently open in all directions, except to the southeast. The zone is underlain by m ixed
andesite and dacite volcanic rocks with moderate hi gh and locally variable IP chargeability and resist ivity
geophysical anomalies and a magnetic low signature.
Rock and soil samples were bagged, sealed and deliv ered directly to the Bureau Veritas (“BV”) preparat ion facility in Maimon
Dominican Republic where they were dried, crushed ( or sieved in the case of soils) and pulverized. Sam ple pulps were then
delivered to BV facilities in Vancouver BC (an ISO 9001 accredited facility) for analyses. Sample pulps were then delivered to BV
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facilities in Vancouver British Columbia Canada for analyses (an ISO 9001 accredited facility). Samples were crushed to
with more than 70% passing 2mm mesh and split using a riffle splitter (code PRP70-250). An approximate ly 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) and an additional 30 gram pulp
spilt subjected to fire assay for gold (ICP-ES fini sh) (code FA330-Au) for select gold results greater than 0.5 ppm,
additionally select samples with highly anomalous c opper values were subjected to additional multi-aci d AAS analysis
(code MA401); All coarse rejects and pulps are currently stored at BV.
This news release has been reviewed by Michael Moor e P. Geo., Vice President, Exploration of Precipita te
Gold Corporation, the Qualified Person for the tech nical information in this news release under NI 43- 101
standards.
About Precipitate Gold:
Precipitate Gold Corp. is a mineral exploration com pany focused on exploring and advancing its mineral
property interests in the Tireo Gold Trend of the D ominican Republic. The Company also maintains asset s
in British Columbia and southeast Yukon Territory a nd is actively evaluating additional high-impact
property acquisitions with the potential to expand the Company's portfolio and increase shareholder value.
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 [email protected]
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 ex pected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such w ords 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 ac hieved. 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-loo king information is subject to known and unknown ri sks, 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 a ll; general business, economic, competitive, politi cal and social uncertainties; the concessions
acquired by the Company may not have attributes sim ilar to those of surrounding properties; delay or f ailure to receive governmental or regulatory
approvals; changes in legislation, including enviro nmental legislation affecting mining; timing and av ailability of external financing on acceptable
terms; conclusions of economic evaluations; and lac k of qualified, skilled labour or loss of key indiv iduals. Although Precipitate has attempted to
identify important factors that could cause actual results to differ materially from those contained i n forward-looking information, there may be
other factors that cause results not to be as antic ipated, 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.