Precipitate’s IP Geophysical Survey at Ginger Ridge and Ginger Ridge East Identifies New Exploration Targets, Juan de Herrera Project, Dominican Republic Vancouver, B.C. – September23, 2025 – Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG,
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Precipitate’s IP Geophysical Survey at
Ginger Ridge and Ginger Ridge East Identifies New Exploration Targets,
Juan de Herrera Project, Dominican Republic
Vancouver, B.C. – September23, 2025 – Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG,
OTCQB: PREIF) is pleased to announce preliminary results from the induced polarization (“IP”) ground
geophysical survey at the Ginger Ridge and Ginger Ridge East Zones within its 100% owned Juan de Herrera
Project (“Juan de Herrera” and the “Project”) in the Dominican Republic.
Having now completed three quarters of the planned IP geophysical survey on the Project’s priority
exploration targets, Ginger Ridge, Ginger Ridge East, Southeast, Centro , and Jengibre South zones, the
Company is now carrying out detailed data compilation for the zones surveyed thus far (only the Jengibre
South zone remains un-surveyed). Reported in this release are combined IP geophysical survey data for the
recent 2025 Ginger Ridge East zone and the complimentary historical 2017 data from the Ginger Ridge zone
(see accompanying Figure 1 and Figure 2 below). More c omprehensive interpretation of the final IP
geophysical and related project data for all zones will follow when available.
Ginger Ridge East and Ginger Ridge Zones IP Survey Highlights
• Combined 2025 and 2017 geophysical surveying outlines three northwest trending and paralleling
chargeability high anomal y trends which algin with local and regional Tireo volcanic rock
stratigraphy.
• The high chargeability anomalies correlate well with gold-in-soil geochemical anomalies at surface
(greater than 70 th percentile threshold at 5.3 ppb Au) . At the G inger Ridge East both the surface
multi-element geochemical anomaly and the IP chargeability anomaly are open to the south.
• Past diamond drilling at Ginger Ridge tested the zone’s strongest near -surface chargeability high
anomaly (south of grid line 10) and reported drill highlight assay results of 13.4 g/t gold over 5.0
metres, within a broader interval of 4.5 g/t gold over 18.0 meters in hole GR14- 05. (see the
Company's news releases dated September 23, 2014).
• At Ginger Ridge and Ginger Ridge East , deeper penetrating gradient array IP surveying has
effectively identified many new chargeability anomalies extending to depths exceeding 350 meters
from surface.
• Many other chargeability high anomalies at both Ginger Ridge and Ginger Ridge East have not been
adequately tested by past drill campaigns , representing high potential exploration targets. Prior
Ginger Ridge drilling predominantly tested surface geochemical anomalies without the benefit of
subsequent IP geophysical survey insights. As such , some historical drill holes passed over or
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terminated short of more intense and likely more favourable portions of various IP chargeability
anomalies.
• Numerous highly prospective chargeability anomalies appear as lengthy discrete inferred
sulphide-rich mineralized bodies, with subvertical dip orientations, as indicated by the two
dimensional (“2D”) Quantitative Vertical sections in Figure 2 . Anomalous high chargeability
readings at the newly surveyed Ginger Ridge East zone average about 4 to 5 mv/v, with some local
readings measuring up to 8 mv/v. Past surveying on the Ginger Ridge zone report values exceeding
13.5 mv/v, which correlate well with drilled massive pyrite mineralization.
Jeffrey Wilson, Precipitate’s President and CEO stated, “ IP geophysical surveying on our Juan de Herrera
project continues to yield strong actionable results for continued exploration. The new Ginger Ridge East IP
geophysical results, when combined with the past Ginger Ridge IP survey data shows very positive new
chargeability anomalies not tested by our past drill campaigns. Drill results reported in drill hole GR14 -05
evidence a correlation between chargeability highs and elevated concentrations of sulphide mineralization.
These new IP anomalies align with the Company’s current exploration strategy to identify, prioritize, and drill
test additional high chargeability anomalies coincident with significant surface rock and soil geochemical
anomalies. This latest phase of geophysical work has successfully delineated multiple such anomalies worthy
of further investigation and drill testing. We look forward to completi ng the remainder of this planned IP
geophysical survey at the Jengibre South zone in advance of assessing the entire dataset for possible follow
up groundwork and/or prioritizing targets for drill testing.”
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Figure 1: 2025 Ginger Ridge and Ginger Ridge East IP Chargeability Anomalies in Plan View and Chargeability
Sections, Juan de Herrera Project
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Figure 2: 2025 Ginger Ridge and Ginger Ridge East IP Chargeability Anomalies in Plan View and Quantitative
Sections, Juan de Herrera
2D vertical sections in Figure 2 illustrate the latest IP geophysical data using Matrix Technology’s proprietary
Quantitative Section methodologies which generates more discrete anomalous chargeability images. These
more detailed QS depictions of the IP chargeability anomalies better evidence the signaled location of
chargeability highs (and inferred elevated concentration of sulphide mineralization) and how and where prior
drilling appears to have failed to adequately test the newly delineated anomalies outlined in the 2025
geophysical survey.
The Company continues to follow up on the numerous recently announced gold and copper surface
geochemical anomalies at the CN, Southeast, Centro and Jengibre South zones, where ongoing exploration
will include additional prospecting, rock sampling, detailed geological mapping and selective hand trench
channel sampling.
The Company’s website has additional information, maps and figures of recent and historical Juan de Herrera
project data.
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The induced polarization/resistivity survey was carried out by Matrix Geotechnologies Ltd of Toronto Ontario, using a
10 kW generator Time Domain IP system using the Elrec Pro 10 channel receiver with a receiver dipole spacing of 25
metres, (pole-dipole array), which provide s quality subsurface resolution for 2D Quantit ative Sections and 3D voxel
modelling for exploration drill targeting. The figure accompanying this release shows a plan view of interpreted gradient
and 2D pole-dipole IP vertical section chargeability.
For reference: g/t = grams per tonne, Au = gold, m = metres, millivolts per volt = mv/v, IP = induced polarization
This news release has been reviewed and approved 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.
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 Mining, 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 [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 expected", "budget", "scheduled", "estim ates",
"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
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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 financi ng 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 f orward-looking
information. Precipitate does not undertake to update any forward-looking information, except in accordance with applicable securities laws.