Precipitate Gold announces receipt from Barrick Gold of final analytical results from the latest phase of drilling as well as receipt of notification from Barrick of its 30 days' advance written notice of termination of its right, by way of an earn-in agreement to earn a 70% interest in Precipitate's Pueblo Grande project. Upon expiration of the 30-day notice period, the Agreement will terminate and each company [...]
Precipitate Gold is pleased to announce that Barrick Gold Corp. has commenced a diamond drilling program designed to test two distinct, high priority target areas within Precipitate's 100% owned Pueblo Grande Project. The Phase III drill program tests targets at both the Pueblo Grande Norte and Pueblo Grande Sur zones within the Project. Drilling at the Pueblo Grande Norte zone will follow up on a horizon of favorable [...]
Precipitate Gold is pleased to announce surface rock sampling results from the ongoing prospecting and sampling program conducted over multiple newly identified gold-in-soil anomalies reported in recent months within its 100% owned Juan de Herrera Project. Field crews have identified a new prospective rock and soil geochemical anomaly located within the southern portion of the Project, about 500 metres east of the [...]
Precipitate Gold is pleased to announce equipment has been mobilized to construct and upgrade access roads within the southern region of the Company's 100% owned Juan de Herrera Project. The roads are being constructed and upgraded in advance of future work in and around the Southeast Zone to improve access to multiple highly prospective areas within the southern project region where previous results have yielded rock [...]
Precipitate Gold is pleased to announce the initiation of a multi-staged fieldwork program at its 100% owned Juan de Herrera Project. Planned exploration will focus on the Project's numerous established and newly developing gold and base metal zones and anomalies. The 2025 Juan de Herrera exploration program will start with foundational work, including surface sampling, geological mapping and logistical infrastructure [...]
Precipitate Gold is pleased to announce results of additional surface mapping and hand trench rock channel sampling, within the recently identified CN Zone at the Company's 100% owned Juan de Herrera Project. Follow up exploration work on the priority CN Zone area has significantly expanded the gold-enriched surface structure over a distance of 285 m. Laboratory results from select rock grab samples and two new hand [...]
Precipitate Gold is pleased to announce that the Company and Barrick Gold have entered into an amendment to the existing exploration earn-in agreement in respect of the Company's Pueblo Grande Project. Pursuant to the Amendment, Precipitate and Barrick have agreed to, among other things, increase and extend the Earn-In's total required work expenditures from the original US$10.0 million to US$22.0 million, representing an [...]
Precipitate Gold Corp. is pleased to report encouraging developments with respect to mining and environmental policies in the Dominican Republic The Government of the Dominican Republic has recently implemented positive changes to Dominican environmental regulations that streamline processes and enable mineral exploration and development applicants to proceed to the Environmental and Social Impact Assessment process prior [...]
Precipitate Gold is pleased to announce results from follow up hand trench rock channel sampling, infill soil sampling and prospecting within the newly identified CN Zone at the Company's 100% owned Juan de Herrera Project. As previously reported, results from recent rock sampling, within the large multi-element CN Zone soil anomaly, returned values including 73.8 g/t gold, 34.9 g/t gold and 11.7 g/t gold, and 8.7 g/t [...]
Precipitate Gold is pleased to announce results from an initial follow up program of prospecting and sampling within multiple newly identified gold-in-soil anomalies within its 100% owned Juan de Herrera Project. As previously reported, results from recent soil and rock sampling identified eight new zones of elevated gold and/or base metals anomalies within the Juan de Herrera Project. As follow up, crews commenced a more [...]
Precipitate Gold is pleased to announce it has initiated field work and data review at its 100% owned Juan de Herrera Project in the Dominican Republic. Preliminary results from this latest work have identified eight new mineralized anomalies outlined by elevated gold and/or base metal values in soil sample results. Precipitate has commenced various programs of field, desktop and laboratory work along with the review and [...]
Precipitate Gold is pleased to announce that Barrick Gold has completed a review of induced polarization geophysical and surface geological and geochemical data for the Pueblo Grande Sur Zone, on Precipitate's 100% owned Pueblo Grande Project. Barrick's work is part of an earn-in agreement whereby Barrick has the right to earn a 70% interest in Precipitate's Pueblo Grande Project. At the Pueblo Grande Sur Zone Barrick has [...]