Precipitate Gold Corp. is pleased to announce that Barrick Gold Corporation has finalized drill targeting analysis and is now preparing to start its second phase of drill testing on Precipitate's 100% owned Pueblo Grande Project, located immediately adjacent to Barrick's Pueblo Viejo gold mine in the Dominican Republic. Barrick's work is part of an earn-in agreement whereby Barrick has the right to earn a 70% interest in [...]
Precipitate Gold Corp. is pleased to announce results from its fall 2022 diamond drill program comprised of 2,716 metres of drilling in 12 drill holes from the Company's Motherlode Gold Project. Highlight core sampling results include drilled intercepts yielding 12.1 metres of 1.0 gram per tonne gold , including 3.0m of 2.2 g/t Au and 4.5m of 0.94 g/t Au , including 3.5m of 1.07 g/t Au. Though modest in thickness and [...]
Precipitate Gold Corp. is pleased to announce that Barrick Gold Corporation has commenced a ground geophysical and trenching program in advance of a planned second phase of drill testing on Precipitate's 100% owned Pueblo Grande Project, as part of an earn-in agreement whereby Barrick has the right to earn a 70% interest in Precipitate's Pueblo Grande Project located immediately adjacent to Barrick's Pueblo Viejo gold [...]
Precipitate Gold Corp. is pleased to announce the completion of a diamond drilling program at the Company's Motherlode Gold Project within the Burin Peninsula of southern Newfoundland. Motherlode Zone Drill Program Highlights: The drill campaign totalled 2,716 metres of diamond drilling in 12 holes from 10 drill platforms. Hole depths ranged from 121 to 403 metres, averaging 209 metres deep. Core quality and recovery was [...]
Precipitate Gold Corp. is pleased to announce the commencement of a diamond drilling program at the Company's Motherlode Gold Project within the Burin Peninsula of southern Newfoundland, Canada. The drill campaign calls for a minimum of 2,000 metres of diamond drilling from up to 22 permitted drill platforms within the Project's prospective Motherlode Zone. Multiple holes can be drilled from each platform, allowing for a [...]
Precipitate Gold Corp. is pleased to announce the receipt of the government permit for diamond drill testing at the Motherlode Gold Project. The Newfoundland government has approved the Company's application and granted a permit for diamond drilling from up to 22 drill platforms at various key locations within Project's Motherlode Zone. Multiple holes can be collared and drilled from each platform, allowing for a [...]
Precipitate Gold Corp. is pleased to announce the appointment of Stephen Sulis as the Company's Chief Financial Officer effective September 30, 2022. Mr. Stephen Sulis currently works as Chief Financial Officer for a number of TSX-V and CSE listed companies, predominately in the resource sector, both in Canada and around the globe. His professional experience includes financial reporting for exploration and mining [...]
Precipitate Gold Corp. is pleased to announce it has completed induced polarization and magnetic geophysical surveying at the Motherlode Gold Project within the Burin Peninsula of southern Newfoundland, Canada. IP geophysical surveying conducted at the high priority Motherlode Zone has yielded new and important information that will guide a planned diamond drilling program. The IP survey was conducted using both [...]
Precipitate Gold Corp. is pleased to announce it has commenced ground geophysical surveying at the Motherlode Gold Project. The Company has initiated a ground geophysical program of magnetic and induced polarization surveying at the high priority Motherlode Zone. The IP survey will consist of 11 lines at 100 metre spacing for an estimated total of 7.5 line-kilometers. These two surveys will cover a 1,000 metre portion of [...]
Precipitate Gold Corp. is pleased to announce it has commenced exploration field work on the Motherlode Gold Project within the Burin Peninsula of southern Newfoundland, Canada. The ongoing activity entails project-wide prospecting, geological mapping, and sampling to further assess the 7 high priority, and 11 secondary target areas delineated by previous exploration work, as shown on the accompanying map. This initial [...]
Precipitate Gold Corp. is pleased to announce that the Company and Barrick Gold Corporation have entered into an amendment to the existing exploration earn-in agreement in respect of the Company's Pueblo Grande Project , located immediately adjacent to Barrick's world class Pueblo Viejo mining operation in the Dominican Republic, pursuant to which Precipitate has agreed to relinquish or reduce certain portions of select [...]
Precipitate Gold Corp. is pleased to announce that the Company and Barrick Gold Corporation have entered into an amendment to the existing exploration earn-in agreement in respect of the Company's Pueblo Grande Project , located immediately adjacent to Barrick's world class Pueblo Viejo mining operation in the Dominican Republic, pursuant to which Precipitate has agreed to relinquish or reduce certain portions of select [...]
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