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Precipitate Gold Corp.: Precipitate Receives Drill Permit for Ponton Gold Project in Dominican Republic
Vancouver, British Columbia (Newsfile Corp. - January 6, 2021) -
Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) ( Precipitate or the Company ) is pleased to announce receipt of the government issued permit for diamond drill testing within the Company s Copey Hill Zone at its 100% owned Ponton Project located approximately 25 kilometres ( km ) due east of Barrick s world-class Pueblo Viejo mining operation and the Company s Pueblo Grande project in the Dominican Republic.
The Ministry of Environment and Natural Resources of the Dominican Republic has approved the Company s application and granted a permit for drilling from a total of 10 drill platforms at various key locations within the Ponton Project s Copey Hill Zone. Multiple holes can be collared and drilled from each platform, allowing for the potential for a significant number of possible holes. Importantly, Precipit