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(2) Vancouver, British Columbia (Newsfile Corp. - February 4, 2021) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the Company or Precipitate ) is pleased to announce the commencement of its maiden diamond drilling program at the Company s Copey Hill Gold Zone within 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 Company s maiden drilling campaign at the Copey Hill zone is planned to consist of up to 10 diamond drill holes totalling up to 2,000 metres ( m ) of drilling. The program is designed to test multiple highly prospective geochemical and geophysical target areas within both the North and South Gold Anomalies of the Copey Hill zone where previously reported geophysical magnetic lows commonly coincide with elevated gold values at surface (up to ....
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. Important ....