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Precipitate Gold Corp.
Summary
| Project: | Juan de Herrera | |
|---|---|---|
| Deposit: | Ginger Ridge | |
| Location: | Dominican Republic | |
| Commodities: | Gold-Copper-Zinc | |
| Date: | 1/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-1-2017: Precipitate Gold Corp. announces an Exploration/Drilling Update report for its Ginger Ridge deposit at the Juan de Herrera project. Drilling results incl. 27.43m @ 0.49g/t Au, 0.01% Cu from 7.62m. Vancouver, B.C. – January 18, 2017 - Precipitat | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Moore (Internal) | |
| ABSTRACT: | Vancouver, B.C. – January 18, 2017 - Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG) is pleased to provide results of initial diamond drill holes from the ongoing Ginger Ridge drill program at its 100% owned Juan de Herrera project in the Dominican Republic. Results from the Phase 2 drill program at Ginger Ridge include analytical results from the initial five completed holes (GR16-07 to GR16-11) from this phase, totalling of 1,310 metres. Laboratory analytical results have been received for core samples collected in all holes, excluding the final 60 metres of Hole 11 which was paused for the holiday season break. Drilling of Hole 11 was recently completed and samples for the final meterage of that hole will be submitted shortly for laboratory analysis. Holes 7 to 11 were collared up to 150 metres from the Company’s 2014 discovery hole (“Hole 5”), testing mineralization and alteration continuity and select discrete induced polarization (‘IP’) chargeability-high geophysical anomalies. The laboratory analytical results for samples collected in holes 7 to 11 (partial) are summarized below. See the accompanying drill-hole location map and the Company’s website (www.precipitategold.com) for additional compilation illustrations. | |
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