Precipitate Gold Corp (TSXV: PRG, OTCQB: PREIF) - District-Scale Strategic Land Positions in the Dominican Republic. Precipitate's strategic and prospective project portfolio provides exposure to landholdings in active and desirable regions, including two projects adjacent to prominent operations.
Dominican Republic
- PUEBLO GRANDE - adjacent to the world-class Pueblo Viejo mine operated by Barrick (central Dominican Republic). Subject to an Earn-In Agreement whereby Barrick Gold Corp can earn 70% by spending US$10M and delivering a pre-feasibility study before sixth anniversary.
- PONTON - 30km east of Barrick's Pueblo Viejo Mine, hosted in the same Los Ranchos Formation geological terrain. Significant untested multi-element epithermal gold anomaly; and
- JUAN de HERERRA - adjacent to the Romero/Tireo project operated by GoldQuest (west Dominican Republic)
Newfoundland Canada
- MOTHERLODE REGION - 100% interest in 6,250 hectares of mineral exploration licenses within the Burin Peninsula of southern Newfoundland, Canada acquired by direct staking and execution of a purchase agreement. Option on adjoining ground terminated 2023.
Precipitate owns all its property assets 100% (subject to certain NSR royalties).