Precipitate Gold announces that it has granted a total of 2,670,000 incentive stock options to directors, officers, and consultants of the Company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase one common share of the Company until May 25, 2025 at a price of C$0.15 per common share in accordance with the terms of the Company's stock option plan. About Precipitate Gold: [...]
Precipitate Gold Corp. is pleased to announce its new high priority exploration focus at its 100% owned Ponton project, located approximately 20 kilometres due east of the Company's Pueblo Grande project in the Dominican Republic. Recent data compilation and interpretation of the Ponton property's historical surface geochemical sampling highlighted the project's Copey Hill Zone as the region's strongest multi-element [...]
Precipitate Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement of 12,713,636 common shares of the Company at a price of $0.11 per share for gross proceeds of $1,398,500 as subscribed for by Barrick Gold Corporation. Jeffrey Wilson, Company President & CEO stated, "We are excited to close this important equity financing, as the proceeds provide the Company with a strong [...]
Precipitate Gold Corp. is pleased to announce that it has signed a definitive earn-in agreement with Barrick Gold Corporation whereby Barrick has the right to earn a 70% interest in the Company's Pueblo Grande Project located immediately adjacent to Barrick's world-class Pueblo Viejo gold-silver mine in the Dominican Republic. To earn its interest, Barrick must incur a minimum US$10.0 million in exploration expenditures [...]
Precipitate Gold Corp. is pleased to announce it has facilitated the sale and transfer of 4.5 million common shares of the Company previously registered to Everton Resources and transferred and re-registered the shares into the names of individuals making up a strategic new shareholder group . Jeffrey Wilson, President & CEO, stated, "We are pleased to facilitate this sale and transfer of shares from Everton Resources to [...]
Precipitate Gold Corp. is pleased to announce that in partnership with GoldQuest Mining Corp. it has completed the purchase, out of receivership/bankruptcy of drills and associated equipment sufficient to assemble up to 5 operational man-portable diamond drill rigs at a substantial discount to the assessed replacement value of the equipment. The entire inventory acquired in this transaction is currently domiciled in the [...]
Precipitate Gold Corp. is pleased to announce it has engaged Darren O'Brien P.Geo. to provide a project geology review and assist with the selection of drill collar locations and orientations within the Company's Loma Cuaba Lithocap Zone of its Pueblo Grande Project adjacent to Barrick's Pueblo Viejo gold-silver mine. Mr. O'Brien was the Pueblo Viejo Chief Geologist for Placer Dome at the time the positive production [...]
Precipitate Gold Corp. is pleased to announce the closing of its non-brokered private placement of 10,174,820 units of the Company at a price of $0.13 per unit for gross proceeds of C$1,322,727 . Each unit consists of one common share and one half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to purchase one additional common share at a price of C$0.20 per common share [...]
Precipitate Gold Corp. is pleased to announce a non-brokered private placement of up to 11,538,462 units of the Company at a price of $0.13 per Unit for gross proceeds of up to $1,500,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant will entitle the holder thereof to purchase one additional Common Share of the Company at an exercise [...]
Precipitate Gold Corp. is pleased to announce receipt of the government issued permit for diamond drill testing within the Company's Loma Cuaba Lithocap Zone at its 100% owned Pueblo Grande Project adjacent to Barrick's world-class Pueblo Viejo gold-silver mine in the Dominican Republic. The Ministry of Environment and Natural Resources of the Dominican Republic has granted a permit totalling 30 drill platforms at various [...]
Precipitate Gold Corp. is pleased to announce it has completed an extensive program of data compilation and review and has delineated and prioritized multiple highly prospective target areas for drill testing within the Company's Loma Cuaba Lithocap Zone at its 100% owned Pueblo Grande Project adjacent to Barrick's world-class Pueblo Viejo gold-silver mine in the Dominican Republic. Eight distinct drill target areas have [...]
Precipitate Gold Corp. is pleased to announce results and preliminary interpretation of the geological mapping survey conducted at the Loma Cuaba Lithocap Zone of the Company's 100% owned Pueblo Grande Project adjacent to Barrick's world-class Pueblo Viejo gold-silver mine in the Dominican Republic. The geological mapping survey has identified multiple surface exposures of untested strong silica alteration zones, which [...]