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Precipitate Commences Field Work on Copey Hill Epithermal Gold Zone at Ponton Project, Dominican Republic
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2020) - Precipitate Gold Corp. (TSXV:...
About this update from Precipitate Gold Corp.
[{"type":"text","content":"Precipitate Commences Field Work on Copey Hill Epithermal Gold Zone at Ponton Project, Dominican RepublicVancouver, British Columbia--(Newsfile Corp. - June 9, 2020) - Precipitate Gold Corp. (TSXV: PRG) (the \"Company\" or \"Precipitate\") is pleased to announce it has commenced exploration field work on the Copey Hill Gold Zone within the Company's 100% owned Ponton project, located in the Dominican Republic. With Dominican Republic COVID-19 restrictions beginning to ease, the Company's in-country field crews have been mobilized to the Ponton project to initiate a program of geochemical sampling to test for possible expansion of the existing Copey Hill multi-element geochemical anomaly. The existing anomaly is open to the east and northeast (see accompanying map), so crews will expand the survey area in those directions collecting soil samples on 50 metre by 100 metre spacing. Immediately following completion of the soil sampling program, management intends to conduct subsequent programs of geological mapping and ground magnetic surveying over the extended area as a means of delineating targets for a possible near-term first phase of drilling at Copey Hill. Jeffrey Wilson, Precipitate's President & CEO commented, \"Within the Dominican Republic, COVID-19 restrictions have been relaxed to levels which allow the Company to commence field work. We are pleased to initiate our first exploration program on the Copey Hill Gold Zone since restrictions were imposed some months ago. These critical programs of soil sampling, geological mapping and ground magnetic geophysical surveying will be conducted to advance the target to a drill stage as promptly as possible.\"Figure 1: Copey Hill Gold Geochemical AnomalyTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/1718/57499_ea13f848b4531b24_003full.jpgCopey Hill Gold Zone - Planned Exploration Program HighlightsThe Copey Hill multi-element soil anomaly has a surface foot print measuring up to 1,200 metres by 1,000 metres and is currently open to the northeast and east. Approximately 300 soil samples will be systematically collected over an area extending 500 metres east of historical soil sampling, with the goal of defining the east limit of the multi-element soil anomaly. Detailed geological mapping and associated rock sampling will cover much of...