Precipitate Completes Pueblo Grande Project Data Review and Follow Up IP Survey that Identifies Untested & Drill Ready Chargeability Anomalies

About this update from Precipitate Gold Corp.

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the "Company" or "Precipitate") is pleased to announce that it has completed an extensive technical review and evaluation of exploration data primarily generated by Barrick Mining Corporation ("Barrick") between 2020 and 2025, as part the now annulled earn-in agreement (the "Earn-In") related to Precipitate's 100%-owned Pueblo Grande Project (the "Project"), located immediately adjacent to the Pueblo Viejo gold-silver mine operated by Barrick in the Dominican Republic. As a follow up to the data review, the Company conducted and completed an Induced Polarization ("IP") geophysical survey that revealed significant and previously untested high chargeability anomalies at the Pueblo Grande Norte zone, located immediately west of the Pueblo Viejo mining operation. See accompanying Figure 1 and Figure 2 below.","length":1007,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Precipitate's technical team completed an extensive review of all data and past work conducted on the project by various prior operators, including 5 years and US$7.2 million in exploration expenditures by Barrick;","length":218,"tagName":"p"}]},{"val":[{"type":"text","content":"The data review identified possible untested IP chargeability features within the Project's Pueblo Grande Norte zone (also known as Loma la Cuaba or Lithocap Zone);","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"As follow up to the data review, Precipitate conducted a focused 3-line deep-penetrating two-dimensional ("2D") IP survey at the Pueblo Grande Norte zone, specifically designed to test and confirm the presence, depth, and extent of the inferred chargeability features;","length":278,"tagName":"p"}]},{"val":[{"type":"text","content":"The results of Precipitate's new IP survey confirmed and refined the presence of a sizeable cluster of IP chargeability high anomalies collectively measuring about 800 metres north-south by more than 450 metres east-west, loosely centred at depths that range from 100 to 330 metres from surface. The chargeability anomaly remains open in both...

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