Business
Precipitate Gold: Ginger Ridge East Anomaly Returns 16.0 Metres of 1.1 g/t Au in Trench Sampling
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2017) - Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is pleased to announce re
About this update from Precipitate Gold Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 20, 2017) - Precipitate Gold Corp. (the \"Company\" or \"Precipitate\") (TSX VENTURE:PRG) is pleased to announce results from its recent hand-trench sampling program within the Ginger Ridge East Zone at the Company's 100% owned Juan de Herrera Property in the Dominican Republic. The Company has received laboratory results for channel samples collected from four hand-dug trenches located within the Ginger Ridge East Zone, with a highlight interval of 16.0 metres (\"m\") of 1.1 grams per tonne (\"g/t\") gold including 4.0m of 2.27 g/t gold. Trenching results also show elevated silver, lead and zinc values, replicating the multi-element character of the overlying soil anomalies. In addition to gold, zinc values are also highly anomalous with highlight intervals of 10.0m of 0.18% zinc (Trench 1) and 18.0m of 0.16% zinc (Trench 3); separated by approximately 180 metres. See the accompanying map or the Company's website for the Ginger Ridge East Trench location map. Highlight hand trenching results on the East anomaly within the Ginger Ridge Zone are as follows: Trench 1: 16.0m of 1.12 g/t gold including 4.0m of 2.27 g/t gold within a broader 24.0m of 0.80 g/t gold; also 10.0m of 0.18% zinc; Trench 2: 8.0m of 0.64 g/t gold; also 48.0m of 0.11% zinc, including 12.0m of 0.16% zinc; 12.0m of 21.8 g/t silver; Trench 3: 4.0m of 0.59 g/t gold, also 16.0m of 0.28 g/t gold; 10.0m of 0.17% zinc and 18.0m of 0.15% zinc; and, Trench 4: 24.0m of 0.45 g/t gold, 6.0m of 13.7 g/t silver and 6.0m of 0.17% zinc * The true width of the mineralised intervals is uncertain as the orientation of mineralization observed to date is not fully understood. Jeffrey Wilson, Company President & CEO stated, \"We are pleased that our preliminary trenching has confirmed the multi-element tenor of the extensive and robust East Zone soil anomaly. The density of our previous soil sampling within the zone indicated consistent and robust mineralization in the soils throughout the anomaly. Although current trenching only sampled a small portion of the broader (1,000m by 100m) soil anomaly, we are pleased once again with the consistencies and seeming continuity of mineralization identified in this limited selection of trench sample results. It's equally compelling to note that Trench 4 is located beyond the limits of the ...