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Precipitate Gold: Latest Trench Sampling at Ginger Ridge East Returns 8.0 metres of 3.5 g/t Gold within 18.0 metres of 2.2 g/t Gold
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 9, 2017) - Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is pleased to announce res
About this update from Precipitate Gold Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 9, 2017) - Precipitate Gold Corp. (the \"Company\" or \"Precipitate\") (TSX VENTURE:PRG) is pleased to announce results from recent continuous rock chip channel hand sampling at 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 continuous rock chip channel samples collected from two new trenches located within the Ginger Ridge East Zone, with a Trench 6 highlight interval of 18.0 metres (\"m\") of 2.20 grams per tonne (\"g/t\") gold including 4.0m of 3.95 g/t gold. Mineralization is currently open in both trench sampling directions and results for 32 follow up channel samples, for 64m of sampling, are pending. Laboratory results also show elevated copper, lead and zinc values, replicating the multi-element character of the surrounding soil anomaly. See the accompanying map or the Company's website for the Ginger Ridge East Trench location map. Highlight continuous rock chip channel results from the two latest trenches sampled at the East anomaly are as follows: Trench 5: 5.5m of 0.25% zinc including 2.0m of 0.5% zinc; and Trench 6 (partial): 18.0m of 2.20 g/t gold, including 8.0m of 3.52 g/t gold, or 4.0m of 3.95 g/t gold. The true width of the mineralised intervals is uncertain as the orientation of mineralization observed to date is not fully understood. Jeffrey Wilson, Precipitate's President & CEO stated, \"We're excited about these latest trench sampling results as they underscore the prospective nature of the Ginger Ridge East zone. Results from Trench 6 are encouraging as they represent richer gold grades over greater lengths than any prior trench results reported from this, or any other zone within the project. The continued presence of copper, lead and zinc accompanying elevated gold values is in-keeping with the characteristics previously identified in this area. With additional samples from each end of trench 6 now submitted for analysis and drill assay results forthcoming, we're optimistic about the ongoing potential of this emerging new area.\" Continuous rock chip channel samples were collected from two incised creeks within the main target area. Sample results from Trench 6 identified an interval of significant gold values which is currently open in both dire...