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Precipitate Gold Re-Commences Drilling at Expanded Ginger Ridge Targets
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2017) - Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is pleased to announce the
About this update from Precipitate Gold Corp.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2017) - Precipitate Gold Corp. (the \"Company\" or \"Precipitate\") (TSX VENTURE:PRG) is pleased to announce the re-commencement of its diamond drill program at the Ginger Ridge Zone within the Company's 100% owned Juan de Herrera project in the Dominican Republic. Precipitate's technical team has designed an adaptable program of approximately 3,500 metres (\"m\") of diamond drilling. The primary objectives of this program will be, (i) to test select portions of the Ginger Ridge Main anomaly area that were not tested in prior drill programs; and (ii) test the newly identified Ginger Ridge East soil anomaly, situated approximately one kilometre east of prior drilling. Program budgeting allows for the possible expansion of drilling within any new priority exploration zones successfully intersected during the program. Concurrent with the Ginger Ridge Drill program, Precipitate will be updating shareholders on results from the other five target areas on Juan de Herrera where IP geophysics, soil geochemical surveys and geological mapping were recently completed. The Company may extend the drill program to include some of these other areas if deemed prudent, based on results and budgets. Jeffrey Wilson, Precipitate's President and CEO stated, \"We are very pleased to re-commence drilling at the Ginger Ridge Zone, as we test multiple new targets with what is budgeted to be the largest drill phase conducted by the Company to date on the project. The combination of our Phase I drill discovery along with subsequent drilling data and geochemical and geophysical work in and around the Main zone has provided a better understanding of the system and offered multiple new targets for the current drill program. Prior drilling at Ginger Ridge has focused almost solely on exceptionally high chargeability signatures within the centre of the Zone. Drilling in this round at the Main Ginger Ridge anomaly will test undrilled portions at the north and southern extents of the anomaly, particularly areas with stronger surface geochemical signatures, while holes planned at the East anomaly will target the most significant surface soil geochemical anomaly identified to date on the Project.\" Drill Target Highlights: Ginger Ridge East Anomaly: The most significant soil geochemical anomaly identified to date...