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Precipitate Renews Exploration & Drill Targeting at Juan de Herrera Project, Tireo Gold Camp in West Dominican Republic
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2020) - Precipitate Gold Corp.&#...
About this update from Precipitate Gold Corp.
[{"type":"text","content":"Precipitate Renews Exploration & Drill Targeting at Juan de Herrera Project, Tireo Gold Camp in West Dominican RepublicVancouver, British Columbia--(Newsfile Corp. - September 14, 2020) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the \"Company\" or \"Precipitate\") is pleased to announce that the Company is renewing exploration work on its volcanogenic massive sulphide (VMS) gold and copper Juan de Herrera (\"JDH\") project, located within the Tireo Gold Camp of western Dominican Republic. The Tireo Gold Camp is a highly prospective geological terrain that hosts GoldQuest Mining's Romero project, Unigold's Neita/Candelones project, and Newmont's La Miel project (Haiti).The first phase of activity at Juan de Herrera will include submittal for full laboratory analysis of over 5,000 previously untested soil samples collected from multiple zones within the project. These prioritized samples have been selected from over 17,000 individual soil samples collected by the Company in 2017 on 25 metre by 50 metre spacings within multiple known areas of interest. Over 14,000 of these soil samples were previously analyzed with a hand-held X-ray fluorescence (\"XRF\") scanner which assisted in delineating numerous zones of important base metal and pathfinder elements but were not tested for gold and silver. Full analyses and evaluation of these newly tested samples in conjunction with existing geological and geophysical data is expected to assist in delineating and prioritizing targets for a future drilling at Juan de Herrera.Based on results from the Company's work conducted between 2012 and 2018, the Juan de Herrera project hosts an extensive collection of both advanced-stage high-priority zones and early-stage surface rock/soil geochemical anomalies, as shown on the accompanying Juan de Herrera target map and highlighted below. See also the Company's website for these and additional JDH Project related figures.JUAN DE HERRERA PROJECT HIGHLIGHTS:Ginger Ridge Zone: Highlight DDH GR14-05: 13.4 grams per tonne (\"g/t\") gold over 5.0 metres (\"m\"); within 4.5 g/t gold over 18.0 metres. Ginger Ridge East Zone: Trench, 18m @ 2.2 g/t Au, including 8.0m @ 3.52 g/t Au. Not drill tested. Highlight DDH EA17-03: 10.5m @ 0.83 g/t Au. EA17-06: 1.5m of 3.18% Zn & 0.4% Cu.Southeast Zone: Rock sample highlight up to 13.5% Cu, 0.5 g/t...