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Precipitate's Copey Hill Zone Returns Additional High-Grade Rock Samples up to 17.0 g/t Gold at Ponton Project, Dominican Republic
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Precipitate Gold Corp. (...
About this update from Precipitate Gold Corp.
[{"type":"text","content":"Precipitate's Copey Hill Zone Returns Additional High-Grade Rock Samples up to 17.0 g/t Gold at Ponton Project, Dominican RepublicVancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the \"Company\" or \"Precipitate\") is pleased to announce results of follow up infill surface soil and rock geochemical samples collected from the Copey Hill epithermal gold target of the Company's 100% owned Ponton Project in the Dominican Republic.After recently reporting a 53.0 grams per tonne (\"g/t\") gold-in-rock sample* from the Copey Hill Zone (see Company news release dated July 21, 2020), field crews returned to the vicinity to conduct additional detailed infill sampling in the surrounding area where the latest 73 rock samples returned multiple additional high-grade gold and silver results*, including individual highlight values up to 17.0 g/t gold and 37.0 g/t silver with a total of 30 rock samples ranging from 0.5 g/t gold to 17.0 g/t gold. Additionally, analytical results for the 171 soil samples collected have refined the contour of the soil anomaly and report a high value of 0.7 g/t gold. See accompany map.Copey Hill Gold Zone Highlights to Date:South Anomaly highlight rock sample* gold values of 53.0 g/t, 17.0 g/t, 7.6 g/t, 7.0 g/t, 4.6 g/t, 4.2 g/t, 4.1 g/t and 3.2 g/t gold and up to 43.0 g/t silver. Additionally, a total of 30 rock samples yielded values ranging from 0.5 g/t to 1.8 g/t gold;South Anomaly hosts an apparent concentration of elevated gold and silver sample values measuring an estimated 400m by 200m;Highlight gold-in-rock samples were collected from low sulphide content quartz vein, quartz breccia or silicification alteration mineralization hosted in the favourable Los Ranchos formation volcanic rocks.Current gold-in-rock correlation statistics show a strong positive correlation to important pathfinder elements silver, lead and mercury; andTwo distinct gold-in-soil anomalies (North Anomaly and South Anomaly) delineated within the Copey Hill Zone; measuring 1,000m by 500m, and 900m by 200m (open to the southwest) respectively; *Note: Rock grab samples are selective by nature and are unlikely to represent average grades on the property. Map 1: Ponton Property Soil & Rock Geochemical South AnomalyTo view an enhanced version of Map 1, please visit:https:/...