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Precipitate Gold Airborne Geophysical Survey Identifies New Anomalies

Teresa Matich
Sep. 22, 2015 03:53PM PST
Gold Investing

Precipitate Gold (TSXV:PRG) reported results of an airborne geophysical survey at its Juan de Herrera project in the Dominican Republic. Three new magnetic trends have been identified at the project: Ginger Ridge, Jengibre and Melchor.

Precipitate Gold (TSXV:PRG) reported results of an airborne geophysical survey at its Juan de Herrera project in the Dominican Republic. Three new magnetic trends have been identified at the project: Ginger Ridge, Jengibre and Melchor.
As quoted in the press release, highlights included:

  • All three new magnetic trends are “on-strike” from multiple known mineralized zones within the Tireo belt, such as Ginger Ridge, Melchor and GoldQuest’s Jengibre and Loma Viejo Pedro;
  • The new magnetic trends range in estimated length from 3.5 to 15 kilometres long; and
  • Large contiguous exposures of Tireo volcanics delineated within Precipitate’s project, defining prospective priority targets for follow up ground work.

Click here for the full press release.

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