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Precipitate Gold Corp. (TSXV:PRG) announced the finalization and execution of a formal contract to acquire 100 percent interest in two concession applications in western Dominican Republic.
Precipitate Gold Corp. (TSXV:PRG) announced the finalization and execution of a formal contract to acquire 100 percent interest in two concession applications in western Dominican Republic.
As quoted in the press release:
Precipitate has acquired regional data and satellite imagery for the two concession areas. Evaluation of this data has highlighted a number of structural lineaments and color anomalies that will be investigated during a preliminary reconnaissance program. An initial program of geological mapping, prospecting, silt and or bulk leach extractable gold (BLEG) sampling is currently being designed.
Darcy Krohman, Precipitate’s CEO commented:
We are rapidly assembling a comprehensive data base for the Tireo Project area that will give us a strong footing to work from. The addition of historical data from GoldQuest and initial field observations from our VP Exploration will allow us to hit the ground running early in Q4 and start defining and refining gold targets on this exciting new project.
Click here to read the full press release.
