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gold investing

Precipitate Re-Commences Drilling at Expanded Ginger Ridge Targets

Written by Priscila Barrera
|
May. 24, 2017 09:15AM PST

Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: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. As quoted in the press release: Jeffrey Wilson, Precipitate’s President and CEO stated, “We are very pleased to …

Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: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.
As quoted in the press release:

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.”

Click here for the full text release

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