Precipitate Gold Corp Announces Grab Samples Up to 11.8 g/t Gold at Ginger Ridge

Precipitate Gold Corp. (TSXV:PRG) announced remaining results surveys of its Juan de Herrera concession applications in the Dominican Republic’s Tireo Gold Trend.

As quoted in the press release:

Precipitate’s first pass programs of sampling and mapping, conducted in late 2012, have refined and expanded two priority target areas, the Melchor and Ginger Ridge gold zones on the Juan de Herrera concession.

• Sampling and mapping at the Ginger Ridge zone has identified a prospective area extending at least 1,100 metres long, with rock grab samples up to 11.8 grams per tonne (‘g/t’) gold and >100 g/t silver.
• Precipitate’s rock and soil sampling at the Melchor zone, has identified an area of surface quartz vein outcrop and float, where rock grab samples have yielded results of 6.3 g/t gold and 4.0 g/t gold.

Precipitate’s President and CEO, Jeffrey Wilson, said:

 We are particularly pleased that rock grab sampling at Ginger Ridge has discovered gold (with silver) mineralization over an area extending more than one kilometre (‘km’). Moving from concept to broad scale target this quickly is a testament to the merits of this underexplored region. Our next phase of detailed surface sampling and mapping will focus on these two prospective zones.

To view the full press release, click here.