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Precipitate gold coffin hardrock9/1/2023 This, combined with the agreement's manageable acquisition terms, allows Precipitate the opportunity to efficiently advance the Island Zinc project to a drill decision stage. The right to acquire 100% of the Island Zinc property expands our project portfolio with a prospective new high grade base metal project in another jurisdiction with year-round exploration access, simple and inexpensive logistics and favourable mining and taxation policies. Jeffrey Wilson, Company President & CEO states, "As we ramp up activities at our flagship asset in the Dominican Republic, we're pleased with the opportunity to complement our project portfolio with a new acquisition. The reclaimed Island Copper Porphyry deposit mine site is 25 kilometres to the southeast. Access to the property is via a high quality, all season gravel road and a number of subsidiary access roads which have facilitated of a few generations of logging. The Project is located in northern Vancouver Island British Columbia, approximately 20 kilometres west of the Pacific Ocean port community of Port Hardy. Drill hole NL66-20: 5.5 metres 7.3% zinc, 6.9% lead and 370 g/t silver from 17.4m depth*.Drill hole NL66-19: 8.8 metres 5.6% zinc, 2.8% lead and 178 g/t silver from 13.4m depth.Rock chip channel sample: 2.1 metres 3.9% zinc, 2.5% lead and 744 g/t silver (1989).Select rock grab samples assay up to 12.3% zinc, 9.4% lead and 932 g/t silver (Precipitate 2017) *.Select highlight results reported by prior operators and recent Precipitate rock samples include: Work by previous operators includes sampling, mapping, trenching, surface blasting, geophysics, shallow depth diamond drilling and small scale sub-surface mining. The Island Zinc project is a high grade zinc-lead-silver carbonate replacement target hosting historical workings (including a collapsed inclined adit and two shallow shafts) centered on surface exposures of large and lengthy bands of sphalerite-galena mineralization. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is pleased to announce the Company has reached an option agreement whereby Precipitate can acquire a 100% interest in the Island Zinc zinc-lead-silver project located near Port Hardy, north Vancouver Island, British Columbia. Precipitate owns all its property assets 100% (subject to certain NSR royalties).VANCOUVER, BRITISH COLUMBIA-(Marketwired - Apr 18, 2017) - Precipitate Gold Corp. Option on adjoining ground terminated 2023. MOTHERLODE REGION - 100% interest in 6,250 hectares of mineral exploration licenses within the Burin Peninsula of southern Newfoundland, Canada acquired by direct staking and execution of a purchase agreement.JUAN de HERERRA - adjacent to the Romero/Tireo project operated by GoldQuest.Significant untested multi-element epithermal gold anomaly and PONTON - 30km east of Barrick's Pueblo Viejo Mine, hosted in the same Los Ranchos Formation geological terrain.Subject to an Earn-In Agreement whereby Barrick Gold Corp can earn 70% by spending US$10M and delivering a pre-feasibility study before sixth anniversary. PUEBLO GRANDE - adjacent to the world-class Pueblo Viejo mine operated by Barrick (central Dominican Republic).Precipitate's strategic and prospective project portfolio provides exposure to landholdings in active and desirable regions, including two projects adjacent to prominent operations. Precipitate Gold Corp (TSXV: PRG, OTCQB: PREIF) - District-Scale Strategic Land Positions in the
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