Precipitate Gold CEO outlines strategy at Juan de Herrera

摘要

Explorer Precipitate Gold (TSXV: PRG; US-OTC: PREIF) is ready to get drills turning at its flagship Juan de Herrera gold project in the Dominican Republic, two years after making its initial discovery at the Ginger Ridge target. The company has been judicious with its cash during the intervening period and its lean markets, and used that time to refine its regional mapping and geological models with more ground magnetics and soil geochemistry. Previous field programs at Ginger Ridge uncovered a gold-enriched, massive sulphide mineralization zone that has a potential gold exploration strike in excess of 1 km. Precipitate wrapped up a maiden drill program at the target in September 2014, which was highlighted by 18 metres of 4.54 grams gold per tonne from 84 metres deep in discovery hole 5. The intercept was contained within 98 metres of strongly disseminated, semi-massive to massive sulphides.