Precipitate Gold Corp V.PRG

Alternate Symbol(s): PREIF

Metals & Mining Gold

Precipitate Gold Corp. is a Canada-based mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic. The Company's gold exploration projects include Pueblo Grande, Juan de Herrera and Ponton, which cover a combined area of approximately 23,061 hectares. The Company owns a 100% interest in the Pueblo Grande Project, which surrounds the high sulphidation epithermal Pueblo Viejo gold mine on the west, north and east sides. The Company, through its subsidiary, 0945044 BC Ltd., has 100% ownership of the Juan de Herrera Project, which is located within the prospective Tireo Gold Trend of western Dominican Republic, directly adjoining GoldQuest Mining Corp on the south and west sides of its Tireo Gold Project. The Ponton Project, located approximately 25 kilometers east of Pueblo Grande, is an early-stage gold epithermal exploration target hosted in similar Los Ranchos Formation volcanic rocks as found at Barrick's Pueblo Viejo.

TSXV:PRG - Post by User

Precipitate Gold Corp

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Post by inseon Nov 24, 2020 2:47am

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Post# 31958623

From GQC board...relevant to PRG

I'm re-posting the following post made by burlguy on the GQC board, here on the PRG board, as it is relevant to PRG, and very positive news for PRG shareholders:

Its coming.. official word.. Permitting is being streamlined

Here we go permit is on the way. As of today.....

https://mem.gob.do/sala-informativa/noticias/director-mineria-promete-agilizar-permisos-para-aumentar-la-produccion-minera/

MINING DIRECTOR PROMISES TO STREAMLINE PERMITS TO INCREASE MINING PRODUCTION

The new general director of Mining, Rolando Muoz, promised on Monday to streamline the permitting processes to increase the country's mining production to reach the amount of two million ounces of gold.

Muoz, when he was sworn in today as the new Mining Director during a ceremony headed by the Vice Minister of Mines, Miguel Daz, stated that at the end of 2024 the country should be producing the amount of 2.1 million ounces of gold, as long as it is provide the necessary support to small and large mining companies in the country.

'' We are going to do a new mining, in accordance with the principles of environmental laws, where we will develop a work team, to fulfill the commitment of our government program, to produce by the year 2024 the equivalent of two million ounces of gold '', said

GLTA

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