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Precipitate Gold Corp V.PRG

Alternate Symbol(s):  PREIF

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

Post by tarsandson Feb 05, 2021 12:52pm
152 Views
Post# 32485060

Do you mean I am sure of the drilling part?

Do you mean I am sure of the drilling part?
Well 10 holes for 2000 metres is approx. 200 metres per hole .

Depends on one thing like how many hours in a day are they actually going too drill?

8 hour shift?
12 hour shift?
24 hour shift?

Every hour of drilling they can drill 5 metres at least.

So 40 hours of drilling would equate too 200 metres.

So drilling that 200 metre hole or core would take:

8 hour shift = 8 hours x 5 metres per hour = 40 metres in a 8 hour shift.

12 hour shift they could drill 60 metres

24 hour shift they could drill 120 metres.

So lets use a 12 hour shift, they could drill 60 metres per day .

200 metres per hole is on a 12 hour shift = 3 days approx. per hole and then what more info do we have? NONE YET.

As they did not really tell us if those 10 holes they are going too drill are from 1 platform or multiple paltform areas.

If 1 platform 10 holes might end up taking 35 days I am giving enough time in that calculation too change their azimuth and angle of drilling.

But again is all the drilling from 1 location and spanning out from there?

Or do they have too pack the drill too any other location and set it up too drill more?

If they do have multiple pad locations then they SHOULD have a crew out there slashing the bush and marking the spot for the other crew too pack up the drill a pack it too its new spot.

Also if they use a 24 hour drill shift then its 1/2 of that time.

Or maybe a total of  28 - 30 days.

But heck i am trying too make an educated guess here.

Also do not expect any results back until JUNE? those labs are so freakin backed up its CRIMINAL!!!!!!!

But the visuals of the core may be telling too a very trained eye!
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