お知らせ • Jul 08
Precipitate Gold Corp. Announces Results from Ongoing Hand Trenching and Outcrop Sampling, Within the Cn Zone At the Juan De Herrera Project in the Dominican Republic
Precipitate Gold Corp. announced results from ongoing hand trenching and outcrop sampling, within the CN Zone at the Company's 100% owned Juan de Herrera Project ("Juan de Herrera" or the "Project") in the Dominican Republic. Recent new hand trench sampling at the CN Zone has yielded a highlight result of 6.4 g/t gold over 1.0 metre ('m'). Ongoing exploration continues to refine and expand the gold-enriched structure, which now has a surface trace of an estimated 300 metres, including the offset extension of the zone to the south. Follow up sampling will continue to focus on this southern region to determine the full surface trace of the gold enriched structure. Poorly exposed structure zone. Trench 7: 4.3 g/t gold over 0.6m (off-trend and down slope from main structure) o Trench 5: 83.6 g/t gold, 29.0 g/t silver over 1.0m. Trench 4: 0.2 g/t gold, 2.1 g/t silver over1.0m. Trench 3: 32.2 g/t gold., 286.0 g/t silver Over 5.1m. Trench 2: 1.5 g/t gold, 12.6 g/t silver over 3.0m. Trench 1: 1.0 g/t gold, 8.8 g/t silver over 4.0m. Note: Hand trenches 6, 12, 13 and 14 tested off-trend rocks located down slope to the west of the main structure, which reported sub anomalous laboratory results. Exploration has extended the surface trace of the gold-rich structure to an estimated distance of 300 metres, including the offset extensions of the zone; about 30 metres west of the main structure's surface terminus at its southern extent. The structure has a northwest-southeast trend and dips about 50 degrees to the northeast, with an apparent width ranging from 0.5 to 6.0 metres, averaging about one metre width. Geological mapping indicates that the gold enriched structure has a brittle to locally ductile character and is hosted in mixed volcanics rocks (dacite and andesite), at or very near an underlying limestone sediment contact. The gold+silica structure is subparallel to sediment bedding, having a northwest - southeast trend and a 50-degree northeastward dip (ranging 40 to 70 degrees), with an apparent width ranging from0.5 to 6.0 meters, averaging about 1.0m wide. The structure pinches out to the northwest near the sediment-dacite contact (near Trench 1) and appears to be open to the southeast; additional work is required to wholly determine the surface traceable limits. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "ex expects" or " does not expect", "proposed", "is expected", "budget", "scheduled", "scheduled", 'est forecasts", "intends", "anticipates" or " does not anticipate", or "bel believes", or "bel believes", and variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, would, or might occur or be achieved. This forward-looking information reflects Precipitate's ("Precipitate" or the "Company") current beliefs and is based on information currently available to Company and on assumptions it believes are reasonable.