Mr. Jeffrey Wilson reports

PRECIPITATE TRENCH SAMPLES 3.0 METRES OF 2.78% COPPER AT SOUTHEAST ZONE, JUAN DE HERRERA PROJECT

Precipitate Gold Corp. has released results from continuous rock chip channel sampling from the Southeast zone at the company's 100-per-cent-owned Juan de Herrera property in the Dominican Republic.

Precipitate has received results for continuous rock chip channel samples collected from trench 7 at the new high-grade copper showing at the Southeast zone, located approximately six kilometres southeast of the Ginger Ridge zone. Sampling has yielded a highlight interval of 3.0 metres of 2.78 per cent copper within a broader 18.0 m of 0.7 per cent copper. Surface rock grab samples collected up to 60 metres to the southwest report copper values up to 0.76 per cent. See the accompanying map or the company's website for the Southeast zone trench compilation map.

Highlight continuous rock chip results from trench 7 at the Southeast zone are as follows:

• 3.0 m of 2.78 per cent copper within 8.0 m of 1.28 per cent copper within a broader 18.0 m of 0.70 per cent copper;
• The true width of the mineralized intervals is uncertain as the orientation of mineralization observed to date is not fully understood.

Jeffrey Wilson, Precipitate's president and chief executive officer, stated: "We're pleased with these latest trench sampling results as they continue to support our belief that the Tireo gold camp is an excellent location for gold and copper exploration. Following the discovery of rock grab samples assaying 13.51 per cent copper and 8.56 per cent copper* collected within the Southeast zone, crews returned to conduct the channel sampling reported today, then returned again to collect detailed soil samples from both the Southeast and nearby South Jengibre zones, as a means of better delineating these zones for additional work. The trench 7 sampling data demarks a new high-grade copper showing located within a large area of multilayered and coincident soil geochemical and geophysical anomalies that heightens our ongoing technical analysis of the southern portion of the project area for future drill targeting."

* Note: Surface rock grab samples are selective by nature and are unlikely to represent average grades of the zone.

The Southeast copper showing is located within a northwest-trending, 650 m by 125 m multielement soil anomaly which is currently open in all directions, except to the southeast. The zone is underlain by mixed andesite and dacite volcanic rocks with moderate high and locally variable IP chargeability and resistivity geophysical anomalies and a magnetic low signature.

Rock and soil samples were bagged, sealed and delivered directly to the Bureau Veritas (BV) preparation facility in Maimon, Dominican Republic, where they were dried, crushed (or sieved in the case of soils) and pulverized. Sample pulps were then delivered to BV facilities in Vancouver, B.C. (an ISO 9001-accredited facility), for analyses. Sample pulps were then delivered to BV facilities in Vancouver, B.C., Canada, for analyses (an ISO 9001-accredited facility). Samples were crushed to with more than 70 per cent passing two-millimetre mesh and split using a riffle splitter (code PRP70-250). An approximately 250-gram subsample split was pulverized to minus 200 mesh (74 microns). A 15-gram subsplit from the resulting pulp was then subjected to aqua regia digestion and multielement ICP-ES/MS analysis (code AQ201) and an additional 30-gram pulp spilt subjected to fire assay for gold (ICP-ES finish) (code FA330-Au) for select gold results greater than 0.5 part per million, additionally select samples with highly anomalous copper values were subjected to additional multiacid AAS analysis (code MA401); all coarse rejects and pulps are currently stored at BV.

This news release has been reviewed by Michael Moore, PGeo, vice-president, exploration, of Precipitate Gold, the qualified person for the technical information in this news release under National Instrument 43-101.

About Precipitate Gold Corp.

Precipitate Gold is a mineral exploration company focused on exploring and advancing its mineral property interests in the Tireo gold trend of the Dominican Republic. The company also maintains assets in British Columbia and southeast Yukon and is actively evaluating additional high-impact property acquisitions with the potential to expand the company's portfolio and increase shareholder value.

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