![]() ![]() The Motherlode Project is located approximately 3.5 hours by road from Gander and St. The Motherlode Project augments the Company's existing properties in the Dominican Republic where multiple targets remain drill-ready and awaiting further advancement.'įigure 1 - Motherlode Project Map with Historic Sampling and Drilling Results This, combined with the Project's superb access and infrastructure mean the Company's geological crews can promptly activate field work to identify and prioritize targets with a near term view to generating results. The opportunity to apply the Company's technical expertise with modern exploration techniques provides Precipitate and its shareholders with significant new discovery potential. Combining the contiguous properties with our own staked ground represents the consolidation of an underexplored district-scale land package in a favourable geological environment where significant prior sample and drill results yielded impressive gold values but lacked in adequate systematic follow up. Jeffrey Wilson, Company President & CEO stated, 'We are excited at the opportunity to diversify the Company's project portfolio with this new property acquisition in one of Canada's most active, mining-friendly, and prospective geological jurisdictions. Project regional government till, lake & stream sample geochemistry anomalies include gold, arsenic, antimony, copper, nickel and zinc.ġ2,350 hectare project on Newfoundland's south coast.Įxcellent access and logistical infrastructure, with year-round road access, high-power electrical lines running through the project, nearby Atlantic Ocean ports, and an active nearby industrial fluorite mine.įor reference: g/t = grams per tonne, Au = gold, m = metres shears, schists, folds) with a generally low pyrite content Gold enriched quartz veins and quartz-silica stockworks are strongly associated with 'high strain' rocks (i.e.Major northeast trending, sub-vertical dipping shear-fault zones up to 30 metres wide 11 historical mineral occurrences, including 8 gold showings ĭistrict-scale potential within an estimated 16.5-kilometre-long exploration trend hosted in late Proterozoic-age Burin Group volcanic and ultramafic rocks.Gold Mineralization, Geology, Regional Geochemistry Trench/Channel Results: 0.5m of 4.5 g/t Au, 1.5m of 10.1 g/t Au, 6.2m of 3.6 g/t Au (incl. High grade gold rock grab samples: 25.0 g/t Au, 15.7 g/t Au, 11.6 g/t Au, 6.3 g/t Au & 4.5 g/t Au ![]() (the ' Company' or ' Precipitate') ( TSXV: PRG, OTCQB: PREIF) is pleased to announce it has secured, by a combination of staking and property option agreements, exclusive rights to acquire a 100% interest in mineral exploration licenses totalling 12,350 hectares making up the Motherlode Gold Project (the 'Motherlode Project' or the 'Project') located within the Burin Peninsula of southern Newfoundland, Canada. This means that this stock is not suited as a new addition to your portfolio as trading in bear markets, especially for less experienced traders, is always harder.Vancouver, B.C. This means that if you invested $100 now, your current investment may be worth 64.91$ on 2024 August 03, Saturday. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 0.033363891953773$ ( -35.09% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if PREIF could be a bad portfolio addition. Precipitate Gold stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period. 1 year Precipitate Gold Forecast: 0.033363891953773 *ĥ year Precipitate Gold Forecast: 0.128 * About the Precipitate Gold Corp stock forecastĪs of 2023 August 03, Thursday current price of PREIF stock is 0.0514$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception). ![]()
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