Precipitate Commences Induced Polarization (IP) Survey at Ginger Ridge Zone in Dominican Republic

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce it has initiated a ground Induced Polarization ("IP")
geophysical survey at the Company's 100% owned Juan de Herrera project in the
Dominican Republic.


Insight Geophysics Inc. ("Insight") has been contracted to conduct the survey
and crews have commenced grid line cutting and ground preparations in advance of
the project's maiden geophysical survey. Crews will establish a control grid
over the project's Ginger Ridge Zone, where the Company's previous surface work
outlined a gold-rich geochemical anomaly measuring 1,000 metres by 400 metres
and yielded highlight rock grab sample values up to 11.8 grams per tonne ("g/t")
gold and 100 g/t silver, as well as a 13.0 metre continuous channel sample that
returned 1.5 g/t gold and 20 g/t silver, open in both directions.


Precipitate's President & CEO, Jeffrey Wilson stated "We're excited to commence
this program, as induced polarization geophysical surveying has proven to be an
effective exploration technique at other projects within the Tireo volcanic
belt. It was an important targeting tool at other notable recent discoveries
within the Tireo belt, particularly those of GoldQuest Mining and Unigold Inc.
We're pleased to be working with Insight on this important next phase of
exploration work at our Juan de Herrera concession, as its local experience and
expertise offers Precipitate an advantage in data compilation aimed at
identifying anomalies and delineating possible drill targets."


Insight's IP survey will measure the relative chargeability and resistivity of
underlying rock and highlight areas that may contain higher sulphide and/or
resistive silica concentrations. Previous work in the Tireo belt, by Insight and
others confirmed a correlation between high chargeability and sulphide
mineralization at the Romero and Candelones discoveries. The attached map shows
the approximate outline of the proposed grid to be emplaced in relation to
existing soil geochemical anomalies and grab/channel sample results at Ginger
Ridge. IP surveying will start near the centre of the grid and can be expanded
based on interpretation of results as they are generated. The survey is expected
to provide a greater understanding of the subsurface mineralization and geometry
and assist in prioritizing targets for follow up trenching and/or a first-phase
drill program.


Michael Moore, VP Exploration of the Company and Qualified Person for purposes
of National Instrument 43-101 has reviewed the technical information in this
news release.


Note: Rock grab samples are selective by nature and are unlikely to represent
average grades on the property.


About Precipitate Gold: 

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


Additional information can be viewed at the Company's website
www.precipitategold.com.


On Behalf of the Board of Directors of Precipitate Gold Corp.,

Jeffrey Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein are forward looking information.
Generally, forward-looking information may be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect",
"proposed", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or 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, or might occur or be
achieved. This forward-looking information reflects Precipitate Gold Corp.'s
("Precipitate" or the "Company") current beliefs and is based on information
currently available to Company and on assumptions it believes are reasonable.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Precipitate to be materially different from those
expressed or implied by such forward-looking information. Such risks and other
factors may include, but are not limited to: the exploration concessions may not
be granted on terms acceptable to the Company, or at all; general business,
economic, competitive, political and social uncertainties; the concessions
acquired by the Company may not have attributes similar to those of surrounding
properties; delay or failure to receive governmental or regulatory approvals;
changes in legislation, including environmental legislation affecting mining;
timing and availability of external financing on acceptable terms; conclusions
of economic evaluations; and lack of qualified, skilled labour or loss of key
individuals. Although Precipitate has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information. Precipitate does not
undertake to update any forward-looking information, except in accordance with
applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
Jeffrey Wilson
604-558-0335 or Toll Free: 855-558-0335
investor@precipitategold.com
www.precipitategold.com
Precipitate Gold (TSXV:PRG)
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