Precipitate Doubles Strike Length of Ginger Ridge Gold Zone to 2,000 Metres

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce the latest results from a follow up soil and rock sampling
program, completed in connection with ongoing exploration activities at the
Ginger Ridge Zone within the Company's Juan de Herrera concession in the
Dominican Republic. 


As part of the Company's current Induced Polarization ('IP') geophysical survey
at Ginger Ridge, additional soil and rock samples were collected on the expanded
IP control grid. These follow-up grid-based soil and rock sampling results at
Ginger Ridge have substantially expanded and refined the zone with the following
notable results. 




--  Ginger Ridge's gold-in-soil anomaly has been extended from 1,000 metres
    ('m') to more than 2,000m, while remaining open to southeast; 
    
--  A robust gold-enriched multi-element central core within the anomaly has
    been refined to approximately 1,000m by 450m; 
    
--  Two parallel gold zones hosted within prospective Tireo volcanics have
    been demarked. 
    



See the accompanying compilation map or the Company's website for the gold
anomaly illustration map.


Jeffrey Wilson, Company President & CEO stated, "We are pleased with these
latest sampling results from Ginger Ridge which substantially increased the size
of this emerging target. The doubled strike length of the geochemical anomaly in
tandem with recently announced expanded trench results substantiates the
prospective nature of this zone, which is the primary focus of the Company's
current IP geophysical survey. The latest sampling results, in combination with
pending IP survey results, should provide sufficient technical data for
management to initiate a first-phase drill program for the project."


As part of the recent geophysical grid establishment, additional soil and rock
samples were collected along two grid lines to the north and four grid lines to
the south (200m line intervals) off the pre-existing soil grid. The recent soil
and rock sampling has extended and refined the northwest-southeast trending gold
anomaly to more than 2.0 kilometres long and remains open to the southeast. The
gold in soil anomaly has identified two parallel and laterally extensive gold
zones hosted within what is interpreted to be steep northeastward dipping Tireo
volcanic lithologies. The enriched multi-element core anomaly, centred in the
control grid, is characterized by a correlation of gold and silver with several
pathfinder elements which variably include arsenic, antimony, barium, lead,
copper and zinc. 


Surface sampling at Ginger Ridge now covers an estimated area measuring 2,200m
by 750m, blanketing most of the eastern slope of Ginger Ridge. To date, 167 rock
samples and 538 soil samples have been collected and analyzed. Applying the same
statistical threshold used to delineate the previously reported anomaly, the
gold in soil anomaly is set to greater than the 70th percentile, incorporating
both rocks and soils (greater than 242 ppb and greater than 6 ppb gold
respectively). Both grab or continuous chip rock samples were collected from
weathered saprolite and rare outcrops. Soil samples are of clay weathered
saprolite (depths ranging from 10 to 30 cm) and were collected on ridge-spur
traverses or at regular intervals along an established grid. 


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.


Rock and soil samples were bagged, sealed and delivered directly to Acme Labs
preparation facility in Maimon Dominican Republic where they were dried, crushed
(or sieved in the case of soils) and pulped. Sample pulps were then delivered to
Acme labs facilities in Vancouver BC (an ISO 9001 accredited facility) for
analyses. Samples were crushed to with up to 80% passing 2mm and split using a
riffle splitter. An approximately 250 gram sub-sample split was pulverized to
minus 200 mesh (74 micron). A 15 gram sub-split from the resulting pulp was then
subjected to aqua regia digestion and multi-element ICP-MS analysis. Rock
results with gold greater than 1,000 ppb were subjected to fire assay analysis
(30 g pulp). 


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
President & CEO
604-558-0338 or Toll Free: 855-558-0335
investor@precipitategold.com
www.precipitategold.com
Precipitate Gold (TSXV:PRG)
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