Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to report it has received, from the Dominican Republic's Ministry of
Industry and Commerce, notice of the final granting of the exploration
concession for the Company's Juan de Herrera project in the Dominican Republic's
Tireo gold belt. Precipitate will now plan to commence more advanced and
detailed exploration at Juan de Herrera with the objective of defining priority
targets for a possible initial program of drilling.


Precipitate's President & CEO, Jeffrey Wilson stated "We are pleased to have
received this critical concession grant for our Juan de Herrera project and
we're keen to initiate follow up exploration and gold target delineation.
Although the process and timeline to this point has been lengthier than
anticipated, we're appreciative of the efforts of the Dominican Government's
Ministry of Industry and Commerce, and specifically its Director of Mining, Mr.
Alexander Medina, whose department worked diligently to facilitate this grant.
With the concession now granted, Precipitate is fully funded to initiate and
complete the next phase of work at Juan de Herrera."


The Juan de Herrera concession covers an area of 6,542 hectares adjacent to
GoldQuest Mining's Las Tres Palmas (Romero) Project within the highly
prospective Tireo formation. Precipitate's initial programs of sampling and
mapping at Juan de Herrera in late 2012 and early 2013 delineated two
mineralized areas of interest within the concession boundaries. The priority,
Ginger Ridge zone hosts a gold-rich geochemical anomaly measuring more than
1,000 metres by 400 metres, with highlight individual grab samples of 11.8 g/t
gold and 39.0 g/t silver, and continuous channel samples returning 1.5 grams per
tonne ('g/t') gold and 20 g/t silver over 13.0 metres (open at both ends). These
encouraging initial results warrant follow-up exploration to better delineate
potential low to intermediate sulphidation gold-silver targets at Ginger Ridge.


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. 


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.


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.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
604-558-0335
Toll Free: 855-558-0335
investor@precipitategold.com
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