PRG Precipitate Gold Corp

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce follow up trench sampling results from ongoing exploration
programs at the Ginger Ridge zone within the Company's Juan de Herrera
concession in the Dominican Republic. 


Previously, the Company reported continuous rock chip channel (trench) sampling
results from Ginger Ridge that yielded a highlight interval of 13.0 metres of
1.5 grams per tonne ('g/t') gold and 20 g/t silver, and remained open in all
directions (see news release dated April 16, 2013). The latest program of
hand-dug trench sampling has extended the same trench and expanded the gold zone
from 13.0 metres to 32.5 metres of 1.0 g/t gold and 18 g/t silver; including
23.0 metres of 1.3 g/t gold and 22 g/t silver. 


The follow-up trenching and rock chip sampling program at Ginger Ridge has
returned the following results (see the accompanying map or the Company's
website for a detailed trench illustration map):




--  32.5 metres of 1.0 g/t gold and 18 g/t silver (1.3 g/t gold
    equivalent(i) ('AuEq')); including 23.0 metres of 1.3 g/t gold and 22
    g/t silver (1.6 g/t AuEq) in continuous rock chip channel samples;
    mineralization remains open to the north and weakly to the south.  

--  A second new trench was dug perpendicular to the initial trench in an
    east-west direction, bisecting the centre of the original north-south
    trench, and returned 15.0 metres of 1.6 g/t Au and 25 g/t silver (1.9
    g/t AuEq); mineralization remains open to the west and east.  

--  Analyses of all 37 rock samples collected over an area measuring about
    33 x 15 metres have a numerical average of 1.2 g/t gold and 27 g/t
    silver (1.6 g/t AuEq).  



Jeffrey Wilson, Company President & CEO stated, "We are pleased with these
latest results as the sampling work being reported here was initiated as an
addendum to grid preparation for the IP survey that is currently underway. Field
crews increased the length of the previously reported trench by 150% to over 32
metres and added a second cross-cutting trench that reported even greater length
and grade than last year's original trench. The new results provide stronger
evidence of a zone of robust and consistent gold-silver mineralization at Ginger
Ridge. The Ginger Ridge zone continues to evolve into a compelling epithermal
gold-silver target, and we're eagerly anticipating the forthcoming results of
the ongoing IP geophysical survey as a final tool in delineating targets for a
first-phase drill program."


Follow up hand trenching focused on the 2013 trench highlight gold zone by (a)
digging extensions to the north and the south and (b) creating a new second
trench roughly perpendicular (east-west) to the original trench. Continuous rock
chip channel samples were collected from variably clay weathered (saprolite)
dacite rocks at depths ranging from 0.2 to 0.9 metres. Analytical results show
that gold-silver mineralization local to this priority trench area is open to
the north, west and east. All samples, including end samples in all trenches,
are weakly to strongly anomalous in gold and silver. 


Early stage geological mapping at Ginger Ridge indicates that the main trench
area and the aerially much more extensive gold-in-soil anomaly is underlain by
variably altered intermediate volcanic Tireo formation rocks (dacitic flows and
tuffs) which appear to be cut by north, northeast and eastward trending fault
structures. Observed mineralization includes irregular quartz veins, veinlets
and stockworks with varying pyrite (+/- hematite-limonite) contents up to 40%
locally; alteration includes associated clay, barite, calcite and chlorite. 


(i) Gold equivalent (AuEq) calculation: Au g/t + (Ag g/t) x (1/66). $US 20.30
silver and $US 1,335 per ounce gold = 1Ag : 66Au. 


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 samples were bagged, sealed and delivered directly to Acme Labs preparation
facility in Maimon, Dominican Republic where they were dried, crushed 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 (74micron). A 15 gram
sub-split from the resulting pulp was then subjected to aqua regia digestion and
multi-element ICP-MS analysis. 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: 
Jeffrey Wilson
President & CEO
Tel: 604-558-0338
Toll Free: 855-558-0335
investor@precipitategold.com

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