Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce it has reached the important and concluding application
stage of its Hato Nuevo property. In advance of a final concession grant, the
Company has reached the penultimate "Extracto stage" in the application process.
Known internally to Precipitate as the Hato Nuevo property, the concession
application is officially named "Los Pinalitos" by Dominican Republic
authorities. 


The Hato Nuevo property comprises 1,444 hectares and is contiguous to and
northwest of Precipitate's Juan de Herrera concession and immediately adjacent
to the west of Goldquest's Las Tres Palmas project. Early stage reconnaissance
sampling at Hato have yielded gold results up to 3.7 g/t in rock grab samples
(Note: Rock grab samples are selective by nature and are unlikely to represent
average grades on the property).


Precipitate's President & CEO, Jeffrey Wilson stated, "We're pleased to have
advanced a second concession application to the Extracto Stage, as part of our
intention to increase our holdings in the favourable Tireo Gold Belt of the
Dominican Republic. Upon receipt of the final concession grant, the Company will
design a follow up program at Hato Nuevo with a view to expanding on newly
identified geochemical anomalies which were discovered during the Company's 2013
reconnaissance exploration work." 


Receipt of the Extracto represents a critical threshold in the concession
approval process. Precipitate will complete the remaining applicant obligations
in anticipation of final grant of the concession, expected in the coming months.


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. 


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

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