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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (487)	2/13/2013 8:17:07 AM
From: Goose94	Read Replies (1) \| Respond to of 203382

Precipitate Gold (PRG-V) nice looking chart. Begins follow-up exploration at Tireo Feb 11, 2013 - News Release Following encouraging recent results from the company's initial sampling programs, exploration personnel have returned to the Dominican Republic to carry out follow-up geological mapping, detailed ridge and spur soil sampling, and rock chip sampling at the priority Melchor and Ginger Ridge gold zones on the Juan de Herrera concession. As reported earlier, sampling and mapping at Ginger Ridge has identified a prospective area extending at least 1,100 metres long, with rock grab samples up to 11.8 grams per tonne gold and greater than 100 g/t silver. Sampling at the Melchor zone has identified an area of surface quartz vein outcrop and float, where rock grab samples have yielded results up to 6.3 g/t gold. Crews will also investigate other drainages on Precipitate's concession applications that yielded anomalous results that were not followed up on earlier trips. Jeffrey Wilson, company president and chief executive officer, stated: "We are pleased that our recently reported results warrant the commencement of a three-week-long detailed work program at the newly discovered Melchor and Ginger Ridge gold zones. Results of this program will help the company determine the scope and nature of surface gold mineralization at the two zones and, importantly, provide technical guidance for possible future IP-style [induced polarization] geophysical surveying. IP geophysics has become a well-established tool for identifying potential drill targets -- both outcropping and blind -- in the Tireo gold trend." The company also wishes to announce it has entered into a consulting agreement with Grandich Publications LLC dated Feb. 11, 2013. Pursuant to the terms of the agreement, Grandich has agreed to provide investor relations services to the company for a period of three months in consideration of the payment of $2,000 per month and the grant of an option to purchase up to 100,000 common shares of the company at a price of 40 cents subject to vesting according to the company's stock option plan. Headed by Peter Grandich, Grandich Publications will assist the company in strategic marketing and communications. The agreement and the grant of stock option to Mr. Grandich are subject to the acceptance of the TSX Venture Exchange. Note: Rock grab samples are selective by nature and are unlikely to represent average grades on the property. Additional information can be viewed at the company's website. Michael Moore, vice-president, exploration, of the company and qualified person for purposes of National Instrument 43-101, has reviewed the technical information in this news release. We seek Safe Harbor.