Precipitate Gold Corp. announced it has commenced ground geophysical surveying at the Motherlode Gold Project within the Burin Peninsula of southern Newfoundland, Canada. The Company has initiated a ground geophysical program of magnetic and induced polarization surveying at the high priority Motherlode Zone.

The IP survey will consist of 11 lines at 100 metre spacing for an estimated total of 7.5 line-kilometers. These two surveys will cover a 1,000 metre portion of the laterally extensive shear-structure trend which bisects the Zone in a northeast - southwest direction. The Motherlode Zone hosts the Project's most notable gold mineralization and related surface colour gossan identified to date, with rock grab sample values up to 25.0 g/t gold and historical drill results including 3.5m at 1.4 g/t gold.

The Company has completed the first phase project-wide exploration program of prospecting, geological mapping and surface sampling, with emphasis on the 7 high priority and 11 secondary target areas outlined in previous news releases. A total of 330 rock samples have been submitted to the laboratory for analyses.