Precipitate Gold (OTCQB: PREIF, TSXV: PRG) granted an aggregate of 10,170,000 incentive stock options to certain directors, officers and consultants under its Equity Incentive Plan. Each option allows the holder to acquire one common share at an exercise price of $0.165 per share for a period of five years, expiring on August 24, 2031. The options will vest according to the company’s Equity Incentive Plan and remain subject to acceptance by the TSX Venture Exchange.
Precipitate Gold is a mineral exploration company focused on 100%-owned projects in the Dominican Republic and is evaluating additional property acquisitions.
Precipitate Gold (OTCQB: PREIF) reported final results from its 2,050 metre, five‑hole diamond drill program at the Pueblo Grande Norte zone in the Dominican Republic. The campaign tested newly identified induced polarization chargeability and resistivity anomalies within the central Pueblo Grande North zone.
According to Precipitate Gold, drilling intersected strong alteration, elevated pyrite and extensive silicification that correlate well with the geophysical anomalies, effectively validating the IP survey. However, laboratory assays returned no economically significant mineralization in any hole. With this phase complete, management plans to refocus exploration on the flagship Juan de Herrera project while reviewing new and historical data to decide on any future work at Pueblo Grande.
Precipitate Gold (OTCQB: PREIF, TSXV: PRG) has appointed Dominican business leader Pelayo Troncoso and mining finance executive John Wenger, CPA, to its Board of Directors, effective immediately. The additions restore the Board to five directors.
According to Precipitate, Troncoso brings extensive Dominican Republic and international banking, asset management and capital markets experience, while Wenger adds more than two decades of mining-focused financial reporting, corporate finance, M&A and audit committee leadership. The company states these appointments enhance its Dominican Republic business relationships and financial governance as it advances its wholly owned mineral exploration projects in the country.
Precipitate Gold (OTCQB: PREIF) responds to a May 4, 2026 Dominican Republic presidential statement that paused activities at GoldQuest's Romero project; that pause is limited to Romero and does not affect Precipitate's permits. Diamond drilling continues at the 100%-owned Pueblo Grande project, ~1,600 metres completed, ~2,000 metres planned. The company reports approximately C$9.0 million in working capital and says initial assay results are pending.
Precipitate Gold (OTCQB: PREIF) has begun a diamond drilling campaign at the Pueblo Grande Norte zone of its 100% owned Pueblo Grande Project, commencing March 2026. The initial program is budgeted for four holes (~450m each) for a total of approximately 2,000 metres.
The campaign will test a newly identified cluster of IP chargeability-high anomalies located adjacent to an established large-scale mining operation. Drilling is contracted to Energold and is expected to run 8–12 weeks, with assay results reported as available.
Precipitate Gold Corp (OTCQB: PREIF) entered a 12-month advertising and investor awareness agreement with Dig Media Inc. d.b.a. Investing News Network (INN), a Vancouver-based independent investor news provider. Monthly cost is C$3,460.62; total 12-month cost is C$41,527.52, payable quarterly at C$10,381.88.
INN holds no securities in the company, will receive no options, and the engagement runs through the end of February 2027 unless terminated earlier.
Precipitate (OTCQB: PREIF) signed a drill contract with Energold and completed access and drill pad preparations at the Pueblo Grande Norte Zone in the Dominican Republic on February 27, 2026. The target area is permitted and hosts an IP chargeability anomaly ~800m by >450m, open east-west, at 100–330m depths.
Drilling mobilization will proceed once site works finish; further timing and drill commencement details will be disclosed by the company.