Precipitate Gold Corporation announced it is now the owner of all Everton Resources Inc.
Precipitate Gold Corporation announced it is now the owner of all Everton Resources Inc. exploration concessions in the Dominican Republic. This includes Pueblo Grande Project, adjoining Barrick’s and Goldcorp’s world-class Pueblo Viejo gold-silver mine, and the Ponton Project located approximately 30 km east of Pueblo Grande. Precipitate said that Mejico Angeles-Lithgow, formerly president and executive director of the Barrick-Pueblo Viejo mining operation, has joined their advisory team.
The company announced that Pueblo Grande’s immediate exploration priority will be the area directly west of Barrick’s mining pits, where a notable geophysical magnetic high coincides with an equally substantial area of advanced argillic lithocap alteration. This highly prospective lithocap target area measuring approximately 2.5 km by 3 km has seen little systematic exploration and will be the focus of initial phases of work.
Source: https://www.geologyforinvestors.com/…ican-republic/
Jan 22, 2019
Category: DR News |