Precipitate Gold Corp. · TSXV:PRG
Precipitate Gold — Investor Presentation (May 2022)
35 slides from Precipitate Gold's investor presentation, May 2022
Slide 1: Advancing Strategic, District Scale Gold and Copper Camps
Advancing STRATEGIC, DISTRICT SCALE GOLD AND COPPER CAMPS in Newfoundland, Canada and the Dominican Republic OTCQB: PREIF May 2022
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other
Slide 3: Share Structure
Share Structure PREIF Trading Symbols PRG.V 12 Month Trading Chart - PRG.V Issued and Outstanding Shares 129.7M Fully Diluted Shares 153.0M Warrants (@ $0.15 to Dec 2023) 13.0M Options ($0.08 to $0.25) 10.0M Market Capitalization at $0.09 $11.0M Working Capital (at Mar 13, 2022) $8.3M Barrick Gold C
Slide 4: Directors & Management
Directors & Management Adrian Fleming Geologist with 40 years experience. Underworld Resources bought by Kinross for Chairman, Director $139.0M in 2010. Northern Empire bought by Coeur Mining for $117.M in 2018 Current Director of multiple resource-focused public companies Jeffrey Wilson 25 years ex
Slide 5: Dominican Republic Assets
Dominican Republic Assets Unigold Neita 2.0M oz Au Inferred* © Somine OEIAnon © Neita OLa Miel Romero ©) e Juan de Herrera itate Pl ° 'UERTO PLATA'@. coapP Precip Got D NAGUA® La Lechoza Loma Oculta(@) Cumpie Hill Pueblo Grande Loma Re) CerroDorado Ponton Dona Loretta (Ginger Ridge) ( } —Bayaguana S
Slide 6: Relinquishment of Non-Core Areas
Relinquishment of Non-Core Areas News Release, May 13, 2022 Precipitate Receives US$5.0M Cash and 3% NSR from Barrick for Relinquishing Non-Core Areas of Pueblo Grande Project in Amendment to Ongoing Exploration Earn-In Agreement 6
Slide 7: Relinquishment of Non-Core Areas
Relinquishment of Non-Core Areas • Pay US$5,000,000 cash (~C$6,400,000); • Grant 3% NSR (with no re-sale restrictions or rights of first refusal or rights of first offer to Barrick); • Complete 3,200m of condemnation drilling; • If Barrick’s drilling encounters extractable mineralization Barrick wil
Slide 8: Relinquished Areas
Relinquished Areas • Located northwest and southeast of Barrick’s Pueblo Viejo Project • Approximately 2,700 hectares of a 10,000 hectare project • Low priority exploration zones • A total of 119 holes have been drilled in the areas and returned little or no significant mineralization • Situated ove
Slide 9: Newfoundland Projects
Newfoundland Projects Canada USA 9
Slide 10: Burin Region Major Showings
Burin Region Major Showings 10
Slide 11: Motherlode Historical Au Occurrences
Motherlode Historical Au Occurrences 11
Slide 12: Motherlode Regional Structures
Motherlode Regional Structures 12
Slide 13: Motherlode Target Anomalies
Motherlode Target Anomalies Recent data compilation identifies new geochemical target areas 13
Slide 14: Motherlode Magnetic Survey
Motherlode Magnetic Survey 14
Slide 15: Motherlode Priority Targets
Motherlode Priority Targets 15
Slide 16: Motherlode Select Photos
Motherlode Select Photos Quartz vein Stockwork Outcrop: Alteration Shear Zone Silicified volcanic Outcrop: possible iron Fm or hematite-magnetite breccia 16
Slide 17: Motherlode Exploration Plan
Motherlode Exploration Plan ▪ Completed a property wide heliborne high sensitivity magnetics-radiometrics geophysical survey. ▪ Historical and new data acquisition and compilation ▪ Field follow up of selected geophysical and geochemical prospective zones. ▪ Various surface sampling, soil, rock, tre
Slide 18: Ace Project Location
Ace Project Location St. Anthony NEWFOUNDLAND Port aux Basques BURIN PENINSULA> of 200 ae Precipitate www.precipitategold.com | TSX.V:PRG | 18 Gotolconpe
Slide 19: Ace Regional Major Gold Showings
Ace Regional Major Gold Showings ▪ North-central coast Newfoundland ▪ Change Island: 11km north-south by 2.6 km east-west ▪ 80 km north (via combined road and 20-minute government vehicle ferry) from the community of Gander ▪ Newly discovered Ace Zone trends northeast- southwest along the projected
Slide 20: Ace Regional Geology + Gold
Ace Regional Geology + Gold Hosted in highly prospective Exploits Subzone rocks (Dunnage Zone); that host significant gold mineralization across central Newfoundland. Ace dominantly underlain by Ordovician-Silurian age Badger Group sediments and Botwood Group non-marine volcanics, with a general NE-
Slide 21: Ace Trends & Occurrences
Ace Trends & Occurrences ▪ Ace Zone: alteration-shear trend ▪ 10-20m wide, multiple shears, traced on surface to ~ 300m long; ▪ grab rock samples up to 5.4 g/t gold. ▪ NE-SW trend, projected over 2.0km within project borders ▪ Much of Project has experienced no modern Exploration ▪ Government till a
Slide 22: Ace New Target Areas
Change Islands & limited historia} exploration New Gold Zone Discovery, rock grab highlight to Aiea historical ser-carb-quartz alteration, with pyrite fexplorstigh and arsenopyrite + sphalerite and galena Early Stage Prospecting Target Area Major Lineament ————- Minor Lineament www.precipitategold.c
Slide 23: Ace Select Photos
Ace Select Photos Quartz veins with pyrite + arsenopyrite Ace Zone multiple shears and gossans Ace Zone multiple shears and gossans 23
Slide 24: Ace Exploration Plan
Ace Exploration Plan ▪ Report assay results from latest sampling and prospecting campaign ▪ Completed a property wide heliborne high sensitivity magnetics-radiometrics geophysical survey. ▪ Conduct additional more detailed prospecting and sampling program over more of the project area ▪ Possible gro
Slide 25: Dominican Republic Assets
Dominican Republic Assets 25
Slide 26: Strategic Land Position
Strategic Land Position Adjoining Barrick’s Pueblo Viejo • Largest active gold mining operation in Latin America; top 5 largest in the world • 13.4 million ounces gold, 74.4 Moz silver, and 298.5 million pounds copper (measured and indicated mineral resource from 169.5 million tons grading 2.46 g/t
Slide 27: Barrick's Pueblo Grande Earn-In
Barrick’s Pueblo Grande Earn-In BARRICK GOLD CORP. can earn a 70% interest by: • Incurring a minimum of US$10.0 million in six years as follows: o US$2.0 million before the second anniversary, with a US$1.0 million guaranteed minimum; o US$3.5 million in aggregate before the third anniversary; o US$
Slide 28: Pueblo Grande & Ponton Projects
Pueblo Grande & Ponton Projects 30km 28
Slide 29: Dominican Republic Assets
Dominican Republic Assets 29
Slide 30: Juan de Herrera Project Targets
Juan de Herrera Project Targets GQC PRG 30
Slide 31: District Scale Potential
District Scale Potential EB: La Bestia jarreo 2.4% gold 2.42 git “Per “4% South Guama gold 17.0 git —& copper 17.2% Imperial copper 5.3% CI GoldQuest Mining - Tireo Project | | Precipitate Gold - Juan de Herrera 0 5. 10 kilometres copper 34.0% North Guama gold 2.8 g/t Romero 7 Gold/Copper Mineral Re
Slide 32: Summary
Summary Strategic Land Positions Poised for Activation and Drilling Motherlode Gold Project, Newfoundland (right to acquire 100%): ▪ High grade gold rock grab samples, and trench and channel samples warranting follow up; ▪ Underexplored district scale land package stretching 16.5km; ▪ 11 mineral sho
Slide 33: Contact
Jeffrey Wilson Precipitate Gold Corp. CEO & President 625 Howe Street, Suite 580 [email protected] Vancouver, BC V6C 2T6 Canada Michael Moore Telephone: 604-558-0335 Vice President, Exploration [email protected] Toll Free: 855-558-0335 33
Slide 34: Motherlode, Option Deal Summary
Motherlode, Option Deal Summary 4 Year Option Deal Summary Earn 100%, $343,000 + 5.08M Shares DATE CASH SHARES Close $26k 370k 12 month $52k 650k 24 month $74K 990k 36 month $84K 1.27M 48 month $107K 1.80M 1.5% and 2.5% NSR. Portions purchasable and balance with ROFR 34
Slide 35: Ace Option Deal Summary
Ace Option Deal Summary 4 Year Option Deal Summary Earn 100%, $130,000 + 1.6M Shares Anniversary Cash Shares 11 km Close $15k 200k 12 month $20k 250k 24 month $25K 300k 36 month $30K 350k 48 month $40K 500k 1.5% NSR. 1% purchasable for $1.0M and balance with ROFR Residual Regional Magnetics 35