Precipitate Gold Corp. · TSXV:PRG

Precipitate Gold — Investor Presentation (March 2023)

24 slides from Precipitate Gold's investor presentation, March 2023

  1. 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 Mar 2023

  2. 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

  3. Slide 3: Corporate Highlights

    Corporate Highlights • C$6.5M Working Capital (approx.) • 3 Drill-Ready Projects in Dominican Republic • Barrick Earn-In on Pueblo Grande Project, DR • Drilling Completed on Motherlode Project, Newfoundland – Intersects Pyrite-Gold Zone • New Project Evaluations Underway 3

  4. Slide 4: Share Structure

    Share Structure PRG.V Trading Symbols PREIF 12 Month Trading Chart - PRG.V Issued and Outstanding Shares 130.3M Fully Diluted Shares 153.0M Warrants (@ $0.15 to Dec 2023) 13.0M Options ($0.08 to $0.25) 10.0M Market Capitalization at $0.085 $11.0M Working Capital (at Aug 31, 2022) $7.5M Barrick Gold

  5. Slide 5: Directors & Management

    Directors & Management Adrian Fleming Geologist with 40 years experience. Underworld Resources bought by Kinross for $139.0M in Chairman, Director 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

  6. Slide 6: Dominican Republic Assets

    Dominican Republic Assets Unigold Neita 2.0M oz Au Inferred* PUERTO PLATA®, ‘© Somine (OEIAnon NAGUA® © Neita OLaMiet La Lechoza Loma Oculta@ — Cumpie Hill Pueblo Grande Romero @ Loma Pesada Cerro Dorado Ponto @euan de Herrera Dona Loretta (Ginger Ridge) ° e ae —Bayaguana SAN JUAN DE falcondo Dona A

  7. Slide 7: 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

  8. Slide 8: 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$3.5 million in aggregate before the third anniversary; o US$

  9. Slide 9: 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

  10. Slide 10: 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

  11. Slide 11: Barrick's Pueblo Grande Plans

    Barrick’s Pueblo Grande Plans BARRICK’S 2023 EXPLORATION PLANS: • Targeting both: • near surface high sulphidation epithermal Pueblo Viejo style gold mineralization; and • a possible concealed copper-gold porphyry style target at depth. • Completing a deep penetrating, 2D pole-dipole IP geophysical

  12. Slide 12: Newfoundland Projects

    Newfoundland Projects Canada USA 12

  13. Slide 13: Burin Region Major Showings

    Burin Region Major Showings 13

  14. Slide 14: Motherlode Historical Au Occurrences

    Motherlode Historical Au Occurrences 14

  15. Slide 15: Motherlode Zone IP Chargeability

    Motherlode Zone IP Chargeability 15

  16. Slide 16: Motherlode Zone IP Chargeability

    Motherlode Zone IP Chargeability 16

  17. Slide 17: Motherlode Drill Results – ML22-12

    Motherlode Drill Results – ML22-12 17

  18. Slide 18: Motherlode Corridor Open

    Motherlode Corridor Open Motherlode Project Main Structural Trend Newfoundland, Canada rec pitate Schematic Plan Map (Motherlode Project >) Outline ~~ E “Lan f oO —— Map Area ra 3 {7 od Interpeted Structural Corridor mixed quartz-sercite-chlorite schist rocks Itnaatomosing Serle of Shears ___ “parti

  19. Slide 19: Motherlode Exploration Summary

    Motherlode Exploration Summary ▪ Phase I drill program of 2,700 metres for 12 holes completed November 2022 ▪ Phase I drilling intersects target pyrite-gold zone in hole 12 ▪ 3km-long Motherlode structural corridor remains open and untested for possible follow up ▪ Reinterpreted model type points to

  20. Slide 20: Dominican Republic Assets

    Dominican Republic Assets 20

  21. Slide 21: Juan de Herrera Project Targets

    Juan de Herrera Project Targets GQC PRG 21

  22. Slide 22: District Scale Potential

    District Scale Potential North Guama gold 2.8 git copper 34.0% La Bestia Romero El Barreo copper 2.4% Goldice old/Copper Mineral Resource gold 2.42 git ‘gold 10.3 git copper 7.9% ‘South Guama gold 17.0 git copper 17.2% Romero South old/Copper Mineral Resource gold 67.8 git copper 13.2% Imperial copp

  23. Slide 23: Summary

    Summary Strategic Land Positions Poised for Activation and Drilling Motherlode Gold Project, Newfoundland (right to acquire 100%): ▪ Drilling completed November 2022 – intersected target pyrite-gold zone ▪ 3km-long corridor remains open and untested for folllow up ▪ High grade gold rock grab samples

  24. Slide 24: Contact

    Jeffrey Wilson Precipitate Gold Corp. CEO & President 625 Howe Street, Suite 580 [email protected] Vancouver, BC V6C 2T6 Canada Michael Moore Vice President, Exploration Telephone:604-558-0335 [email protected] Toll Free: 855-558-0335 24

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