Citi(US:C) Thenewswire·2026-01-14 12:30Core Viewpoint - Precipitate Gold Corp. has successfully completed an induced polarization (IP) geophysical survey at the Jengibre South zone of its Juan de Herrera Project in the Dominican Republic, which is expected to enhance target delineation for future drilling [1][3]. Group 1: Survey Completion and Results - The IP geophysical survey covered four priority exploration targets: Ginger Ridge East, Southeast, Centro, and Jengibre South, totaling 27 line kilometers, with 4.7 kilometers completed at Jengibre South [2][3]. - The survey has identified a northwest-southeast trending exploration corridor with numerous chargeability high anomalies measuring at least 1.5 kilometers long, extending into the Peak zone [4]. - Chargeability anomalies in the Jengibre South area average about 5 mv/v, with some exceeding 10 mv/v, indicating potential mineralization [4]. Group 2: Future Exploration Plans - Additional surface sampling and field reviews will be conducted to prioritize the newly identified anomalies, which are mostly blind with little surface indication [3][4]. - The company plans to follow up on gold and copper surface geochemical anomalies across multiple zones, including CN, Ginger Ridge, Southeast, Centro, Jengibre South, and Peak-Melchor [9]. - Ground-truthing efforts are ongoing in the Southeast and Centro zones, with plans to evaluate the Ginger Ridge East, Jengibre South, and Peak zones shortly [8]. Group 3: Project Background - The Juan de Herrera Project spans approximately 12,706 hectares and is located adjacent to GoldQuest Mining's Romero gold-copper project, hosting intermediate sulphidation epithermal and VMS style exploration targets [13]. - The project has seen the discovery of approximately 5.0 million gold equivalent ounces in the Tireo Formation belt over the last decade, with significant areas remaining underexplored [13].