PRG Precipitate Gold Corp

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce it has acquired, by staking, multiple new mineral
concessions within the Dominican Republic's Tireo gold belt.


The new concession applications, totalling approximately 3,114 hectares,
increase Precipitate's total landholding in the Tireo Gold Camp by approximately
40%, and extend the Company's land position 12 kilometres to the northwest along
the prospective Tireo formation. The northern extension of Precipitate's new
concession coverage runs immediately adjacent to the western boundary of
GoldQuest Mining Corp's Las Tres Palmas property and is within four kilometres
of GoldQuest's Romero, Romero South, and Guama discoveries. Other new
Precipitate concession applications include areas of Tireo exposures located on
the east side of GoldQuest's holdings, south of GoldQuest's Jengibre showing and
west of Precipitate's Melchor discovery. See the accompanying map
(http://media3.marketwire.com/docs/2014_06_11-NR-PRG-DR-New-Concessions-Tireo.pdf)
for detailed concession locations and geometry, or visit the Company's website
(www.precipitategold.com).


Jeffrey Wilson, Precipitate's President & CEO stated, "We're pleased to have
secured these new concessions as they increase the amount of prospective ground
now held by the Company, including ground that until very recently was held by
another applicant and not available for acquisition. Our work in the region over
the past 2 years has increased our understanding of the Tireo's geology, so we
were swift in submitting our applications when this ground became available.
Given the success achieved to date with a modest exploration budget at our Juan
de Herrera project, we're pleased to have several kilometres of additional Tireo
belt exposures to explore. Additionally, with the recent appointment of the
country's first Minister of Mines and Energy, we expect to see acceleration in
the concession approval and exploration permitting process going forward."


Precipitate is continuing preparations for a first phase drill program at the
Ginger Ridge Zone of the Company's Juan de Herrera project in the Tireo belt.
Details of the program will be announced as plans are finalized.


About Precipitate Gold:

Precipitate Gold Corp. is a mineral exploration company focused on exploring and
advancing its mineral property interests in the Tireo Gold Trend of the
Dominican Republic and Sonora State, Mexico. The Company also maintains assets
in northern British Columbia and southeast Yukon Territory and is actively
evaluating additional high-impact property acquisitions with the potential to
expand the Company's portfolio and increase shareholder value.


Additional information can be viewed at the Company's website
www.precipitategold.com. 


On Behalf of the Board of Directors of Precipitate Gold Corp.,

Jeffrey Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein are forward looking information.
Generally, forward-looking information may be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect",
"proposed", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases, or by the use of words or phrases which state that
certain actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects Precipitate Gold Corp.'s
("Precipitate" or the "Company") current beliefs and is based on information
currently available to Company and on assumptions it believes are reasonable.
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Precipitate to be materially different from those
expressed or implied by such forward-looking information. Such risks and other
factors may include, but are not limited to: the exploration concessions may not
be granted on terms acceptable to the Company, or at all; general business,
economic, competitive, political and social uncertainties; the concessions
acquired by the Company may not have attributes similar to those of surrounding
properties; delay or failure to receive governmental or regulatory approvals;
changes in legislation, including environmental legislation affecting mining;
timing and availability of external financing on acceptable terms; conclusions
of economic evaluations; and lack of qualified, skilled labour or loss of key
individuals. Although Precipitate has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on forward-looking information. Precipitate does not
undertake to update any forward-looking information, except in accordance with
applicable securities laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
Jeffrey Wilson
President & CEO
604-558-0335 or Toll Free: 855-558-0335
investor@precipitategold.com
www.precipitategold.com

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