Precipitate Gold
Precipitate Gold Corp. is a Canadian junior mineral exploration company that acquires and advances district-scale gold projects in the Dominican Republic and Newfoundland, with three Dominican properties adjacent to Barrick's Pueblo Viejo mine and GoldQuest's Romero project, funded primarily through equity placements and partner-funded earn-in agreements.
- Company typePublic
- Founded2011
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Precipitate Gold does
Precipitate Gold Corp. (TSXV: PRG; OTCQB: PREIF) is a Canadian junior mineral exploration company headquartered in Vancouver, BC, that acquires and advances district-scale gold exploration projects in the Dominican Republic and Newfoundland, Canada. The company operates a portfolio of five 100%-owned exploration properties: three in the Dominican Republic (Juan de Herrera, Pueblo Grande, and Ponton) focused on epithermal and porphyry-style gold systems in the Tireo and Los Ranchos formations, and two in Newfoundland (Motherlode and Ace Gold). The Pueblo Grande Project sits adjacent to Barrick Gold's world-class Pueblo Viejo mine; Juan de Herrera is adjacent to GoldQuest's Romero/Tireo project. The company employs roughly 11-50 employees under President & CEO Jeffrey Wilson and VP Exploration Michael Moore (Qualified Person under NI 43-101), supported by consultant Darren O'Brien (former Pueblo Viejo Chief Geologist at Placer Dome/Barrick).
The company's exploration methodology relies on industry-standard techniques: induced polarization (IP) geophysical surveys (including interpreted 2D Quantitative Vertical IP Sections delineating lithocap alteration systems), airborne magnetic-radiometric surveys, diamond drilling, and systematic surface geochemical sampling (soil, rock, till, and lake sediment). As of May 2026, the company had completed four diamond drill holes (~1,600 metres) of a planned five-hole program (~2,000 metres) at the newly identified Pueblo Grande Norte target. Precipitate holds all permits necessary for ongoing work, including a Dominican Republic Ministry of Environment drill permit for the Ponton Copey Hill Zone and Newfoundland authorizations for airborne geophysics and prospecting on Motherlode and Ace.
The business model is structured around mineral discovery funded by equity capital and partner-funded exploration. The company has historically relied on non-brokered private placements (C$1.4M in April 2020 from Barrick Gold, C$2.2M oversubscribed in December 2021, and C$6.5M in January 2026 led by Dominican investors including Guess Investments Ltd.) and an earn-in/royalty model. Barrick Gold's April 2020 US$10M earn-in agreement on Pueblo Grande was amended in May 2022, returning US$5M in cash and a 3% NSR royalty on the relinquished non-core areas in exchange for Precipitate keeping a 30% carried interest in the retained core. As a pre-revenue explorer, the company has no product pricing; long-term monetization is contingent on either a major discovery being advanced to production by a partner or a corporate transaction.
Precipitate Gold firmographics
Firmographics- Name
- Precipitate Gold
- Legal name
- Precipitate Gold Corp.
- Website
- https://precipitategold.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Precipitate Gold Corp. is a Canadian junior mineral exploration company that acquires and advances district-scale gold projects in the Dominican Republic and Newfoundland, with three Dominican properties adjacent to Barrick's Pueblo Viejo mine and GoldQuest's Romero project, funded primarily through equity placements and partner-funded earn-in agreements.
- Ownership category
- akta.pro rank
Precipitate Gold industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industries
- Copper Exploration & Resource Development (IMAKADAA), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
Keywords
Where Precipitate Gold is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Precipitate Gold business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Earn-in Agreement Payments: Barrick Gold earns into Pueblo Grande Project by incurring US$10M in exploration expenditures over 6 years. Precipitate receives carried interest (30%) with no cash outlay required.
- Private Placements: Non-brokered private placements of common shares to raise exploration capital. Most recently raised $6.4845M in January 2026 from Dominican investors led by Guess Investments Ltd.
- NSR Royalties: 3% Net Smelter Return royalty on non-core areas relinquished to Barrick. Future production royalties if discoveries advance to mining.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Precipitate Gold product offering
Product offeringCore offering
Precipitate Gold Corp. acquires and advances district-scale gold mineral exploration projects in the Dominican Republic (Juan de Herrera, Pueblo Grande, Ponton) and Newfoundland, Canada (Motherlode, Ace). The company employs geophysical surveys (induced polarization, magnetic), diamond drilling, and surface geochemical sampling to identify drill-ready gold targets, then partners with major mining companies through earn-in agreements (e.g., US$10M Barrick agreement) to fund the bulk of exploration expenditures.
Product overview
Precipitate Gold Corp is a mineral exploration company focused on acquiring and advancing district-scale gold assets. The company operates a portfolio of exploration projects in the Dominican Republic (Juan de Herrera, Pueblo Grande, Ponton) and Newfoundland, Canada (Motherlode, Ace). Precipitate maintains 100% ownership of all Dominican Republic assets, with Pueblo Grande subject to an earn-in agreement with Barrick Gold Corporation. The company utilizes conventional mineral exploration methods including geophysical surveys (IP, magnetic), diamond drilling, and surface geochemical sampling to identify and test gold mineralization targets.
Differentiator
Problem solved
Functional benefit
Products and services
- Juan de Herrera Project 100%-owned flagship gold and copper exploration project located adjacent to GoldQuest Mining's Romero/Tireo project in western Dominican Republic, covering approximately 40 km of favorable Tireo Formation lithologies with numerous gold and copper targets.
- Pueblo Grande Project 100%-owned gold exploration project located adjacent to the world-class Pueblo Viejo mine operated by Barrick Gold in central Dominican Republic; formerly under a US$10M earn-in agreement with Barrick where the major incurred US$7.0M and drilled 6,000m in 22 diamond drill holes over 5 years; currently the focus of an active diamond drilling campaign at the newly delineated Pueblo Grande Norte target.
- Ponton Project 100%-owned gold exploration project located 30 km east of Barrick's Pueblo Viejo Mine in central Dominican Republic, hosted in the same Los Ranchos Formation geological terrain, with significant untested multi-element epithermal gold anomalies and drill permits in good standing.
- Motherlode Gold Project 100%-owned gold exploration project in the Burin Peninsula of southern Newfoundland, Canada, covering 12,350 hectares with district-scale potential within a 16.5 km-long exploration trend, subject to NSRs of 1.5% (Vendor Group 1) and 2.5% (Vendor Group 2).
- Ace Gold Project 100%-owned (option) gold exploration project in northern Newfoundland, Canada covering 2,500 hectares at the highly prospective Exploits Subzone geological district, subject to a 1.5% NSR.
Quantifiable outcome
- US$10M exploration commitment from Barrick to advance Pueblo Grande Project
- +2 more outcomes
Companies that use Precipitate Gold
Customer profileSegments1 record
Ideal customer profiles2 records
Precipitate Gold technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Precipitate Gold partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Dig Media Inc. (Investing News Network)minor12-month advertising and investor awareness campaign to increase market awareness of company's Dominican Republic mineral exploration activities. Total cost C$41,527.52 payable in quarterly installments.
- GoldQuest Mining Corp.minorJoint acquisition of drilling equipment (up to 5 operational man-portable diamond drill rigs) from receivership at substantial discount. GoldQuest contributed 50% of acquisition costs in exchange for 50% ownership of equipment assets.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
Precipitate Gold competitors and assessment
Company assessmentDirect peers
- Marathon Gold Corp. Newfoundland-focused gold developer with the Valentine Lake Project in the same geological terrain as Precipitate's Newfoundland assets. Comparable in targeting orogenic gold systems in central Newfoundland, though at a more advanced (PFS-stage) development phase.
- New Found Gold Corp. Junior gold explorer advancing the Queensway Project in Newfoundland, Canada — directly comparable to Precipitate's Motherlode and Ace projects in Newfoundland. Both target high-grade orogenic gold in the Exploits Subzone / Burin Peninsula regions.
- Unigold Inc. Canadian junior gold explorer focused on the Neita concession in the Dominican Republic. Directly comparable to Precipitate in scale, jurisdiction focus, and pre-revenue exploration stage targeting epithermal and porphyry gold systems in Hispaniola.
- GoldQuest Mining Corp. Junior gold-copper explorer operating the Romero/Tireo Project in the Dominican Republic directly adjacent to Precipitate's Juan de Herrera Project. Both companies target gold-copper mineralization in the Tireo Formation, share equipment (jointly acquired drills), and compete for capital and partner attention in the same Dominican gold belt.
Emerging players
- Labrador Gold Corp. Junior gold explorer focused on the Hopedale property in Labrador and other Newfoundland targets. Smaller and earlier-stage than Marathon Gold but shares Precipitate's thesis of district-scale orogenic gold potential in Atlantic Canada.
- Founders Metals Inc. Early-stage junior gold explorer with projects in Suriname and Canada. Comparable in market cap and exploration-stage profile to Precipitate, with similar dependency on capital markets and single-asset drill catalysts.
- Mawson Gold Limited: Junior gold exploration company with projects in Finland and Australia. Comparable in scale, single-commodity (gold) focus, and dependency on drill catalysts and capital raises to advance pre-revenue assets.
Broad incumbents
- Argonaut Gold Inc. Mid-tier gold producer with Latin American and North American assets. Comparable in business model of advancing district-scale gold projects, though Argonaut is production-stage versus Precipitate's exploration-stage profile.
- Barrick Gold Corporation: Precipitate's earn-in partner on Pueblo Grande and operator of the adjacent Pueblo Viejo mine. While not a typical 'peer,' Barrick is the most relevant incumbent — its exploration methodology, capital capacity, and strategic appetite for the region directly shape Precipitate's commercial outcome.
- IAMGOLD Corporation: Mid-tier gold producer with operations and exploration in the Caribbean and South America. Larger and more diversified than Precipitate, but represents the type of mid-tier acquirer that could partner with or acquire Precipitate's district-scale Dominican assets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Precipitate Gold social profiles
Digital presencePrecipitate Gold financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precipitate Gold leadership team
Management profileNumber of profiles
Profiles4 records
Precipitate Gold funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precipitate Gold M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precipitate Gold
What does Precipitate Gold do?
Precipitate Gold Corp. acquires and advances district-scale gold mineral exploration projects in the Dominican Republic (Juan de Herrera, Pueblo Grande, Ponton) and Newfoundland, Canada (Motherlode, Ace). The company employs geophysical surveys (induced polarization, magnetic), diamond drilling, and surface geochemical sampling to identify drill-ready gold targets, then partners with major mining companies through earn-in agreements (e.g., US$10M Barrick agreement) to fund the bulk of exploration expenditures.
Is Precipitate Gold a public or private company?
Precipitate Gold is a public company. It is classified as public and is currently operating.
When was Precipitate Gold founded?
Precipitate Gold was founded in 2011. It employs 11 to 50 people.
Where is Precipitate Gold based?
Precipitate Gold is headquartered in Vancouver, Canada, in the North America region.
How does Precipitate Gold make money?
Three revenue lines are on record. Earn-in Agreement Payments are the primary driver. The others are private Placements and NSR Royalties.
Who are Precipitate Gold's main competitors?
Direct peers on record are Marathon Gold Corp., New Found Gold Corp., Unigold Inc. and GoldQuest Mining Corp.. Emerging players are Labrador Gold Corp., Founders Metals Inc. and Mawson Gold Limited. Broad incumbents are Argonaut Gold Inc., Barrick Gold Corporation and IAMGOLD Corporation.
Does Precipitate Gold have an API?
No public API is recorded for Precipitate Gold.
What industry is Precipitate Gold in?
Precipitate Gold's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKADAA, Copper Exploration & Resource Development. Its NAICS code is 21222 and its SIC code is 1040.