Precipitate Appoints New CEO and President, Jeffrey Wilson

Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG)
announces the appointment of Jeffrey R. Wilson as CEO and President.


Jeffrey R. Wilson has 20 years of experience in the mineral exploration and
mining investment industry. Mr. Wilson brings to Precipitate a wealth of
contacts throughout the investment community including institutional investors,
retail brokers, investment bankers, mining analysts and private investors.
During his career, Mr. Wilson has been involved in numerous equity financings,
ranging from IPOs to private placements and syndicated brokered financings.


Adrian Fleming, Chairman, states, "We are very pleased to have Jeffery join the
company. His exceptional industry experience and talents will greatly complement
our technical team and we look forward to his immediate contribution and strong
leadership in this key company position."


Mr. Wilson began his career in the early 1990's as an Investor Relations Manager
and eventual Director of two public companies, namely Welcome Opportunities Ltd.
(which was bought out by Endeavour Mining Capital in 2002) and Aquiline
Resources Ltd. (which was bought out by Pan American Silver in 2009). In 2005,
Mr. Wilson was involved in the formation of Silver Quest Resources Ltd. which
was bought out last year by New Gold Inc. Most recently, Mr. Wilson was VP
Corporate Communications at Geologix Explorations Inc.


Precipitate grants to Mr. Wilson options to purchase up to 150,000 common
shares, subject to TSX Venture Exchange acceptance. Each option is exercisable
to acquire one common share of the Company at a price of $0.25 until January 17,
2018 in accordance with the terms of the Company's stock option plan.


About Precipitate Gold Corp.

Precipitate Gold is focused on exploring and developing its gold properties in
the Dominican Republic and northwestern Canada while continuously reviewing
projects of merit that will add shareholder value. With a proven management team
and a growing portfolio of quality gold assets, the Company is well positioned
for continued growth.


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

Adrian Fleming, Chairman of the Board

FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
Daniel Caamano
Investor Relations
604-558-0338 or Toll Free: 1-855-558-0335
[e-mail]
www.precipitategold.com