Day: October 3, 2013

Cecilia Due Diligence Work Reports 80% Gold Recovery from Bottle Roll Tests, and Acquisition of Historic Cambior Drilling Data

Precipitate Gold Corp. is pleased to report results from ongoing due diligence work related to the Cecilia Project in Northeastern Sonora state, Mexico. Precipitate has the right to elect to proceed with an option to earn a 100% interest in the project. Due diligence work completed to date has included, but is not limited to: bottle roll test work, the acquisition and evaluation of previously unattainable historic drill core and reports from prior operators, review of the property’s concession and surface title rights, environmental/archeological evaluation, and surface and underground channel and grab sampling programs. The due diligence period expires October 24, 2013.

VVC Signs Share Purchase Agreement

VVC Exploration Corporation is pleased to announce that further to its news release of September 5, 2013, the Share Purchase Agreement between VVC, Camex Mining Development Group Inc. and the shareholders of Camex has been signed by all parties. Pursuant to the terms of the Agreement, VVC will purchase all of the 6,649,200 issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of the Company (the “Issued Shares”) to the Vendors at closing. The Issued Shares will represent approximately 39.9% of all issued and outstanding common shares of the Company on a non-diluted basis, and approximately 33.0% on a fully-diluted basis. The Issued Shares will be subject to resale restrictions imposed by the TSX Venture Exchange for a period of 4 months from closing.

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