Precipitate Gold Appoints New CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 11, 2013) - Precipitate Gold Corp. (TSX VENTURE:PRG) is pleased to announce the appointment of Ms. Vivien Chuang as the Company's Chief Financial Officer ("CFO"). Ms Chuang is a chartered accountant with over seven years industry experience. She currently acts as CFO for Azincourt Uranium Inc., and previously worked at PricewaterhouseCoopers and Charlton & Company. Ms Chuang replaces Hallein Darby who resigned as CFO of the Company effective September 30, 2013. The Company thanks Ms. Darby for her contributions to the Company and wishes her success in her future endeavours.

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 north British Columbia and the 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.