Precipitate Provides Update on Recent Dominican Republic Government Statement; Drilling Continues at Pueblo Grande Project

Vancouver, British Columbia--(Newsfile Corp. - May 6, 2026) - Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the "Company" or "Precipitate") provides an update following a recent statement by the Dominican Republic's President, Luis Abinader regarding specific exploration and development activities in the Dominican Republic. On May 4, 2026, President Luis Abinader announced the temporary halt to activities related to GoldQuest Mining Corp's ("GoldQuest") Romero project in the Province of San Juan in response to public concerns.