FOCUSED ON ADVANCING A Gold Discovery IN THE Dominican Republic

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1 FOCUSED ON ADVANCING A Gold Discovery IN THE Dominican Republic October 2018

2 Forward Looking Statements Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company s control, and that future events and results may vary substantially and materially from what the Company currently foresees. This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Precipitate Gold Corp., nor shall it or any part of it form the basis of or be relied on in connection with or act as any inducement to enter into any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this presentation or on any other document or oral statement or on the completeness accuracy or fairness of any such information and/or opinions. No undertaking, representation, warranty or other assurance express or implied is made or given by or on behalf of Precipitate Gold Corp. or any of its directors, employees or advisors, as to the accuracy or completeness of the information or opinions contained in this presentation and, save in the case of fraud, no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions, misstatements, negligence or otherwise contained or referred to in this presentation. The contents of this presentation have not been approved by an authorized person. 2

3 Introduction Exploration and Discovery in the Dominican Republic Discovery Hole: 13.4 g/t Au within 4.5g/t Au Immediately Adjacent to 2.45M oz AuEq Deposit (GoldQuest Mining) Well Financed with Approximately $1.3 Million in Treasury. No Debt 2017 Drilling Conducted at Ginger Ridge East Evidences VMS Target New Copper-rich Target Identified at Southeast Zone Grabs to 13.5% Cu & 8.5% Cu and Channel Samples of 3m of 2.78% Cu within 18m of 0.7% Cu Multiple New Drill-worthy Targets Emerging for Future of Drilling Mid-tier Producer Interest in Belt Speaks to District-scale Potential 3

4 Share Structure TSX Venture Trading Symbol PRG.V Issued and Outstanding Shares 75.6M Fully Diluted Shares 78.5M Recent Share Price on TSX Venture Exchange $0.05 Market Capitalization at $0.05 Working Capital (approximate as at May 31, 2018) ~$3.0M $1.2M Founders, Management and Insiders 10% Strategic Metals Ltd. 30% 4

5 Directors & Management Adrian Fleming Chairman, Director Jeffrey Wilson President & CEO, Director Responsible for discovery of Underworld Resources White Gold deposit. Underworld bought by Kinross for $139.0M in Current Director of Northern Empire and multiple resource-focused public companies Over 20 years experience. Background in IR and finance. Past Director Welcome Opportunities (purchased by Endeavour Mining 2002) and involved in the formation of Silver Quest Res. (bought by New Gold in 2012 for a value of $130.0M). Former VP at Geologix Explorations. Quinton Hennigh Director Alistair Waddell Director Lon Shaver Director Michael Moore VP Exploration Economic Geologist (PhD) and CEO of Novo Resources. Prior roles with Homestake, Newcrest and Newmont. Led Gold Canyon s exploration at Springpole project near Red Lake, Ontario. Current Director of multiple resource-focused public companies Former President/CEO of GoldQuest Mining Corp. Former VP, Greenfields Exploration for Kinross Gold Corp. Current President and CEO of Inflection Resources. Vice President Silvercorp Mining. Former Investment Banker at Raymond James and former roles as a sell-side mining analyst, public/private company CFO, and independent consultant providing advisory services to mining clients. 27 years experience including various gold systems in Canada, United States, Cuba, Ghana, Greenland and Archean nickel-pgm in Nunavut and manto-crd type systems in Mexico. 5

6 Dominican Republic 6

7 Juan de Herrera Project 7

8 District Scale Potential 8

9 Ginger Ridge Drilling Footprint Ginger Ridge East Zone Ginger Ridge Zone Discovery Hole (hole 5) intersects 13.5 g/t Au over 5.0m within 18.0m of 5.0 g/t Au (within 98.1m of massive/semi-massive sulphide) Total of 23 Drill Holes into 2 Targets within broader 15,000 Hectare Project area 9

10 New Ginger Ridge East Anomaly High Concentration of Elevated Gold-in-Soil Values 10

11 Gold-Zinc-Lead at Ginger Ridge East Ginger Ridge East Multi-Element Anomaly Shows VMS Characteristics 11

12 Ginger Ridge East Zone Drill Results 12

13 Ginger Ridge East Zone Drill Results 13

14 Ginger Ridge East Zone Drill Core 14

15 More Targets Ginger Ridge East Consistent Mineralization Over Substantial Width in Trench Sampling Many Mineralized Surface Areas Still to be Drilled 15

16 Additional Targets Throughout Project New Geochemical and Geophysical Anomalies Identified 17,000 Soil Samples; 14,000 Scanned with XRF Significant Base Metal Values Showing VMS Characteristics Drill-worthy Targets Could be Drilled in

17 Tireo Belt Regional Mineral Trends Regional Showings and Known Mineralization indicate Distinct NW-SE Regional Mineral Trends 17

18 Southern Region Soils and XRF 18

19 Southeast & South Jengibre Soil Anomalies 19

20 Southeast & South Jengibre Soil Anomalies 20

21 Southeast & South Jengibre Soil Anomalies 21

22 Southeast & South Jengibre Soil Anomalies 22

23 Growing Target Areas Fully Permitted Multiple Target Areas Several existing and emerging prospective targets warrant ongoing follow-up and possible future drill testing 23

24 Summary / Next Phase Ginger Ridge East Zone to see Follow-up Drill Testing (on trend with GoldQuest s Cachimbo Discovery - VMS) Copper-rich Southeast Zone and South Jengibre Zones Advancing to Drill Stage Project-wide Geochemical Surveying and XRF Scanning Reveals Multiple Anomalous Zones Throughout Project Additional Zones Throughout Project to See Ongoing Exploration in Attempt to Delineate Future Drill Targets Fully Permitted Well Financed to Complete Current Programs and Additional Exploration Throughout Project 24

25 Appendix Options and Optioned Deal Stock Options: 2,880,000 Options at $0.25 and $0.20 and $0.12 Warrants: Nil Possible receivables from Golden Predator Option of Reef Project: Cash GPY Shares GPY Warrants (Paid) On Signing $400, ,000 shs $1.50 (Paid) Feb 2018 $150, ,000 shs $2.00 Feb 2019 $200,000 $300,000 in shrs* 150%* Feb 2020 $300,000 $300,000 in shrs* 150%* *valued at 21 day VWAP 25

26 Appendix Photos 26

27 Appendix - Ginger Ridge Aerial View Looking West GINGER RIDGE EAST ZONE GINGER RIDGE ZONE camp Hole 5 - Discovery Hole 13.4 g/t gold over 5.0m; within 4.5 g/t gold over 18 metres 27

28 Jeffrey Wilson CEO & President Michael Moore Vice President, Exploration Precipitate Gold Corp. 625 Howe Street, Suite 1020 Vancouver, BC V6C 2T6 Canada Telephone: Toll Free:

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