Precipitate Announces Change of Auditor

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 6, 2013) - Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) announces that it has changed its auditor from KPMG LLP (the "Former Auditor") to Davidson and Company LLP (the "Successor Auditor").

At the request of the Company, the Former Auditor resigned as auditor of the Company and the board of directors of the Company appointed the Successor Auditor as the Company's auditor, effective November 28, 2013. There were no reservations in the Former Auditor's reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the Former Auditor's resignation and there were no reportable events between the Company and the Former Auditor.

The Company's audit committee and the board of directors have approved the resignation of the Former Auditor. Pursuant to National Instrument 51-102 Continuous Disclosure Obligations, the Notice of Change of Auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor have been reviewed by the Company's audit committee and board of directors and will be filed on SEDAR accordingly.

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 northern British Columbia and 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.

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.