#DEFINITION OF PRECIPITATE FREE#

Sediment means solid material, mineral or organic, that is in suspension, is being transported, or has been moved from its site of origin by air, water or gravity as a product of erosion. Gravity, Reid vapor pressure, composition, pour point, water and sediment content, sulfur content, viscosity, distillation, hydrogen sulfide, flash/boiling point and other characteristics as may be required by Carrier.īrine means all saline geological formation water resulting from, obtained from, or produced in connection with exploration, drilling, well stimulation, production of oil or gas, or plugging of a well. For purposes of these regulations, 'radiation dose' is an equivalent term.Īssay means a laboratory analysis of Crude Petroleum to include the following: A.P.I. Nematodes may also be called nemas or eelworms.ĭose is a generic term that means absorbed dose, dose equivalent, effective dose equivalent, committed dose equivalent, committed effective dose equivalent, total organ dose equivalent, or total effective dose equivalent. Nematode means invertebrate animals of the phylum nemathelminthes and class nematoda, consisting of unsegmented worms with elongated fusiform or saclike bodies covered with cuticle and inhabiting soil, water, plants or plant parts. “Sorb” means to either adsorb or absorb, or both.

#DEFINITION OF PRECIPITATE FREE#

Sorbent means a material that is used to soak up free liquids by either adsorption or absorption, or both. Pattern means two or more acts occurring over a period of time, however short, evidencing a continuity of purpose.īiomass means the biodegradable fraction of products, waste and residues from biological origin from agriculture (including vegetal and animal substances), forestry and related industries including fisheries and aquaculture, as well as the biodegradable fraction of industrial and municipal waste The Company granted to Precipitate a 2% NSR royalty on certain of the Reef Claims and a 1% NSR royalty on the remaining Reef Claims (the “Reef NSR”).Īt Precipitate’s election, which must be made within 120 days of the approval by the joint venture of a feasibility study, Barrick will be obligated to provide Precipitate’s portion of any debt financing or arrange for third party financing of Precipitate’s portion of any debt financing required to construct a mine on the Pueblo Grande Property described in the feasibility study in consideration for the transfer by Precipitate to Barrick of a 5% interest in the joint venture.

Immediately afterward, in early January 2015, the Company, via its wholly owned Dominican subsidiary, Precipitate Dominicana S.R.L., re-applied for mineral rights for the same two areas. Upon satisfaction of the Earn-in Conditions and delivery of an exercise notice, Barrick and Precipitate will form a joint venture to be owned 70% by Barrick and 30% by Precipitate. Precipitate is also actively evaluating additional high-impact property acquisitions with the potential to expand the Company's portfolio and increase shareholder value, in other favourable jurisdictions. These new target areas are part of an expanding and developing prospective regional mineral trend that cuts through several portions of Precipitate and GoldQuest Mining Corp's Tireo Gold Camp landholdings. de C.V., incorporated and located in Mexico 3) Precipitate Gold (USA) Corp. located in the Dominican Republic 2) Minera Pendiente S.A. These consolidated financial statements include the financial statements of the Company and its five wholly-owned subsidiaries: 1) 0945044 BC Ltd., incorporated in British Columbia, Canada, which owns 100% of Corporacion Minera San Juan, S.R.L. In exchange for the 100% interest in the property, Precipitate granted Bearing a 2.0% NSR on the claims, of which one-half of the NSR can be purchased at any time for $1.0 million. Ltd., acquired 100% of certain concessions within the Juan de Herrera Project.

The Company will compensate Precipitate in cash for any shortfall to $300,000 in value caused by the TSXV minimum price policies.

Definition of precipitate