Chesapeake Gold Corp. is pleased to provide an updated Mineral Resource Estimate for its world class, Metates gold-silver project located in Durango State, Mexico. The updated MRE is described in Table 1 below and includes: 16.77 million ounces of gold at 0.57 grams per tonne and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated Mineral Resource category. 2.13 million [...]
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 200,000 common shares of the Company at an exercise price of C$2.15 per share for a five-year term expiring February 7, 2028. The stock options were granted to directors of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing February 7, 2024, the first anniversary of [...]
Chesapeake Gold Corp. announces that it has filed an amended technical report and preliminary economic assessment titled "Metates Sulphide Heap Leach Project - Phase 1" dated January 13, 2023, with an effective date of December 15, 2022 in respect of the Company's Metates project . The Amended Metates Technical Report addresses comments raised by the British Columbia Securities Commission in the course of a review by the [...]
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 60,000 common shares of the Company at an exercise price of C$1.92 per share for a 5 year term expiring 28th September, 2027. The stock options were granted to officers of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing 28th September, 2023, the first anniversary [...]
Chesapeake Gold Corp. is pleased to provide a metallurgical update for its world class, Metates gold-silver project located in Durango State, Mexico. Metallurgical Testwork Program - Initial Column The sulphide heap leaching metallurgical test program commenced in May 2021 with a sample that had already been crushed to ½" and stored in Denver for several years. The sample was placed in a transparent column for the [...]
Chesapeake Gold Corp. is pleased to announce that at the 2022 Annual General Meeting held on May 25, 2022 in Vancouver, British Columbia, Chesapeake's shareholders voted in favour of all items of business. All director nominees were elected. The Company's Stock Option Plan , as amended and restated to comply with the TSX Venture Exchange's new Policy 4.4 - Security Based Compensation, was also approved by a majority of [...]
Chesapeake Gold Corp. is pleased to announce the results from the last thirteen large diameter infill core drill holes completed at its flagship Metates gold-silver project in Durango, Mexico. In total, 18 holes were completed during the 2021-2022 infill drill campaign which totaled approximately 7,485 metres. Alan Pangbourne, President & CEO, commented: "We are very pleased to report the final holes from the drilling [...]
Chesapeake Gold Corp. is pleased to announce the results from the first five large diameter infill core drill holes completed during the current drill program at its flagship Metates gold-silver project in Durango, Mexico. The 2021-2022 drill program is slated to include 16 holes totaling approximately 6,700 meters. Highlights from the recent holes are provided below: Hole ID From To True Width Gold Grade Silver Grade [...]
Chesapeake Gold Corp. is pleased to provide a corporate update on its world class, Metates gold-silver project located in Durango State, Mexico, together with planned technical work and objectives in 2022. Alan Pangbourne, CEO, commented, "2021 was a transformational year for Chesapeake with new management members and technical team focused on testing a sulfide heap leach technology that could significantly improve [...]
Chesapeake Gold Corp. wishes to report that a 16 hole infill drill program will commence in November on its world class, Metates gold-silver project located in Durango State, Mexico. The five-hole PQ diameter core drill program completed in June for metallurgical test work returned on average, a 19% increase in grade over the block model predicted grades in the intrusive and intrusive breccia ore types. The infill program [...]
Chesapeake Gold Corp. is pleased to announce that it has filed a National Instrument 43-101 Technical Report titled "Metates Sulphide Heap Leach Project - Phase 1" with an effective date of August 30, 2021 . The Technical Report is available for review on SEDAR and the Company's website . Project Update: The Company has shipped the selected drill core samples from Metates to the lab in Vancouver to begin metallurgical [...]
Chesapeake Gold Corp. is pleased to report the positive results of the Preliminary Economic Assessment for the Phase 1 mine plan of the Metates gold-silver project in Durango, Mexico. Phase 1 evaluates the initial development of Metates as a low cost, scalable heap-leach operation. The PEA demonstrates robust project economics with optionality for expansion into a significantly larger operation. The PEA was prepared by M3 [...]
