Chesapeake Gold Corp. is pleased to announce the results from the five large diameter core drill holes completed at its flagship Metates project in Durango, Mexico. The drill program was undertaken to provide new core intercepts for a comprehensive metallurgical testwork program and to confirm the higher-grade nature of the Metates intrusive hosted mineralization. Alan Pangbourne, CEO, states: "The drill results from [...]
Chesapeake Gold Corp. announces the Board of Directors have granted 73,500 incentive stock options to Erick Underwood at an exercise price of $4.37 per share for a term of 5 years. The Options will vest and be exercisable on the basis of 25% annually, commencing May 31, 2022, the first anniversary of the date of the grant. About Chesapeake Chesapeake Gold Corp. is focused on the discovery, acquisition and development of [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Erick Underwood as Chief Financial Officer to its senior management team. Mr. Underwood brings over 25 years of international experience in accounting, financial management and corporate development in the mining industry including 14 years while being based in Chile and Peru. Most recently, Erick was the Finance Director at Cia. Minera Zafranal SA owner of [...]
Chesapeake Gold Corp. is pleased to announce that it has completed the previously announced diamond drilling program on its 100%-owned Metates project in Mexico . The Company drilled approximately 2,500 metres of large diameter core providing 10 tonnes of material for metallurgical test work that will focus on the new heap leach processing route. The Samples are being sent to ALS Laboratories in Zacatecas, Mexico for [...]
Chesapeake Gold Corp. is pleased to announce that at the 2021 Annual General Meeting held on May 18, 2021 in Vancouver, British Columbia, Chesapeake's shareholders voted in favour of all items of business. All seven director nominees were elected. A total of 40,289,078 common shares were represented at the AGM, being 59.81% of the Company's issued and outstanding common shares. The following is a tabulation of the votes [...]
Chesapeake Gold Corp. announces that Derek Green is stepping down as a Director of the Company for personal reasons effective immediately. The Company thanks Mr. Green for his contribution and wishes him well in his future endeavours. About Chesapeake Chesapeake Gold Corp. is focused on the discovery, acquisition and development of major gold-silver deposits in North and South America. Chesapeake's flagship asset is the [...]
Chesapeake Gold Corp. , is pleased to announce that it has received the final permits from the local authorities to commence a bulk drilling program at the Metates gold-silver project located in Durango State, Mexico. Chesapeake plans to drill approximately 2,500 meters to recover 10 tonnes of large diameter core to undertake metallurgical testwork in support of a potential sulphide heap leach mine operation. Major [...]
Chesapeake Gold Corp. announces that the Board of Directors have approved a 2021 work program for the Metates project in Durango, Mexico. The Company is also pleased to welcome Carl Edmunds as Special Advisor - Geology and Exploration, effective immediately to assist with key elements of the 2021 work program. 2021 Work Program Includes: Bulk Drilling Program: Chesapeake plans to drill approximately 2,500m to recover 10 [...]
Chesapeake Gold Corp. is pleased to announce that in response to market interest, the new management team will attend the following investor conferences in March 2021 and looks forward to connecting with both existing and future shareholders. Upcoming Conference Attendance: BMO Capital Markets 30th Global Metals & Mining Conference. Alan Pangbourne, CEO, will be presenting on Thursday, March 4, 2021 at 11:00 a.m. ET [...]
Chesapeake Gold Corp. is pleased to announce that it has completed the acquisition of Alderley Gold Corp. , a private British Columbia mining technology company on the terms as previously announced by news release on December 10, 2020. With the acquisition of Alderley, Chesapeake gains access to an innovative precious metals oxidation processing technology together with certain asset rights and proprietary databases [...]
Chesapeake Gold Corp. is pleased to announce that it has entered into a definitive agreement on December 9, 2020 to acquire Alderley Gold Corp. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset rights and proprietary databases, creating the path towards a new growth oriented and innovative gold and silver producer [...]
Chesapeake Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement of 4,000,000 common shares at a price of $5.00 per Common Share for gross proceeds to the Company of $20,000,000 . Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 2,500,000 Common Shares under the Private Placement for total consideration of [...]
