Chesapeake Gold Corp. is pleased to announce that, pursuant to the definitive agreement previously announced in the Chesapeake news release dated October 1, 2025, it has completed the sale of its Tatatila gold-copper project located in Veracruz, Mexico to Mexican Gold Mining Corp. . At closing, Chesapeake acquired 4,451,361 common shares of Mexican Gold , representing 14.99% of the outstanding Mexican Gold common shares [...]
Chesapeake Gold Corp. is pleased to announce the second extension of its exploration agreement for the Metates property, with the local Community of San Juan de Camarones , located in the Municipality of Santiago Papasquiaro, Durango, Mexico. The extension adds an additional five years to the original agreement signed in May 2018, now until October 2030. Jean-Paul Tsotsos, Interim Chief Executive Officer, stated, "For [...]
Chesapeake Gold Corp. announces that it has entered into a definitive agreement to sell its Tatatila gold-copper project located in Veracruz State, Mexico to Mexican Gold Mining Corp. in exchange for such number of common shares of Mexican Gold representing 14.99% of the outstanding common shares of Mexican Gold at closing and a 1.5% net smelter returns royalty . Mexican Gold may repurchase 0.5% of the Royalty for [...]
Chesapeake Gold Corp. is pleased to provide a corporate update on the advancement of its proprietary sulphide leach technology and its regional exploration activities at Lucy. Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, "The third phase of Metates' metallurgical work is progressing well, as we work towards a prefeasibility study in 2026. Observations from the columns indicate that the oxidation process [...]
Chesapeake Gold Corp. is pleased to announce the recent election of Mr. Paul West-Sells to the Board of Directors of the Company at the Company's annual general meeting of shareholders held on June 18, 2025 , together with the returning incumbent directors P. Randy Reifel, Randy Buffington, Doug Flegg, Lian Li, and John Perston. Mr. West-Sells has more than 25 years of experience in the mining industry and held executive [...]
Chesapeake Gold Corp. is pleased to announce the completion of its non-brokered private placement with 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, as the sole investor, as previously announced on June 9, 2025. The Private Placement consisted of a total of 3,700,000 units at a price of $1.20 per Unit for gross proceeds of $4,440,000. Each Unit consists of one common share of the Company and [...]
Chesapeake Gold Corp. is pleased to announce a non-brokered private placement of 3,700,000 units at a price of $1.20 per Unit for gross proceeds of $4,440,000 . Each Unit will consist of one common share of the Company and one-half common share purchase warrant . Each Warrant will be exercisable for one common share of the Company at a price of $1.65 for a period of three years from the date of issuance. 2176423 Ontario [...]
Chesapeake Gold Corp. announces that Alan Pangbourne has stepped down as a director of Chesapeake, effective immediately, to pursue other opportunities. We wish to thank Mr. Pangbourne for his services and wish him the best in his future endeavours. For Further Information: For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Mr. Justin Black as Chief Metallurgical Officer effective February 26, 2025. Mr. Black is a chemical engineer with over 14 years experience in designing, implementing and optimizing process systems for diverse mining applications, including crushing, milling, flotation and refining. He has a strong background in managing large-scale projects, from [...]
Chesapeake Gold Corp. announces that further to its news release dated November 13, 2024, it has filed an appeal with the Collegiate Court in Mexico of the decision of the North Center III and Auxiliary Regional Chamber of the Federal Court of Administrative Justice upholding the cancellation of the San Vicente 3 mineral concession by the Dirección General de Minas of Mexico . The Company has appealed the decision to the [...]
Chesapeake Gold Corp. announces an update in respect of the legal proceedings initiated by the Company related to its San Vicente 3 mineral concession . The Company initiated legal proceedings against the Dirección General de Minas of Mexico in response to the DGM's cancellation of San Vicente 3. San Vicente 3 is one of 12 mineral concessions comprising the Metates project. The Metates project totals 4,260 hectares, of [...]
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 65,000 common shares of the Company at an exercise price of C$1.80 per share for a five-year term expiring November 5, 2029. The stock options were granted to officers of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing November 5, 2025, the first anniversary of [...]