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 [...]
Chesapeake Gold Corp. is pleased to provide a metallurgical update for its Metates gold-silver project located in Durango State, Mexico and an update regarding the latest developments on the Company's intellectual property rights. Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, "We are pleased that the metallurgical test work achieved gold recovery rates exceeding 70%, providing verification that our [...]
Chesapeake Gold Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. The Company will pay ICP a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The [...]
Chesapeake Gold Corp. is pleased to announce the Phase 2 drill program has extended the gold-bearing skarn mineralized corridor at its Lucy Project located in central Sinaloa, Mexico. In total, 12 holes and 939 metres were drilled along the known mineralized corridor, and an additional 101 surface soil and rock geochemistry samples were collected to the Northeast of the drilled gold zone. The Company also completed a [...]
Chesapeake Gold Corp. is pleased to announce that it and Alderley Gold Corp., the Company's wholly-owned subsidiary, have completed the acquisition of the patents, patent applications and certain other technology rights and assets for the sulphide leaching technology from Hycroft Mining Holding Corp. and its wholly-owned subsidiaries on the terms as announced in the news release on May 23, 2024 . On closing, Chesapeake [...]
Chesapeake Gold Corp. is pleased to announce that it and its wholly-owned subsidiary, Alderley Gold Corp. have entered into an agreement with Hycroft Mining Holding Corp. and its wholly owned subsidiaries , to acquire the patents, patent applications, technology and certain other rights to a leaching technology which are currently held under license from Hycroft by Alderley . Pursuant to the Purchase Agreement, Chesapeake [...]
Chesapeake Gold Corp. is pleased to announce the initial metallurgical test results with up to 97% gold recoveries in standard bottle roll tests at its Lucy Project located in central Sinaloa, Mexico. Composite materials for the bottle roll tests were collected during the Phase 1 drill program at Lucy, consisting of 8 holes along the identified 500 metre gold-bearing skarn corridor. Jean-Paul Tsotsos, Interim CEO [...]
Chesapeake Gold Corp. is pleased to announce that it has been added to the Nasdaq Metals Focus Silver Miners Index effective January 29, 2024. "We are excited that Chesapeake was chosen to join our first index, the Nasdaq Metals Focus Silver Miners Index, and believe that our selection to this index is further recognition of our progress and achievements," stated Jean-Paul Tsotsos, Interim Chief Executive Officer. The [...]
Chesapeake Gold Corp. is pleased to announce it has completed a vertical short-form amalgamation pursuant to the Business Corporations Act effective January 1, 2024 with the Company's wholly-owned subsidiary, American Gold Capital Corporation . Pursuant to the Amalgamation, the resulting amalgamated company has adopted the name "Chesapeake Gold Corp.", maintained the same Articles and management as the Company, issued no [...]
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