Chesapeake Gold Corp. is pleased to announce the grant of stock options under its Stock Option Plan to Mr. Jean-Paul Tsotsos in relation to his appointment as Interim Chief Executive Officer to purchase an aggregate of 200,000 common shares of the Company at an exercise price of C$2.20 per share for a five-year term expiring December 4, 2028. The options will vest and be exercisable on the basis of 25% annually [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as Interim Chief Executive Officer, replacing Alan Pangbourne effective November 1, 2023. Mr. Tsotsos is currently Vice-President, Corporate Development and Investor Relations and will continue to also hold that role. Mr. Tsotsos has over 15 years of experience in mining corporate development, strategy, capital markets, project [...]
Chesapeake Gold Corp. is pleased to announce a significant gold discovery at its Lucy Project located in central Sinaloa, Mexico. In total, 14 holes were completed in the 2023 campaign, with approximately 1,710 metres drilled. Lucy is one of several regional exploration properties within Chesapeake's Mexican portfolio. Alan Pangbourne, CEO, commented, "While Chesapeake's primary focus has been advancing the metallurgical [...]
Chesapeake Gold Corp. is pleased to provide a metallurgical and mineralogical update for its world-class Metates gold-silver project located in Durango State, Mexico. Alan Pangbourne, CEO, commented, "We are very encouraged with the latest results from this phase of metallurgical testwork. A systematic, methodological approach individually testing several parameters under different conditions is being undertaken in 42 [...]
Chesapeake Gold Corp. today is announcing that the Company's President and Chief Executive Officer, Alan Pangbourne will be stepping down from his role at the Company effective 1st November 2023 for personal reasons. Mr. Pangbourne will continue to support Chesapeake as President and CEO in the coming months to ensure a smooth transition. The Company will commence an executive search and announce the CEO replacement in [...]
Chesapeake Gold Corp. is pleased to announce that at the 2023 Annual General Meeting held on June 6, 2023 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 was also approved by a majority of the shareholders. The Option Plan must be re-approved on an annual basis by the shareholders at each annual general [...]
Chesapeake Gold Corp. is pleased to announce that today Mr. Jean-Paul Tsotsos stepped into his role as the Company's Vice President Investor Relations & Corporate Development . Chesapeake further announces the grant of stock options under its Stock Option Plan to Mr. Tsotsos to purchase an aggregate of 100,000 common shares of the Company at an exercise price of C$1.70 per share for a five-year term expiring May 29, 2028 [...]
Chesapeake Gold Corp. has initiated legal proceedings against the Dirección General de Minas of Mexico with the Federal Court of Administrative Justice in the state of Durango, Mexico in response to the DGM's cancellation of the San Vicente 3 mineral concession. The San Vicente 3 mineral concession is one of 12 mineral concessions comprising the Metates property, representing 700 hectares of the 4,260 hectares in the [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Mr. Navin Sandhu as Interim Chief Financial Officer effective May 1st, 2023. The Board of Directors has granted 20,000 incentive stock options to Mr. Sandhu at an exercise price of $2.70 per share. The Options are exercisable for a term of five years and will vest as to 25% annually on each anniversary of the date of the grant. Mr. Sandhu, CPA, has 5 years of [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as the Company's Vice President of Corporate Development and Investor Relations, effective May 29, 2023. Mr. Tsotsos has over 15 years of experience in corporate development, strategy, capital markets, project evaluation's and development. Until recently, Mr. Tsotsos was the Manager of Corporate Development at Hudbay Minerals, a C$2 [...]
Chesapeake Gold Corp. today is announcing that the Company's Chief Financial Officer, Erick Underwood, will be stepping down from his role at the Company effective 30th April 2023 to pursue another opportunity. Mr. Underwood will continue to support Chesapeake as CFO in the coming month to ensure that the 2022 annual financial statements and MD&A are completed and filed. The Company will commence an executive search and [...]
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 [...]