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 [...]
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 [...]