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 [...]
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 200,000 common shares of the Company at an exercise price of C$2.15 per share for a five-year term expiring February 7, 2028. The stock options were granted to directors of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing February 7, 2024, the first anniversary of [...]
Chesapeake Gold Corp. announces that it has filed an amended technical report and preliminary economic assessment titled "Metates Sulphide Heap Leach Project - Phase 1" dated January 13, 2023, with an effective date of December 15, 2022 in respect of the Company's Metates project . The Amended Metates Technical Report addresses comments raised by the British Columbia Securities Commission in the course of a review by the [...]
Chesapeake Gold Corp. announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 60,000 common shares of the Company at an exercise price of C$1.92 per share for a 5 year term expiring 28th September, 2027. The stock options were granted to officers of the Company. The options will vest and be exercisable on the basis of 25% annually, commencing 28th September, 2023, the first anniversary [...]
Chesapeake Gold Corp. is pleased to provide a metallurgical update for its world class, Metates gold-silver project located in Durango State, Mexico. Metallurgical Testwork Program - Initial Column The sulphide heap leaching metallurgical test program commenced in May 2021 with a sample that had already been crushed to ½" and stored in Denver for several years. The sample was placed in a transparent column for the [...]