Chesapeake Gold Corp. is pleased to announce that at the 2022 Annual General Meeting held on May 25, 2022 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 , as amended and restated to comply with the TSX Venture Exchange's new Policy 4.4 - Security Based Compensation, was also approved by a majority of [...]
Chesapeake Gold Corp. is pleased to announce the results from the last thirteen large diameter infill core drill holes completed at its flagship Metates gold-silver project in Durango, Mexico. In total, 18 holes were completed during the 2021-2022 infill drill campaign which totaled approximately 7,485 metres. Alan Pangbourne, President & CEO, commented: "We are very pleased to report the final holes from the drilling [...]
Chesapeake Gold Corp. is pleased to announce the results from the first five large diameter infill core drill holes completed during the current drill program at its flagship Metates gold-silver project in Durango, Mexico. The 2021-2022 drill program is slated to include 16 holes totaling approximately 6,700 meters. Highlights from the recent holes are provided below: Hole ID From To True Width Gold Grade Silver Grade [...]
Chesapeake Gold Corp. is pleased to provide a corporate update on its world class, Metates gold-silver project located in Durango State, Mexico, together with planned technical work and objectives in 2022. Alan Pangbourne, CEO, commented, "2021 was a transformational year for Chesapeake with new management members and technical team focused on testing a sulfide heap leach technology that could significantly improve [...]
Chesapeake Gold Corp. wishes to report that a 16 hole infill drill program will commence in November on its world class, Metates gold-silver project located in Durango State, Mexico. The five-hole PQ diameter core drill program completed in June for metallurgical test work returned on average, a 19% increase in grade over the block model predicted grades in the intrusive and intrusive breccia ore types. The infill program [...]
Chesapeake Gold Corp. is pleased to announce that it has filed a National Instrument 43-101 Technical Report titled "Metates Sulphide Heap Leach Project - Phase 1" with an effective date of August 30, 2021 . The Technical Report is available for review on SEDAR and the Company's website . Project Update: The Company has shipped the selected drill core samples from Metates to the lab in Vancouver to begin metallurgical [...]
Chesapeake Gold Corp. is pleased to report the positive results of the Preliminary Economic Assessment for the Phase 1 mine plan of the Metates gold-silver project in Durango, Mexico. Phase 1 evaluates the initial development of Metates as a low cost, scalable heap-leach operation. The PEA demonstrates robust project economics with optionality for expansion into a significantly larger operation. The PEA was prepared by M3 [...]
Chesapeake Gold Corp. is pleased to announce the results from the five large diameter core drill holes completed at its flagship Metates project in Durango, Mexico. The drill program was undertaken to provide new core intercepts for a comprehensive metallurgical testwork program and to confirm the higher-grade nature of the Metates intrusive hosted mineralization. Alan Pangbourne, CEO, states: "The drill results from [...]
Chesapeake Gold Corp. announces the Board of Directors have granted 73,500 incentive stock options to Erick Underwood at an exercise price of $4.37 per share for a term of 5 years. The Options will vest and be exercisable on the basis of 25% annually, commencing May 31, 2022, the first anniversary of the date of the grant. About Chesapeake Chesapeake Gold Corp. is focused on the discovery, acquisition and development of [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Erick Underwood as Chief Financial Officer to its senior management team. Mr. Underwood brings over 25 years of international experience in accounting, financial management and corporate development in the mining industry including 14 years while being based in Chile and Peru. Most recently, Erick was the Finance Director at Cia. Minera Zafranal SA owner of [...]
Chesapeake Gold Corp. is pleased to announce that it has completed the previously announced diamond drilling program on its 100%-owned Metates project in Mexico . The Company drilled approximately 2,500 metres of large diameter core providing 10 tonnes of material for metallurgical test work that will focus on the new heap leach processing route. The Samples are being sent to ALS Laboratories in Zacatecas, Mexico for [...]
Chesapeake Gold Corp. is pleased to announce that at the 2021 Annual General Meeting held on May 18, 2021 in Vancouver, British Columbia, Chesapeake's shareholders voted in favour of all items of business. All seven director nominees were elected. A total of 40,289,078 common shares were represented at the AGM, being 59.81% of the Company's issued and outstanding common shares. The following is a tabulation of the votes [...]
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