Chesapeake Gold Corp. announces that Derek Green is stepping down as a Director of the Company for personal reasons effective immediately. The Company thanks Mr. Green for his contribution and wishes him well in his future endeavours. About Chesapeake Chesapeake Gold Corp. is focused on the discovery, acquisition and development of major gold-silver deposits in North and South America. Chesapeake's flagship asset is the [...]
Chesapeake Gold Corp. , is pleased to announce that it has received the final permits from the local authorities to commence a bulk drilling program at the Metates gold-silver project located in Durango State, Mexico. Chesapeake plans to drill approximately 2,500 meters to recover 10 tonnes of large diameter core to undertake metallurgical testwork in support of a potential sulphide heap leach mine operation. Major [...]
Chesapeake Gold Corp. announces that the Board of Directors have approved a 2021 work program for the Metates project in Durango, Mexico. The Company is also pleased to welcome Carl Edmunds as Special Advisor - Geology and Exploration, effective immediately to assist with key elements of the 2021 work program. 2021 Work Program Includes: Bulk Drilling Program: Chesapeake plans to drill approximately 2,500m to recover 10 [...]
Chesapeake Gold Corp. is pleased to announce that in response to market interest, the new management team will attend the following investor conferences in March 2021 and looks forward to connecting with both existing and future shareholders. Upcoming Conference Attendance: BMO Capital Markets 30th Global Metals & Mining Conference. Alan Pangbourne, CEO, will be presenting on Thursday, March 4, 2021 at 11:00 a.m. ET [...]
Chesapeake Gold Corp. is pleased to announce that it has completed the acquisition of Alderley Gold Corp. , a private British Columbia mining technology company on the terms as previously announced by news release on December 10, 2020. With the acquisition of Alderley, Chesapeake gains access to an innovative precious metals oxidation processing technology together with certain asset rights and proprietary databases [...]
Chesapeake Gold Corp. is pleased to announce that it has entered into a definitive agreement on December 9, 2020 to acquire Alderley Gold Corp. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology together with certain asset rights and proprietary databases, creating the path towards a new growth oriented and innovative gold and silver producer [...]
Chesapeake Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement of 4,000,000 common shares at a price of $5.00 per Common Share for gross proceeds to the Company of $20,000,000 . Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 2,500,000 Common Shares under the Private Placement for total consideration of [...]
Chesapeake Gold Corp. , is pleased to announce that it has arranged a non-brokered private placement of 4,000,000 common shares at a price of $5.00 per share for gross proceeds of $20,000,000 . Of that amount, $15,000,000 is being placed with Eric Sprott's company, 2176423 Ontario Ltd., a large shareholder of Chesapeake holding 11.8% of the current issued and outstanding Common Shares. The Sun Valley Gold Master Fund [...]
Chesapeake Gold Corp. announces that pursuant to its Stock Option Plan, the Board of Directors has granted incentive stock options to Mr. Chris Falck for the purchase of 400,000 common shares at an exercise price of $3.15 per share. Mr. Falck was appointed to the Company's Board of Directors at the Annual General Meeting held December 18, 2019. The Options are exercisable for a term of five years from the date of the [...]
Chesapeake Gold Corp. is pleased to announce an option to acquire a 100% interest in the El Duraznito gold-silver project located near the town of Tayoltita in Durango State, Mexico. Regional reconnaissance identified El Duraznito and follow up grassroots exploration generated impressive results. El Duraznito is located about 18 kilometers east of First Majestic Silver Corp.'s San Dimas Mine . San Dimas and El Duraznito [...]
Chesapeake Gold Corp. is pleased to provide a further update on the exploration program at its Crisy and San Javier prospects in Durango State, Mexico. Crisy and San Javier are located 15 kilometers south and 12 kilometers southeast, respectively, of Chesapeake's world-class Metates Project. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Crisy and San Javier were discovered in [...]
OTC Markets Group Inc. , operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2020 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total [...]