Chesapeake Gold Corp. is pleased to provide further exploration results from a bulldozer trenching program on its Crisy prospect. Crisy is one of several new grassroots discoveries generated from an on-going regional exploration program southeast of its world class Metates Project in Durango State, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Crisy is located about 15 [...]
Chesapeake Gold Corp. is pleased to provide updated results from its on-going regional exploration program near its world class Metates Project in Durango State, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Three significant gold-silver prospects, Crisy, San Javier and Cerro Pelon, continue to demonstrate district scale potential within different regional structural [...]
Chesapeake Gold Corp. , is pleased to announce closing of the previously announced bought-deal private placement and the concurrent non-brokered private placement , for aggregate gross proceeds to the Company of $15,003,000. Through the Brokered Offering, which was underwritten by Mackie Research Capital Corporation as sole underwriter and bookrunner , the Company issued 5,334,000 common shares at a price of $2.25 per [...]
Chesapeake Gold Corp. wishes to announce that it has exercised an option to re-purchase a one percent net smelter returns royalty on its 100% owned Metates gold-silver-zinc project located in Durango State, Mexico. The NSR was purchased from Wheaton Precious Metals Co. , a subsidiary of Wheaton Precious Metals Corp. for US$9.0 million. In August 2014, Chesapeake assigned its interest in a 1.5% NSR on Metates to Wheaton in [...]
Chesapeake Gold Corp. , is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation as lead underwriter , whereby the Underwriter will purchase, on a bought-deal basis, 5,334,000 common shares of Chesapeake at a price of $2.25 per Common Share for gross proceeds to the Company of $12,001,500 . The lead order for the Offering is from Mr. Eric Sprott, who intends to subscribe for [...]
New Gold-Silver Prospect Discovered near Metates Chesapeake Gold Corp. is pleased to provide a progress report on its regional exploration programs near its world class Metates Project and the Tatatila Project in Veracruz State, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world located in Durango State. Tatatila is a district scale project hosting gold-copper skarn [...]
Chesapeake Gold Corp. wishes to provide an update on the exploration work at its 100% owned Yarely Project in Sinaloa State and Tatatila Project in Veracruz State, Mexico. Yarely is located 25 kilometres west of the proposed Metates plant site and encompasses 76,200 hectares. Metates is Chesapeake’s flagship project which hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Tatatila is a [...]
Chesapeake Gold Corp. wishes to provide an update on the results of the Phase 1 drilling program at its regional Yarely Project in Sinaloa State, Mexico. Yarely encompasses 72,000 hectares and is strategically located 10 kilometres from a paved highway and within 25 kilometres of the proposed Metates plant site. Metates is Chesapeake's flagship project which hosts one of the largest undeveloped gold, silver and zinc [...]
VANCOUVER, British Columbia, Dec. 14, 2017 -- Chesapeake Gold Corp. is pleased to provide an update of the Phase 1 drilling and district wide exploration program at its regional Yarely project in Sinaloa State, Mexico. Yarely is strategically located 10 kilometres from a paved highway and within 25 kilometres of the proposed Metates processing plant site. Metates hosts one of the largest undeveloped gold, silver and zinc [...]
VANCOUVER, British Columbia, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Chesapeake Gold Corp. (“Chesapeake” or the “Company”) (TSX-V:CKG) has commenced a 5,000 metre diamond drill program at its wholly owned Yarely project (“Yarely”) located near the proposed El Paso (Metates) plant site in Sinaloa State, Mexico. Chesapeake controls a 68,000 contiguous hectare land position favorably situated [...]
VANCOUVER, British Columbia, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Chesapeake Gold Corp. ("Chesapeake" or the “Company”) (TSX-V:CKG) announces that pursuant to its Stock Option Plan, the Board of Directors has granted 790,000 options (“Options”) to directors, officers, employees and consultants of the Company, at an exercise price of $3.75 per share. The Options are exercisable for a term of five [...]
VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Chesapeake Gold Corp. (TSX-V:CKG) (“Chesapeake”) is pleased to provide an exploration update for its regional Yarely project (“Yarely”) near the proposed El Paso (Metates) plant site in Sinaloa State, Mexico. Chesapeake owns a 100% interest in Metates which hosts one of the largest undeveloped gold, silver and zinc reserves in the [...]