Chesapeake Announces Management Update
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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...
2023-08-02 8:00 AM EDT
Chesapeake Gold Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that at the 2023 Annual General Meeting ("AGM") 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 (the "Option Plan") was also approved by a majority of the shareholders. The Option Plan must be re-approved on...
2023-06-06 7:18 PM EDT
Chesapeake Gold Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that today Mr. Jean-Paul Tsotsos stepped into his role as the Company's Vice President Investor Relations & Corporate Development (previously announced by news release dated April 18, 2023).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...
2023-05-31 8:00 AM EDT
Chesapeake Gold Initiates Legal Proceedings Related to San Vicente 3 Concession
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") has initiated legal proceedings against the Dirección General de Minas of Mexico ("DGM") 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...
2023-05-05 7:00 AM EDT
Chesapeake Gold Announces Appointment of Interim Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 ("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...
2023-04-28 5:00 PM EDT
Chesapeake Gold Announces Appointment of Vice President of Corporate Development and Investor Relations
Vancouver, British Columbia--(Newsfile Corp. - April 18, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 billion diversified...
2023-04-18 8:00 AM EDT
Chesapeake Announces Management Update
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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...
2023-03-30 5:20 PM EDT
Chesapeake Announces Updated Mineral Resource Estimate 15.8% Increase in Gold Grade of Intrusive and Intrusive Breccia Zone
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to provide an updated Mineral Resource Estimate ("MRE") 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 ("g/t") and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated...
2023-02-22 5:00 PM EST
Chesapeake Gold Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 200,000 common shares (the "Optioned 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...
2023-02-13 3:26 PM EST
Chesapeake Gold Files Amended Metates Technical Report
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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"). The Amended Metates Technical Report addresses comments raised by the British Columbia Securities Commission...
2023-02-08 5:00 PM EST
Chesapeake Gold Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2022) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces the grant of stock options under its Stock Option Plan to purchase an aggregate of 60,000 common shares (the "Optioned 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...
2022-10-06 4:50 PM EDT
Chesapeake Provides Metallurgical Update for Metates
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to provide a metallurgical update for its world class, Metates gold-silver project located in Durango State, Mexico.Metallurgical Testwork Program - Initial ColumnThe 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...
2022-09-13 8:30 AM EDT
Chesapeake Gold Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2022) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that at the 2022 Annual General Meeting ("AGM") 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 (the "Option Plan"), as amended and restated to comply with the TSX Venture Exchange's (the "TSX-V") new Policy 4.4 -...
2022-05-25 6:10 PM EDT
Chesapeake Completes Infill Drilling Campaign at Metates over 22% Average Higher Grades Encountered Within Intrusive-Hosted Mineralization
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2022) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the results from the last thirteen large diameter (PQ or 85 mm) 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...
2022-04-27 8:30 AM EDT
Chesapeake Infill Drilling Continues to Support Higher Grade Intrusive Mineralization at Metates; ~10% Higher Grades Encountered
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2022) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the results from the first five large diameter (PQ or 88 mm) 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
2022-02-15 9:00 AM EST
Chesapeake Provides Corporate Update and 2022 Technical Milestones
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 Metates' project economics...
2021-12-16 8:00 AM EST
Chesapeake Announces Infill Drilling Program at Metates
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 (NR11-2021) for metallurgical test work returned on average, a 19% increase in grade over the block model predicted grades in the intrusive and intrusive breccia...
2021-10-19 9:00 AM EDT
Chesapeake Files PEA Technical Report and Provides Metates Update
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that it has filed a National Instrument 43-101 ("NI 43-101") Technical Report titled "Metates Sulphide Heap Leach Project - Phase 1" with an effective date of August 30, 2021 (the "Technical Report"). The Technical Report is available for review on SEDAR (www.sedar.com) and the Company's website (www.chesapeakegold.com).Project Update:The Company has shipped the selected drill core samples...
2021-08-30 8:30 AM EDT
Chesapeake Announces Strong PEA Results for Phase 1 Heap Leach Mine at Metates with Pre-Tax NPV of US$1.1 Billion (C$1.4 Billion) and 35% IRR
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to report the positive results of the Preliminary Economic Assessment ("PEA") for the Phase 1 mine plan ("Phase 1") 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...
2021-07-26 8:30 AM EDT
Chesapeake Releases Results from Metates Drill Program; Highlights Include 432 Metres of 1.80 G/t and 282 Metres of 1.53 G/t, Gold-Silver Equivalent
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the results from the five large diameter (PQ or 88 mm) 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:...
2021-06-28 8:45 AM EDT