Chesapeake Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces the Board of Directors have granted 73,500 incentive stock options ("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 ChesapeakeChesapeake Gold Corp. is...
2021-05-31 8:00 AM EDT
Chesapeake Announces Appointment of Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the appointment of Erick Underwood as Chief Financial Officer ("CFO") 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...
2021-05-27 5:00 PM EDT
Chesapeake Gold Completes Bulk Drilling Program and Provides Update on 2021 Work Program
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that it has completed the previously announced diamond drilling program on its 100%-owned Metates project in Mexico (NR4-2021). The Company drilled approximately 2,500 metres of large diameter (PQ) core providing 10 tonnes of material (the "Samples") for metallurgical test work that will focus on the new heap leach processing route.The Samples are being sent to ALS...
2021-05-25 5:00 PM EDT
Chesapeake Gold Announces Results from the Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that at the 2021 Annual General Meeting ("AGM") 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...
2021-05-20 5:20 PM EDT
Chesapeake Gold Announces Director Resignation
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 ChesapeakeChesapeake 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 Metates...
2021-03-23 10:31 PM EDT
Gunpoint Completes Sale of Mexican La Gitana and Pena Blanca Properties
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Gunpoint Exploration Ltd. (TSXV: GUN) ("Gunpoint" or the "Company") is pleased to announce that the TSX Venture Exchange has approved the sale of the La Gitana and Pena Blanca properties ("Properties") in Oaxaca State, Mexico to Inomin Mines Inc. (TSXV: MINE) ("Inomin").Inomin is acquiring a 100% interest in the Properties from Gunpoint for consideration of a $25,000 cash payment and issuing 1.0 million common shares of Inomin to the Company. Gunpoint...
2021-03-22 3:28 PM EDT
Chesapeake Gold Mobilizes Drill Program at Metates Project
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company"), 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 (PQ) to undertake metallurgical testwork in support of a potential sulphide heap leach mine...
2021-03-16 9:00 AM EDT
Chesapeake Gold Announces 2021 Work Program Appointment of Carl Edmunds as Special Advisor
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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...
2021-02-24 9:00 AM EST
Chesapeake Gold Upcoming Investor Conference Participation
Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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....
2021-02-16 9:00 AM EST
Chesapeake Gold Completes Acquisition of Alderley Gold Corp. Appointments of Directors and Officers
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce that it has completed the acquisition of Alderley Gold Corp. ("Alderley"), 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 (the "Technology") together with certain asset rights and...
2021-01-20 8:30 AM EST
Chesapeake Gold Announces Acquisition of Alderley Gold Corp. Creating a Platform for Future Growth and Mining Innovation; Alan Pangbourne to Be Appointed Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company"), is pleased to announce that it has entered into a definitive agreement on December 9, 2020 (the "Agreement") to acquire Alderley Gold Corp. ("Alderley"), a private British Columbia mining technology company. With the acquisition of Alderley, Chesapeake gains access to a proven and innovative precious metals processing technology (the "Technology") together with certain asset rights and proprietary databases, creating the...
2020-12-10 3:33 PM EST
Chesapeake Gold Closes $20 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement of 4,000,000 common shares ("Common Shares") at a price of $5.00 per Common Share for gross proceeds to the Company of $20,000,000 (the "Private Placement").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...
2020-08-19 1:50 PM EDT
Chesapeake Gold Arranges $20 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company"), is pleased to announce that it has arranged a non-brokered private placement of 4,000,000 common shares ("Common Shares") at a price of $5.00 per share for gross proceeds of $20,000,000 (the "Private Placement"). 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...
2020-08-04 12:01 PM EDT
Chesapeake Grants Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces that pursuant to its Stock Option Plan, the Board of Directors has granted incentive stock options ("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...
2020-05-15 9:00 AM EDT
Chesapeake Options Gold-Silver Project near Tayoltita, Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce an option to acquire a 100% interest in the El Duraznito gold-silver project ("El Duraznito") 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...
2020-03-03 9:00 AM EST
Chesapeake Updates Exploration at Metates Regional Prospects
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2020) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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...
2020-02-28 9:00 AM EST
Trenching Cuts Significant Mineralization at Crisy Discovery
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - Chesapeake Gold Corp (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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...
2019-12-19 9:00 AM EST
Chesapeake Expands Footprint of Emerging Gold-Silver Camp near Metates Significant Mechanized Trench Results Returned from Crisy Discovery
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2019) - Chesapeake Gold Corp (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") 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 prosp
2019-10-10 8:00 AM EDT
Chesapeake Closes $12 Million Brokered and $3 Million Non-Brokered Private Placements
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2019) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company"), is pleased to announce closing of the previously announced bought-deal private placement (the "Brokered Offering") and the concurrent non-brokered private placement (the "NonBrokered Offering", and together with the Brokered Offering, the "Offerings"), for aggregate gross proceeds
2019-08-28 10:38 AM EDT
Chesapeake Acquires Metates Royalty from Wheaton Precious Metals Corp.
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2019) - Chesapeake Gold Corp. ("Chesapeake") wishes to announce that it has exercised an option to re-purchase a one percent (1.0%) net smelter returns royalty ("NSR") on its 100% owned Metates gold-silver-zinc project located in Durango State, Mexico. The NSR was purchased from Wheaton Precious Metals (Cayman) Co. ("Wheaton"), a subsidiary of Wheaton Precious Metals Corp. for US$9.0 million.In August 2014, Chesapeake assigned its interest in a 1.5% NSR ("Royalty") on Metates to...
2019-08-09 9:00 AM EDT