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Tatatila
   
   
  Chesapeake's Tatatila project is located in Veracruz State, Mexico and comprises 15,000 hectares. During 2007-2008, Chesapeake identified several gold-copper skarn prospects similar to the Torex Gold deposits in the Guerrero Gold Belt. Tatatila surrounds the Las Minas project which Mexican Gold Corp. (MEX:TSX-V) reported an initial measured and indicated resource of 304,000 gold equivalent ounces (gold-silver-copper) at a grade of 1.9 g/t gold equivalent and an inferred resource of 719,000 gold equivalent ounces at a grade of 2.17 g/t gold equivalent.

In 2018, Chesapeake conducted a follow-up exploration program and discovered new gold-copper-zinc mineralized skarn bodies along a 3 kilometre southeast trending corridor from Las Minas. Rock chip channel sampling results from 2018 and 2007 (where indicated) include:

La Paulina

12 metres of 3.0 g/t gold, 12 g/t silver and 0.24% copper
6 metres of 5.1 g/t gold, 12 g/t silver and 0.46% copper
18 metres of 3.8 g/t gold, 7 g/t silver and 0.50% copper (sampled 2007)
11 metres of 0.24 g/t gold, 37 g/t silver and 12.95% zinc (sampled 2007)

La Esperanza

12 metres of 1.0 g/t gold, 0.35% copper and 0.22% zinc
6 metres of 0.30 g/t gold, 0.12% copper and 2.05% zinc
12 metres of 0.50 g/t gold, 0.40% copper, 0.70% zinc (sampled 2007)

Tenepanoya

9 metres of 2.3 g/t gold, 8 g/t silver and 0.30% copper
11 metres of 1.4 g/t gold, 0.47% copper
12 metres of 0.20 g/t gold, 0.11% copper and 1.13% zinc

Generative exploration along irregular and extensive contact zones to the east led to the skarn discoveries at Melany in 2007 and Plan de Gallo this year. Melany and Plan de Gallo form a northwest trending intrusive limestone corridor five kilometres long and remains open. Plan de Gallo comprises at least three gold-copper mineralized skarn zones which are 500 metres apart. Rock chip channel sampling sections returned the following results:

Melany

67 metres of 1.6 g/t gold, 7 g/t silver and 0.60% copper

Plan de Gallo

21 metres of 2.2 g/t gold, 5 g/t silver and 0.27% copper


 
 
 
 
   
   
 
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