On March 7, 2016, the Company announced an updated pre-feasibility study on its 100% owned Metates project located in Durango State, Mexico. The Metates project hosts one of the largest undeveloped gold, silver and zinc reserves in the world. The pre-feasibility study was filed on SEDAR on May 3, 2016 and can be viewed at www.sedar.com.
For more information on Chesapeake and its Metates Project, please visit our website at
www.chesapeakegold.com or contact investor relations at 604-731-1094.

CHESAPEAKE GOLD CORP

P. Randy Reifel, President

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