Chesapeake Gold Corp. (“Chesapeake”) (TSX VENTURE:CKG) announces that pursuant to its Stock Option Plan, it has granted incentive options to directors, officers, employees and consultants to purchase up to 2,650,000 common shares of the Company at an exercise price of $3.30 per share for a term of 10 years, expiring August 30, 2024. The options will vest and be exercisable on the basis of 25% annually commencing August 29, 2015, the first anniversary of the date of the option grant.

For more information on Chesapeake and its Metates Project, please visit our website at


P. Randy Reifel, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”