News

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES STOCK OPTION GRANT

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) announces the grant of stock options to Mr. Rajesh Vyas in relation to his appointment as Chief Financial Officer (previously announced by news release dated January 2, 2026) under its Stock Option Plan to purchase an aggregate of 100,000 common shares of the Company at an exercise price of C$4.24 per share for a five-year term expiring January 5, 2031. The options will vest and be exercisable on the basis of 25% annually, commencing January 5, 2027, the first anniversary of the date of the grant. For Further Information: For more information on Chesapeake, its Metates and Lucy

January 5, 2026

PRESS RELEASE

CHESAPEAKE ANNOUNCES MANAGEMENT UPDATES

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) is pleased to announce that Jean-Paul Tsotsos has been appointed as the Company’s permanent Chief Executive Officer (“CEO”), effective January 1, 2026, following his service as Interim CEO since November 1, 2023. Chesapeake is also pleased to announce the appointment of Rajesh Vyas as Chief Financial Officer and Corporate Secretary, effective January 1, 2026. Mr. Vyas is a seasoned finance executive with over 25 years of experience in the mining industry, including international leadership roles. Mr. Vyas started his mining career as a Controller at the Suriname operations of Iamgold Corporation and has since held progressively senior roles,

January 2, 2026

PRESS RELEASE

CHESAPEAKE CONFIRMS NO MATERIAL CHANGE

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) announces that at the request of CIRO, Chesapeake wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. For Further Information: For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at http://www.chesapeakegold.com or contact Jean-Paul Tsotsos at invest@chesapeakegold.com or +1 778 731 1362. 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

December 22, 2025

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES STOCK OPTION GRANT

VANCOUVER, B.C. – 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 69,000 common shares of the Company at an exercise price of C$2.84 per share for a five-year term expiring December 19, 2030. The stock options were granted to officers of the Company. The options will vest and be exercisable immediately. About Chesapeake Chesapeake Gold Corp’s flagship asset is the Metates Project (“Metates”) located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas1 with over 16.77 million ounces of gold at 0.57 grams per tonne (g/t)

December 19, 2025

Uncategorized

CHESAPEAKE GOLD COMPLETES SALE OF TATATILA PROJECT FOR 14.99% OF MEXICAN GOLD

Vancouver, British Columbia – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce that, pursuant to the definitive agreement previously announced in the Chesapeake news release dated October 1, 2025, it has completed the sale of its Tatatila gold-copper project (“Tatatila”) located in Veracruz, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (“Mexican Gold”). At closing, Chesapeake acquired 4,451,361 common shares of Mexican Gold (the “Consideration Shares”), representing 14.99% of the outstanding Mexican Gold common shares on an undiluted basis. Chesapeake also received a 1.5% net smelter return royalty (the “Royalty”). Mexican Gold may repurchase 0.5% of the Royalty (reducing the Royalty

November 12, 2025

PRESS RELEASE

CHESAPEAKE GOLD EXTENDS COMMUNITY EXPLORATION AGREEMENT AT METATES

Vancouver, British Columbia – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce the second extension of its exploration agreement for the Metates property, with the local Community of San Juan de Camarones (“Community”), located in the Municipality of Santiago Papasquiaro, Durango, Mexico. The extension adds an additional five years to the original agreement signed in May 2018, now until October 2030. Jean-Paul Tsotsos, Interim Chief Executive Officer, stated, “For over 19 years, we have been committed to maintaining an excellent working relationship with the Community and other stakeholders. The Community’s support and collaboration have been integral in providing a development plan for Metates

October 27, 2025

PRESS RELEASE

CHESAPEAKE GOLD ANNOUNCES SALE OF TATATILA PROJECT

Vancouver, British Columbia – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) announces that it has entered into a definitive agreement to sell its Tatatila gold-copper project (“Tatatila”) located in Veracruz State, Mexico to Mexican Gold Mining Corp. (TSXV: MEX) (OTCQB: MEXGF) (“Mexican Gold”) in exchange for such number of common shares of Mexican Gold representing 14.99% of the outstanding common shares of Mexican Gold at closing (the “Consideration Shares”) and a 1.5% net smelter returns royalty (the “Royalty”). Mexican Gold may repurchase 0.5% of the Royalty (reducing the Royalty to 1.0%) for US$500,000 within ten (10) years from the date of execution of the agreement. The

October 1, 2025