
CHESAPEAKE ANNOUNCES PROPRIETARY HEAP OXIDATION TECHNOLOGY UPDATES
Vancouver, British Columbia – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to provide a progress update on its proprietary heap oxidation technology (“Technology”) on its Metates project, located in Durango, Mexico. Jean-Paul Tsotsos, Chief Executive Officer, commented, “The first results from the third phase of Metates’ metallurgical testing highlight several significant advances through our variability program, including the ability to maintain and improve precious metals recoveries while reducing oxidation times. The improvements are expected to provide several cost-economic benefits and the opportunity to further enhance production while lowering working capital and costs. In addition, the preliminary High Pressure Grinding Roll (“HPGR”) testwork underway offers
