NEWS

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) is pleased to provide a metallurgical update for its Metates gold-silver project located in Durango State, Mexico and an update regarding the latest developments on the Company’s intellectual property rights. Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, “We are pleased that the metallurgical test work achieved gold recovery rates exceeding 70%, providing verification that our proprietary oxidative leach technology (the “Technology”) is working as planned. These test results will be the foundation for a Metates pre-feasibility study (“PFS”). Looking further ahead, the recent acquisition of certain intellectual property rights (See press release dated June 5, 2024) was a

Vancouver, British Columbia–(Newsfile Corp. – May 29, 2024) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in New York City. Jean-Paul Tsotsos, Interim Chief Executive Officer of Chesapeake Gold Corp. will be presenting about the Company’s recent and future planned activities. 121 Mining Investment New York will be hosting over 80 mining companies and more than 250 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. Alongside the curated schedule of pre-booked meetings matching investors with appropriate projects, the conference programme will provide expert commentary and the latest market intelligence on key industry developments. This year’s

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) is pleased to announce that it and its wholly-owned subsidiary, Alderley Gold Corp. (together “Alderley”) have entered into an agreement with Hycroft Mining Holding Corporation and its wholly owned subsidiaries (collectively “Hycroft”) (the “Purchase Agreement”), to acquire the patents, patent applications, technology and certain other rights (collectively, “Intellectual Property Rights”) to a leaching technology which are currently held under license from Hycroft by Alderley (the “Alderley License”).  Pursuant to the Purchase Agreement, Chesapeake has agreed to pay C$2,000,000 in cash and to issue 1,026,518 common shares of the Company for the Intellectual Property Rights. The common shares will

VANCOUVER, B.C. – Chesapeake Gold Corp. (TSXV:CKG, OTCQX:CHPGF) (“Chesapeake” or the “Company”) is pleased to announce the initial metallurgical test results with up to 97% gold recoveries in standard bottle roll tests at its Lucy Project (“Lucy”) located in central Sinaloa, Mexico.  Composite materials for the bottle roll tests were collected during the Phase 1 drill program at Lucy, consisting of 8 holes along the identified 500 metre (m) gold-bearing skarn corridor.  Jean-Paul Tsotsos, Interim CEO, commented, “The Lucy discovery continues to shine as an exciting project in Chesapeake’s portfolio.  These preliminary Lucy metallurgical results outline a simple, conventional processing pathway to gold doré.  The next phase of exploration and