June 6, 2023
NEWS
Chesapeake Gold Announces Stock Option Grant
Vancouver, British Columbia – (May 31, 2023) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company“) is pleased to announce that today Mr. Jean-Paul Tsotsos stepped into his role as the Company’s Vice President Investor Relations & Corporate Development (previously announced by news release dated April 18, 2023). Chesapeake further announces the grant of stock options under its Stock Option Plan to Mr. Tsotsos to purchase an aggregate of 100,000 common shares of the Company at an exercise price of C$1.70 per share for a five-year term expiring May 29, 2028. The options will vest and be exercisable on the basis of 25% annually, commencing May 29,
May 31, 2023
Chesapeake Gold Initiates Legal Proceedings Related to San Vicente 3 Concession
Vancouver, British Columbia – (May 5, 2023) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company“) has initiated legal proceedings against the Dirección General de Minas of Mexico (“DGM“) with the Federal Court of Administrative Justice in the state of Durango, Mexico in response to the DGM’s cancellation of the San Vicente 3 mineral concession. The San Vicente 3 mineral concession is one of 12 mineral concessions comprising the Metates property, representing 700 hectares of the 4,260 hectares in the Metates project, and encompasses a portion of the Metates mineral resource. The Company has recently become aware that the DGM has cancelled the San Vicente 3 mineral
May 5, 2023
Chesapeake Gold Announces Appointment of Interim Chief Financial Officer
Vancouver, British Columbia – (April 28, 2023) Chesapeake Gold Corp. (“Chesapeake” or the “Company”) (TSXV:CKG, OTCQX:CHPGF) is pleased to announce the appointment of Mr. Navin Sandhu as Interim Chief Financial Officer effective May 1st, 2023. The Board of Directors has granted 20,000 incentive stock options (“Options”) to Mr. Sandhu at an exercise price of $2.70 per share. The Options are exercisable for a term of five years and will vest as to 25% annually on each anniversary of the date of the grant. Mr. Sandhu, CPA, has 5 years of accounting, auditing and advisory experience through servicing a wide variety of clients. Mr. Sandhu is President and founder of Nava
April 28, 2023
Chesapeake Gold Announces Appointment of Vice President of Corporate Development and Investor Relations
Vancouver, British Columbia – ( April 18, 2023) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as the Company’s Vice President of Corporate Development and Investor Relations, effective May 29, 2023. Mr. Tsotsos has over 15 years of experience in corporate development, strategy, capital markets, project evaluation’s and development. Until recently, Mr. Tsotsos was the Manager of Corporate Development at Hudbay Minerals, a C$2 billion diversified copper and gold mining company that spans North and South America. Mr. Tsotsos was intimately involved in the development of the Snow Lake gold strategy in Manitoba, the repurchase of
April 18, 2023
Chesapeake Announces Management Update
VANCOUVER, B.C. – Chesapeake Gold Corp. (“Chesapeake” or the “Company”) (TSXV:CKG, OTCQX:CHPGF) today is announcing that the Company’s Chief Financial Officer, Erick Underwood will be stepping down from his role at the Company effective 30th April 2023 to pursue another opportunity. Mr. Underwood will continue to support Chesapeake as CFO in the coming month to ensure that the 2022 annual financial statements and MD&A are completed and filed. The Company will commence an executive search and announce the CFO replacement in due course. Alan Pangbourne, President and CEO of Chesapeake Gold stated: “I would like to thank Erick for his significant contributions to the Company over the past 2 years and for
March 30, 2023
Chesapeake Announces Updated Mineral Resource Estimate 15.8% Increase in Gold Grade of Intrusive and Intrusive Breccia Zone
VANCOUVER, B.C. – Chesapeake Gold Corp. (“Chesapeake” or the “Company”) (TSXV:CKG, OTCQX:CHPGF) is pleased to provide an updated Mineral Resource Estimate (“MRE”) for its world class, Metates gold-silver project located in Durango State, Mexico. The updated MRE is described in Table 1 below and includes: 16.77 million ounces of gold at 0.57 grams per tonne (“g/t”) and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated Mineral Resource category. 2.13 million ounces of gold at 0.47 g/t and 59.0 million ounces of silver at 13.2 g/t within 139.5 million tonnes in the Inferred Mineral Resource category. Analytical results from 23 recently drilled
February 22, 2023