Chesapeake Gold Corp. is pleased to announce that it and its wholly-owned subsidiary, Alderley Gold Corp. have entered into an agreement with Hycroft Mining Holding Corp. and its wholly owned subsidiaries , to acquire the patents, patent applications, technology and certain other rights to a leaching technology which are currently held under license from Hycroft by Alderley . Pursuant to the Purchase Agreement, Chesapeake [...]
Chesapeake Gold Corp. is pleased to announce the initial metallurgical test results with up to 97% gold recoveries in standard bottle roll tests at its Lucy Project 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 gold-bearing skarn corridor. Jean-Paul Tsotsos, Interim CEO [...]
Chesapeake Gold Corp. is pleased to announce that it has been added to the Nasdaq Metals Focus Silver Miners Index effective January 29, 2024. "We are excited that Chesapeake was chosen to join our first index, the Nasdaq Metals Focus Silver Miners Index, and believe that our selection to this index is further recognition of our progress and achievements," stated Jean-Paul Tsotsos, Interim Chief Executive Officer. The [...]
Chesapeake Gold Corp. is pleased to announce it has completed a vertical short-form amalgamation pursuant to the Business Corporations Act effective January 1, 2024 with the Company's wholly-owned subsidiary, American Gold Capital Corporation . Pursuant to the Amalgamation, the resulting amalgamated company has adopted the name "Chesapeake Gold Corp.", maintained the same Articles and management as the Company, issued no [...]
Chesapeake Gold Corp. is pleased to announce the grant of stock options under its Stock Option Plan to Mr. Jean-Paul Tsotsos in relation to his appointment as Interim Chief Executive Officer to purchase an aggregate of 200,000 common shares of the Company at an exercise price of C$2.20 per share for a five-year term expiring December 4, 2028. The options will vest and be exercisable on the basis of 25% annually [...]
Chesapeake Gold Corp. is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as Interim Chief Executive Officer, replacing Alan Pangbourne effective November 1, 2023. Mr. Tsotsos is currently Vice-President, Corporate Development and Investor Relations and will continue to also hold that role. Mr. Tsotsos has over 15 years of experience in mining corporate development, strategy, capital markets, project [...]
Chesapeake Gold Corp. is pleased to announce a significant gold discovery at its Lucy Project located in central Sinaloa, Mexico. In total, 14 holes were completed in the 2023 campaign, with approximately 1,710 metres drilled. Lucy is one of several regional exploration properties within Chesapeake's Mexican portfolio. Alan Pangbourne, CEO, commented, "While Chesapeake's primary focus has been advancing the metallurgical [...]
Chesapeake Gold Corp. is pleased to provide a metallurgical and mineralogical update for its world-class Metates gold-silver project located in Durango State, Mexico. Alan Pangbourne, CEO, commented, "We are very encouraged with the latest results from this phase of metallurgical testwork. A systematic, methodological approach individually testing several parameters under different conditions is being undertaken in 42 [...]
Chesapeake Gold Corp. today is announcing that the Company's President and Chief Executive Officer, Alan Pangbourne will be stepping down from his role at the Company effective 1st November 2023 for personal reasons. Mr. Pangbourne will continue to support Chesapeake as President and CEO in the coming months to ensure a smooth transition. The Company will commence an executive search and announce the CEO replacement in [...]
Chesapeake Gold Corp. is pleased to announce that at the 2023 Annual General Meeting held on June 6, 2023 in Vancouver, British Columbia, Chesapeake's shareholders voted in favour of all items of business. All director nominees were elected. The Company's Stock Option Plan was also approved by a majority of the shareholders. The Option Plan must be re-approved on an annual basis by the shareholders at each annual general [...]
Chesapeake Gold Corp. is pleased to announce that today Mr. Jean-Paul Tsotsos stepped into his role as the Company's Vice President Investor Relations & Corporate Development . 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 [...]
Chesapeake Gold Corp. has initiated legal proceedings against the Dirección General de Minas of Mexico 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 [...]
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