Vancouver, British Columbia--(Newsfile Corp. - October 20, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) - An exploration company with two significant gold projects in Mexico and a proprietary oxidative leach technology to recover precious metals from sulphide ores. Chesapeake Gold recently unveiled groundbreaking results from the oxidative leach technology, highlighting precious metal enriched sulfides oxidizing at a rate 50% faster than previous test work1. The technology has the potential to unlock gold sulphide ores globally, which would be a significant step change for the gold industry.
Chesapeake's Metates project in Durango is an example of a sulphide gold project that will benefit from this technology, and the project has a large resource of 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 and a further 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 category2.
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Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF)
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