One of the Largest Undeveloped Gold-Silver Projects Globally
Stock Code:
TSXV: CKG, OTCQX: CHPGF
Company Exposure:
Gold, Silver
Project Locations:
Mexico | USA
Chesapeake Gold Corp’s flagship asset is the Metates Project in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas. The company also has a proprietary oxidative leach technology that treats refractory precious metal ores to recover the locked metals. Finally, Chesapeake has an organic pipeline of exploration properties, including the recently discovered high-grade near-surface Lucy oxide gold project.
Investment Highlights
- Advancing Metates towards operations: One of the largest undeveloped gold-silver deposits in the world
- Proprietary oxidative leach technology: Targets a US$1.5T refractory precious metal market by unlocking ounces through a proprietary chemistry and an ESG-friendly pathway to “Green Gold”
- New Lucy oxide gold discovery: Drilling intercepted 6.1g/t gold over 24m from surface. One of several holes delineating a 700m zone of mineralized skarn
- Well funded: ~C$15M in treasury, low burn rate
- Large Supportive Shareholders: Eric Sprott, Sun Valley, and directors/management own >40% equity interest