The Assay TV speaks with Jean-Paul Tsotsos, the interim CEO of Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF), a mining company focused on the discovery, acquisition, and development of major gold-silver deposits in the Americas.
Jean discusses Chesapeake’s recent headliner, the Lucy Gold Project in Sinaloa, Mexico, and how it returned metallurgical test results with up to 97% gold recoveries. The second phase of exploration and drilling has already begun on the project to better evaluate the footprint and scale of the new discovery, which he mentions was announced less than six months ago.
Jean-Paul also discusses the company’s flagship project, the Metates project, and how it helped put Chesapeake on the NASDAQ Metals Silver Miners Focus. While it was the first time the company was added to an index, he tells us that Metates is a powerhouse in silver repository and leads as one of the largest undeveloped gold-silver deposits in the world.
Website: www.chesapeakegold.com
Primary tickers: TSXV:CKG, OTCQX:CHPGF
Stage of development: Exploration, Development
Commodities: Gold, Silver
Project to promote: Metates
Project location: Mexico