Chesapeake is focused on the exploration and development of precious metal projects in North America. Chesapeake’s major project is its 100% owned Metates gold deposit located in Durango state, Mexico. Metates is one of the largest undeveloped gold and silver projects in the world.
Recently Independent Mining Consultants of Tucson, Arizona reported a NI 43-101 measured and indicated resource estimate of 14.7 million ounces of gold, 396 million ounces of silver and 2.6 billion pounds of zinc plus an inferred resource of 1.9 million ounces gold, 38 million ounces silver and 212 million pounds of zinc. On a gold equivalent basis, Metates contains 20.2 million ounces of gold in measured and indicated material along with 2.4 million ounces in the inferred category. Metates remains open along strike In both directions.
Chesapeake is well-funded to fast track development work at Metates. Metallurgical, engineering and environmental work underway will result in a Preliminary Economic Assessment of Metates by late 2009 – early 2010.
From opportunity, Chesapeake also recognizes that exploration success creates shareholder value. Our exploration is focused on gold projects that have the potential for district-scale success. Chesapeake’s gold portfolio is located in politically stable, miner-friendly countries.
Chesapeake’s management and technical team have an exceptional track record. With Francisco Gold Corp., this team discovered El Sauzal and Marlin, two robust world-class gold mines now owned by Goldcorp Inc. in Mexico and Guatemala.
Chesapeake is listed on the TSX Venture Exchange under the symbol CKG.
KAP. Liegt bei ca. 300 Mio CAN$ Problem ist, dass sie Nur in Toronto gehandelt wird.
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