Chesapeake Confirms No Material Change

Chesapeake Gold Corp. (TSXV: CKG,OTC:CHPGF) (OTCQX: CHPGF) ("Chesapeake" or the "Company") announces that at the request of CIRO, Chesapeake wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

For Further Information:

For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at www.chesapeakegold.com or contact Jean-Paul Tsotsos at invest@chesapeakegold.com or +1 778 731 1362.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

About Chesapeake

Chesapeake Gold Corp's flagship asset is the Metates Project ("Metates") located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas1 with over 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 category. See the technical report titled "Metates Sulphide Heap Leach Project Phase I" dated January 13, 2023, and news release dated February 22, 2023.


1 Mexico's biggest undeveloped gold deposits. Bnamericas. Published Tuesday, November 24, 2020.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278861

News Provided by Newsfile via QuoteMedia

CKG:CC
The Conversation (0)
Chris Temple, gold bars.

Chris Temple: Gold's Next Leg Up — Price Trigger, Key Headwinds

Chris Temple, founder, editor and publisher of the National Investor, shares his outlook for the gold price, explaining why it could still fall as low as US$3,500 per ounce. He also discusses what will trigger the yellow metal's next leg higher.Don't forget to follow us @INN_Resource for... Keep Reading...
Mini cart with gold bars on wooden surface, dark background.

WGC: Gold Demand Faces East/West Divide in Q1 2026

A strong gold price and steady demand for safe-haven assets led to record gold demand value in the first quarter of the year, according to the World Gold Council’s (WGC) latest report.The WGC published its latest Gold Demand Trends report on April 29, highlighting that investor and central bank... Keep Reading...
Gold map of the world over black background.

10 Largest Producers of Gold by Country

With gold prices surging to new all-time highs at the start of 2026, the top gold-producing countries are set to benefit significantly from a runaway bull market. After surging more than 80 percent since January 2025, the market's momentum peaked on January 28, when gold reached an all-time high... Keep Reading...
Analyst Note: Positive PEA Delivered - Rua Gold's Auld Creek Enters PFS Workstream Under New Zealand Fast-Track Approvals

Analyst Note: Positive PEA Delivered - Rua Gold's Auld Creek Enters PFS Workstream Under New Zealand Fast-Track Approvals

After-Tax NPV5% of US$42M and 17% IRR at base case; US$113M and 36% IRR at spot gold. PEA effective April 25, 2026. PFS targeted Q4 2026. CEO signals the project is well-positioned to leverage New Zealand's Fast-Track Approvals permitting process. CanadaNewsGroup.com News Commentary — Rua Gold... Keep Reading...
Tectonic Metals (TSXV:TECT)

Tectonic Metals Launches 40,000 Metre, Five-Rig Drill Program to Advance High-Grade Gold Discoveries and Deliver Maiden Resource at Flat Gold Project, Alaska

Backed by a C$100M treasury, Tectonic deploys a five drill rig campaign to execute on four pillars of value creation: expansion and growth drilling, maiden resource definition, discovery drilling at district-scale targets and advanced project de-risking VANCOUVER, BC / ACCESS Newswire / May 6,... Keep Reading...

Interactive Chart

Latest Press Releases

Related News