The Conversation (0)
Chesapeake Gold (“Chesapeake”) (TSX VENTURE:CKG) is pleased to provide an update on the regional exploration program conducted near its 100% owned Metates project in Durango and proposed El Paso plant site in Sinaloa States, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Four precious and base metal …
Chesapeake Gold (“Chesapeake”) (TSX VENTURE:CKG) is pleased to provide an update on the regional exploration program conducted near its 100% owned Metates project in Durango and proposed El Paso plant site in Sinaloa States, Mexico. Metates hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Four precious and base metal projects with district scale potential have been identified and systematically advanced in 2016 and 2017. Currently, Chesapeake’s regional land position totals more than 85,000 hectares.
As quoted in the press release:
“We are very excited by the exploration results from these emerging new districts” states Randy Reifel, President. “Generative studies and systematic work at Yarely has defined five mineralized zones that warrant drilling. A greenfield discovery at Yarely or El Paso would have the strategic advantage of capitalizing on any future development of a process plant and infrastructure for Metates.”
