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Chesapeake Gold

Chesapeake is focused on the exploration and development of precious metals projects in the Americas. Chesapeake owns the Metates project located in Durango state, Mexico. Metates is one of the largest undeveloped gold, silver and zinc deposits in the world. Few world class open pit mines have low cost, scalable development options. Metates benefits from its highest ore grade early in the mine life, a low strip ratio and close proximity to key existing infrastructure. Chesapeake has access to a proven and innovative precious metal processing technology that can develop Metates as a sulphide heap leach operation. Relative to conventional flowsheets using autoclave plants for refractory ore bodies, the new production path for Metates will realize lower capital and processing costs, stronger project economics and a smaller environmental footprint. Chesapeake will also strategically seek opportunities in the Americas with the vision to emerge as a multi-mine gold and silver producer. From past discoveries, Chesapeake recognizes that exploration success creates shareholder value. Our exploration is focused on developing an organic satellite pipeline that can capitalize on Metates future mine development and infrastructure. Several district-scale prospects have been discovered near Metates and are being systematically advanced.
Chesapeake Gold