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Chesapeake Gold Corp V.CKG

Alternate Symbol(s):  CHPGF

Chesapeake Gold Corp. is a Canada-based mineral exploration and evaluation company focusing on the acquisition, evaluation and development of major gold-silver deposits in North and Central America. The Company’s flagship asset is the Metates Project (Metates) located in Durango State, Mexico. Metates is 100% owned by the Company and is located about 175 kilometers (km) northeast of Mazatlan in Durango state and is an undeveloped disseminated gold and silver deposit in the world. The Metates property is composed of 12 contiguous concessions totaling about 4,261 hectares (ha) in area. The Company also has a portfolio of exploration properties in Mexico comprising approximately 115,484 ha in the states of Durango, Oaxaca and Veracruz. Its Lucy project comprises about 483 ha and is five kilometers (km) from a paved highway. Its Talapoosa gold project is a low-sulphidation gold/silver property in the Walker Lane gold trend of western Nevada, approximately 45 km east of Reno.


TSXV:CKG - Post by User

Post by MaterialsManon Dec 09, 2022 9:57am
224 Views
Post# 35161435

Chesapeake Gold

Chesapeake GoldBeen with this since inception. It has been a dissapointment appreciation wise, but, it still holds lots of promise. Newcrest has recently taken an interest in a majority owned subsidiary (Gunpoint). Who knows what might become of that? It's Metates project holds not only one of the largest undeveloped gold mines in the world, as well as about 500 million oz.'s of silver. Lots of infrastructure, in addition to to a low estimated capex to develop. You tell me why the MV is at or below 200 million. It is a true mystery.
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