Ein allgemeines Update:
https://ceo.ca/@newsfile/chesa…update-and-2022-technical
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Chesapeake Provides Corporate Update and 2022 Technical Milestones
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to provide a corporate update on its world class, Metates gold-silver project located in Durango State, Mexico, together with planned technical work and objectives in 2022.
Alan Pangbourne, CEO, commented, "2021 was a transformational year for Chesapeake with new management members and technical team focused on testing a sulfide heap leach technology that could significantly improve Metates' project economics as a low cost, scalable mine. The positive results of the PEA demonstrated an alternative mine plan with an ~90% decrease in development capital compared to an autoclave process flowsheet. In 2022, we plan to advance the metallurgical and technical work that will be key value drivers for the Company."
During 2021, Mr. Randy Reifel, the Founder, Chairman and President of the Company, has been instrumental in assisting in the transition of the new management and technical team. Effective January 1, 2022, Mr. Reifel will step down as President and continue as Executive Chairman of the Board of Directors. Mr. Pangbourne will assume the duties of the President.
Presently, Chesapeake is well funded with C$32 million in cash and marketable securities.
Infill Drill Program
The five-hole PQ diameter core drill program completed in June (NR11-2021) for metallurgical test work returned on average, a 19% increase in grade over the block model predicted grades. In November, two diamond drill rigs commenced a 16-hole infill program that will drill both up and down dip as well as along strike between the June 2021 holes. The Company expects to release results in early 2022 once assays have been received.
An overall increase in grade could have a significant impact on the PEA geological model (NR12-2021) and further improve project economics. Once the assays are received, an updated block model inputting all 21 holes will be the basis for a revised resource estimate, mine planning and future technical studies.
Metallurgical Testwork Program
The Company is also pleased to report that selected 2021 drill core samples from Metates for metallurgical testwork are in a Vancouver lab and 16 columns (see photo below) are oxidizing. Following oxidation, conventional cyanide leaching will be undertaken for precious metal recovery.
The metallurgical testwork will be in 2 phases. Phase 1 will concentrate on composite sample tests to determine the best parameters for processing the Metates mineralisation. Phase 2 will include individual variability testing to develop a detailed geo-metallurgical model. Results from Phase 1 will be incorporated into a prefeasibility study, expected to be delivered in late 2022.
[Blockierte Grafik: https://orders.newsfilecorp.com/files/752/107770_5938ad7f64480ab8_002.jpg]
The image above was taken on November 25th, 2021, shows a colour change from grey to brown as evidence of oxidation in the columns after 2 to 3 days.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.co…8ad7f64480ab8_002full.jpg
Regional Projects
The Company plans to follow up exploration on four Mexican regional projects within its portfolio.
Nicole, Durango State: Broad system of gold-silver-zinc epithermal stockwork and breccia veins with potential gold-copper porphyry mineralization
Lucy, Sinaloa State: Gold and polymetallic skarns with potential gold-copper intrusive hosted mineralization at depth
Sundae, Sinaloa State: Low sulfidation epithermal system over 3 km long and 500 m wide
Tatatila, Veracruz State: Gold-silver-copper skarn with similar geological characteristics to Torex Gold's skarn deposits in Guererro State
About Chesapeake
Chesapeake Gold Corp. is focused on the discovery, acquisition, and development of major gold-silver deposits in North and South America. Chesapeake'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 Americas with over 20 million ounces of gold and 550 million ounces of silver.
Chesapeake also has an organic pipeline of satellite exploration properties strategically located near Metates. In addition, the Company owns 74% of Gunpoint Exploration Ltd. which owns the Talapoosa gold project in Nevada.
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CKG ist die letzte Zeit allgemein unter die Räder gekommen.
Zudem bin ich ziemlich angepisst, was Mexiko angeht. Allerdings sehe ich CKG auch als Technologieträger und habe daher nochmal nachgelegt bei diesen günstigen Preisen.