Short description
Exploration and development of precious metals projects.
Description
Chesapeake is focused on the exploration and development of precious metals projects in North America. Chesapeake's major project is its 100% owned Metates gold deposit located in Durango state, Mexico. Metates is one of the largest undeveloped gold and silver projects in the world.
Independent Mining Consultants reported NI 43-101 proven and probable reserves of 18.5 million ounces of gold, 526 million ounces of silver and 4.2 billion pounds of zinc. The metal prices assumed for the reserves are $1,200 per ounce gold and $25 for silver per ounce at a cut off grade of 0.35 g/t gold equivalent.
Last funding
No Way
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Total funding
$$3123123
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Location
Vancouver, British Columbia, Canada, North America
Founded on
January 1, 1993
Exited on
July 19, 2002
Went public on
July 19, 2002
Stock symbol
CKG
Non-profit?
No
Acquired?
No
Employees count
11-50