TSX-V: CKG | OTC: CHPGF
From the web site: Chesapeake is focused on the exploration and development of precious metal 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.
From the web site: Recently Independent Mining Consultants of Tucson, Arizona reported a NI 43-101 measured and indicated resource estimate of 14.7 million ounces of gold, 396 million ounces of silver and 2.6 billion pounds of zinc plus an inferred resource of 1.9 million ounces gold, 38 million ounces silver and 212 million pounds of zinc. On a gold equivalent basis, Metates contains 20.2 million ounces of gold in measured and indicated material along with 2.4 million ounces in the inferred category. Metates remains open along strike In both directions.
Chesapeake is well-funded to fast track development work at Metates. Metallurgical, engineering and environmental work underway will result in a Preliminary Economic Assessment of Metates by late 2009 – early 2010.
Summary of the NI 43-101 resource estimate:
Click here for valuation info
Press release on Preliminary Economic Assessment Results
Google Docs spreadsheet - PEA Numbers
O/S Options: 2,330,000 @ $3.30 (Expiry 2/11/14)
O/S Warrants: 4,510,301 @ $8.00 (Expiry 2/23/12)
Fully Diluted: 45,150,098
Chesapeake finances as of 09/30/09
Chesapeake Gold web site
2009 AGM Presentation (pdf)
Corporate presentation (pdf) - 2010
News release on metallurgical study results - 11/12/09 (pdf)
Company Profile at 24hGOLD site
Gunpoint Exploration web site - Gunpoint Exploration SI thread
Charts: Daily, Weekly
Industry Consolidation - 2009
Proposed Metates Flowsheet
Metates Area - New Prospects: 1, 2, 3, 4, 5, 6
"Goldcorp is acquiring Canplats at some $54 per ounce. If G would take CKG on similar terms, it would translate to a stock price of $26 for CKG." -Claude Cormier Ormetal
This board is dedicated to our friend Wayne, aka TheBusDriver. He took us down the field, it is up to us to take it into the end zone.