Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Chesapeake Gold Corp. logo

Chesapeake Gold Corp.

CKG.VSmall CapGold

Price History

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About Chesapeake Gold Corp.

Chesapeake Gold Corp. (CKG.V) is a gold mining company listed on the TSX Venture Exchange (TSXV). Our project database tracks 4 projects for Chesapeake Gold Corp. with technical and economic data extracted from company filings. Its flagship Metates (2016 PFS comparison) (Pre-Feasibility) carries an after-tax NPV of $1.80B over a 27-year mine life.

Chesapeake Gold is advancing the Metates gold-silver project in Durango, Mexico, one of the world's largest undeveloped gold-silver deposits. The project hosts substantial measured and indicated resources in a prolific mining district with strong metallurgical characteristics.

Primary Commodities

Gold

Project Economics

Lucy Project

Gold· Sinaloa, Mexico· Exploration
Recovery97%

Metates

Gold-Silver· Durango, Mexico· Development
PEA
Jan 2023
NPV (Pre-Tax)$1.14B
IRR (After-Tax)35%
Initial Capex$359M
Payback2.5 yrs
AISC749 US$/oz Au
Mine Life31 yrs
Annual Production147 koz AuEq
Head Grade0.76 g/t Au, 13.3 g/t Ag (target higher grade intrusive)
Mine TypeOpen-pit (Heap Leach)
Strip Ratio2.22
Contained Metal16.8 Moz Au
Mineral Resources
M&I 921.2Mt @ 0.57 g/t Au & 14.3 g/t Ag containing 16.77 Moz Au & 423.2 Moz Ag; Inferred 139.5Mt @ 0.47 g/t Au & 13.2 g/t Ag containing 2.13 Moz Au & 59.0 Moz Ag
Royalties / Streams
0.5% NSR & 7.5% Gov't EBITDA Royalty

Metates Sulphide Heap Leach Project (Phase 1)

Gold· Durango, Mexico· Development
PEA
Dec 2022
NPV (Pre-Tax)$1.14B
IRR (After-Tax)35%
Initial Capex$359M
Payback2.5 yrs
AISC749 USD/oz Au
Mine Life31 yrs
Annual Production147 koz AuEq (Yr 1-15)
Head Grade0.76 g/t Au, 15.71 g/t Ag
Recovery70%
Mine TypeOpen-pit (sulphide heap leach)
Strip Ratio2.22:1
Ownership100%
Contained Metal18.9 Moz Au (M&I+Inferred)
Mineral Resources
M&I: 921.2 Mt @ 0.57 g/t Au (14.3 g/t Ag) = 16.77 Moz Au & 423.2 Moz Ag; Inferred: 139.5 Mt @ 0.47 g/t Au (13.2 g/t Ag) = 2.13 Moz Au & 59.0 Moz Ag
Royalties / Streams
0.5% NSR & 7.5% Government EBITDA Royalty

Metates (2016 PFS comparison)

Gold & Silver· Durango, Mexico· Development
Pre-Feasibility
Apr 2016
NPV (Pre-Tax)$1.80B
Initial Capex$3.50B
Mine Life27 yrs
Annual Production560 Koz Au
Mine TypeFlotation/POX Autoclave
Ownership100%
Mineral Resources
M&I ~19Moz Au & 503Moz Ag Contained; Inf. ~1Moz Au & 16Moz Ag Contained

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

Metates

2 studies on record
PEA
Dec 2022
$1.14B
IRR 35% · Capex $359M
PEA
Jan 2023
$1.14B
IRR 35% · Capex $359M

Lucy

3 studies on record
Study
Study
Study

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

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Financial Metrics

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Frequently Asked Questions

What does Chesapeake Gold Corp. mine?
Chesapeake Gold Corp. is focused on Gold.
What is the economic value of Chesapeake Gold Corp.'s Metates (2016 PFS comparison)?
According to its Pre-Feasibility, Metates (2016 PFS comparison) has an after-tax NPV of $1.80B.
What exchange is Chesapeake Gold Corp. listed on?
Chesapeake Gold Corp. trades under the ticker CKG.V on the TSX Venture Exchange (TSXV).
How many projects does Chesapeake Gold Corp. have?
We track 4 projects with extracted technical and economic data for Chesapeake Gold Corp.

Project Analysis

Quick Facts

Ticker Symbol
CKG.V
Market Cap
Small Cap
Category
Gold
Commodities
Gold

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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