Chesapeake Announces Management Update
Chesapeake Announces Management Update
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2023) - Chesapeake Gold Corp. (TSXV:
CKG) (OTCQX: CHPGF) ("
Chesapeake
" or the "
Company
") today is announcing that the Company's
President and Chief Executive Officer, Alan Pangbourne will be stepping down from his role at the
Company effective 1
st
November 2023 for personal reasons. Mr. Pangbourne will continue to support
Chesapeake as President and CEO in the coming months to ensure a smooth transition.
The Company
will commence an executive search and announce the CEO replacement in due course.
"On behalf of the Board, I would like to thank Alan for his significant contributions and commitment to the
Company over the past 2 and half years," stated P. Randy Reifel, Chesapeake's Executive Chairman.
"Alan has played a key role in leading the company and the development of the new technology as we
move towards developing the Metates Project."
The Board wishes him well with his future endeavours.
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 16.77 million ounces of gold and 423.2 million ounces of silver in the Measured
and Indicated Mineral Resource and a further 2.13 million ounces of gold and 59.0 million ounces of
silver in Inferred Mineral Resource. See technical report titled "Metates Sulphide Heap Leach Project
Phase I dated December 15, 2022."
For Further Information:
For more information on Chesapeake and its Metates Project, please visit our website at
www.chesapeakegold.com
or contact Alan Pangbourne at
or +1 778 731
1362.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/175757