Chesapeake Gold Stock Price, News & Analysis

Chesapeake (OTCQX: CHPGF) announced executive leadership changes effective January 1, 2026.

Jean-Paul Tsotsos was appointed permanent Chief Executive Officer, after serving as Interim CEO since November 1, 2023. Rajesh Vyas was appointed Chief Financial Officer and Corporate Secretary; he has over 25 years of mining finance experience and professional accounting credentials. Navin Sandhu stepped down as Interim Chief Financial Officer and Bernard Poznanski stepped down as Corporate Secretary, both effective December 31, 2025.

Contact information and links for further investor inquiries were provided.

Chesapeake Gold Corp (OTCQX: CHPGF) announced on December 22, 2025 that, at the request of CIRO, management has confirmed it is unaware of any material change in the company’s operations that would explain recent increased market activity.

The company referenced its Metates and Lucy projects and its proprietary oxidative leach technology, and provided investor contact details for further information.

Chesapeake Gold (TSXV: CKG / OTCQX: CHPGF) announced a grant of stock options on December 19, 2025.

The company granted an aggregate of 69,000 stock options to officers at an exercise price of C$2.84 per share. Each option has a five-year term expiring December 19, 2030. The options vest immediately and are exercisable on grant under the company’s Stock Option Plan.

Chesapeake Gold (OTCQX: CHPGF) completed the sale of its Tatatila gold-copper project to Mexican Gold Mining (OTCQB: MEXGF) on November 12, 2025.

At closing Chesapeake received 4,451,361 common shares of Mexican Gold representing 14.99% of outstanding shares on an undiluted basis and a 1.5% net smelter return royalty (NSR). Mexican Gold may repurchase 0.5% of the NSR for US$500,000 within ten years, reducing the NSR to 1.0% if exercised.

The Consideration Shares are subject to a statutory four-month plus one-day hold and an additional lock-up releasing 25% on the one-year anniversary and every six months thereafter, with full release at 2.5 years. Chesapeake agreed to vote the shares per Mexican Gold management instructions for 2.5 years and will file an early warning report on SEDAR+.

Chesapeake Gold (OTCQX: CHPGF) announced a second extension of its exploration agreement with the Community of San Juan de Camarones for the Metates property, extending the term an additional five years to October 2030.

The company said proprietary sulphide leach testwork is on schedule and progressing, with environmental and baseline studies underway to support a prefeasibility study (PFS) in 2026. Management emphasized a long-standing relationship with the Community and continued collaboration on a development plan and social benefits for the region.

Chesapeake Gold (OTCQX: CHPGF) has entered into a definitive agreement to sell its Tatatila gold-copper project in Veracruz State, Mexico to Mexican Gold Mining. The transaction terms include:

- Consideration shares representing 14.99% of Mexican Gold's outstanding common shares
- A 1.5% net smelter returns royalty, with Mexican Gold having the option to reduce it to 1.0% for US$500,000 within 10 years
- A lock-up period of 2.5 years with gradual 25% releases every six months after the first year
- Chesapeake's agreement to vote shares according to Mexican Gold management instruction for 2.5 years

The Tatatila project, discovered in 2007, surrounds Mexican Gold's Las Minas Project and includes several skarn prospects with potential resource extensions.

Chesapeake Gold (OTCQX: CHPGF) provided updates on its proprietary sulphide leach technology development and Lucy project exploration. The company's third phase of Metates metallurgical testwork is progressing toward a prefeasibility study in 2026, with encouraging early results from large-diameter PFS columns and 26 variability columns.

The company has received industry interest for its Technology, with three third-party projects now undergoing testing. At the Lucy project, exploration revealed a new mineralized corridor in the Central Zone, with significant gold findings including 29 metres of 0.94g/t gold. The Western Zone showed promising copper grades, including samples with 2.0% copper over 3 metres.

Chesapeake Gold Corp. (OTCQX: CHPGF) has announced the adoption of a new "fixed up to 10%" stock option plan to replace its previous "rolling up to 10%" stock option plan. Under the new Fixed Plan, the company is authorized to issue up to 7,209,338 common shares through stock options granted to eligible persons.

The transition maintains all existing options under the Prior Plan, which will now be governed by the terms of the new Fixed Plan. The implementation remains subject to final approval from the TSX Venture Exchange.

Chesapeake Gold Corp. (CHPGF) has strengthened its Board of Directors with two significant appointments. Paul West-Sells, who brings over 25 years of mining industry experience including executive roles at Western Copper and Gold Corporation and senior metallurgist positions at major mining companies, was elected at the June 18 annual meeting. Jeff Stieber, appointed effective June 20, 2025, adds 19 years of finance and accounting expertise from various mining companies. The appointments coincide with the retirement of long-time director Chris Falck, who will continue as an advisor. West-Sells holds a Ph.D. in Metals and Materials Engineering and is an Adjunct Professor at UBC, while Stieber is a Certified Public Accountant and Financial Modeling & Valuation Analyst.