PRECIOUS METALS

Chesapeake to challenge Metates concession cancellation

Chesapeake Gold has initiated legal proceedings against Mexico’s Dirección General de Minas (DGM) with the Federal Court of Administrative Justice in Durango in response to the cancellation of the San Vicente 3 mineral concession, which forms part of its Metates gold-silver deposit.

Chesapeake Gold's Metates in Mexico

Chesapeake Gold's Metates in Mexico

Metates has a measured and indicated resource of 921.2Mt containing 16.77Moz of gold grading 0.57gpt and 423.2Moz of silver grading 14.3gpt. The San Vicente 3 concession is one of 12 concessions comprising...

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