Chesapeake Gold Corportation  
TSX-V: CKG: C$0.00    Gold: US$0.00   Silver: US$0.00
Chesapeake Gold Mines
Chesapeake Gold Mines
Chesapeake Gold Mines
Mexico's Largest Undeveloped Gold and Silver Deposit
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Chesapeake Gold Corp.

Chesapeake is focused on the exploration and development of precious metals 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.

Independent Mining Consultants reported NI 43-101 proven and probable reserves of 18.5 million ounces of gold, 526 million ounces of silver and 4.2 billion pounds of zinc. The metal prices assumed for the reserves are $1,200 per ounce gold and $25 for silver per ounce at a cut off grade of 0.35 g/t gold equivalent.

Few world class open pit mines have scalable development options. Metates benefits from its highest ore grade early in the mine life, a low strip ratio and close proximity to key existing infrastructure. Metates has the option to be an initial 30,000 tpd or 60,000 tpd mine that expands to full nameplate capacity. A pre-feasibility study ("PFS") by M3 Engineering indicates at the Phase 2 throughput rate of 120,000 tpd, annual production over 25 years would be 659,000 ounces of gold, 16 million ounces of silver and 143 million pounds of zinc at a gold equivalent cash cost of $490 per ounce, net zinc credits.

From opportunity, Chesapeake recognizes that exploration success creates shareholder value. Our exploration is focused on gold projects near Metates that have the potential for district-scale size.

Chesapeake's management and technical team have an exceptional track record. With Francisco Gold Corp., the team discovered El Sauzal and Marlin, two major projects mined by Goldcorp Inc. in Mexico and Guatemala.

Chesapeake is listed on the TSX Venture Exchange (Symbol CKG) and the OTCQX market (Symbol:CHPGF).
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