Chesapeake Gold Corp at Precious Metals Summit - Beaver Creek (Virtual) Transcript
Morning, everybody. I'm Alan Pangbourne. I'm the CEO of Chesapeake Gold. We recently took over management at the beginning of January this year of Chesapeake Gold, and we've got an exciting new way to approach the project with a significantly lower capital and a completely new process. So, I'll just walk you through what our plans are and what we've done in this last eight months or so.
The typical cautionary note, so we've all read these before. Some highlights about the project. Firstly, it is a very, very large deposit. It's over 20 million ounces of gold and over 560 million ounces of silver. It's located in Durango in Mexico. When we took over, we identified that there was an interesting high-grade core to the deposit. And so, we're really focused on that.
And we're looking for a smaller starter project so we can get it into operations and then expand up rather than the previous plan, which was a very large, highly capital-intensive project, which would have been very, very difficult for a company like Chesapeake to
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