DATE:
TIME:
LINK: https://bit.ly/44FOnTd
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This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
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Learn more about the event at www.virtualinvestorconferences.com.
Company Highlights
- Large Resource: The wholly owned
Metates project inMexico has contained measured and indicated resource of ~16.8 Moz gold (0.57 g/t) and 423 Moz silver (14.3 g/t) and an additional inferred resource of ~2.1 Moz gold (0.47 g/t) and 59 Moz silver (13.2 g/t) - Compelling Project Economics: Pre-tax NPV of
US$1.14 billion and 35% IRR at$1,600 per ounce gold and$22 per ounce silver at a 5% discount rate over a 31-year mine life (LOM) - Production Metrics: Average annual production of over 110koz of gold and 2.5Moz of silver during the first 15 years at an AISC of
$749 per gold ounce with a LOM low stripping ratio of 2.2:1 - Significant Cash Flow: Average annual pre-tax free cash flow of
US$88 million in the first 15 years, and cumulativelyUS$2.8 billion LOM - Initial Capital Cost and Payback: The PEA contemplates an initial capital cost of
$359 million , including$64 million in contingency costs for a payback period of 2.5 years - Scalable Operation: Phase 1 15,000 tpd mine is expandable to 30,000 tpd to bring production forward and increase the annual cash flows over a reduced LOM
- They have a simplified, innovative and disruptive processing technology to extract the gold and silver out at
Metates and has the potential to unlock similar deposits globally
About
Chesapeake also has an organic pipeline of satellite exploration properties strategically located near
About Virtual Investor Conferences®
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CONTACTS:
Vice President, Corporate Development & Investor Relations
+1 778 731 1362
invest@chesapeakegold.com
Virtual Investor Conferences
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com
1 Mexico’s biggest undeveloped gold deposits. Bnamericas. Published
Source: Virtual Investor Conferences
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