Category: Exploration and Development

Aztec – Kootenay JV Intersects Broad, High-Grade Gold Mineralized Zone in First Hole of Phase 2 RC Drill Program at the Cervantes Project in Sonora, Mexico; Including 1.1 gpt Au over 88.4 metres

“After an approximate 4-year drilling hiatus at Cervantes, our initial California zone drill results in 2022 have not disappointed. The first hole at California zone, where we are targeting potential open pit heap leachable gold mineralization, has returned strong grades over broad widths and has further expanded the gold mineralized zone, still open to the north.”

Chesapeake Infill Drilling Continues to Support Higher Grade Intrusive Mineralization at Metates; ~10% Higher Grades Encountered

Alan Pangbourne, President & CEO, states: “We are very pleased to see that these 5 infill holes continue to support our belief that the intrusive continues to be materially higher grade than previously modeled and should have a very positive impact on the new block model, mine plan and PFS. We expect to complete this infill drilling program by the end of March.”

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