Chesapeake Gold Announces Appointment of Chief Metallurgical Officer
Chesapeake Gold (TSXV: CKG) (OTCQX: CHPGF) has appointed Justin Black as Chief Metallurgical Officer effective February 26, 2025. Black brings over 14 years of experience in process systems design and optimization for mining operations.
Black's background includes roles as process manager at Golden Vertex , process engineer at M3 Engineering for 8 years, and Superintendent of Technical Services at Hycroft Mining His expertise spans crushing, milling, flotation, refining, and heap leach oxidation processes.
The company has granted Black 100,000 stock options at C$1.00 per share, expiring February 26, 2030, with 25% annual vesting starting February 26, 2026. The appointment aims to advance Chesapeake's proprietary sulfide leach technology for testing refractory sulfide deposits.
Chesapeake Gold (TSXV: CKG) (OTCQX: CHPGF) ha nominato Justin Black come Chief Metallurgical Officer a partire dal 26 febbraio 2025. Black porta con sé oltre 14 anni di esperienza nella progettazione e ottimizzazione dei sistemi di processo per le operazioni minerarie.
Il background di Black include ruoli come responsabile dei processi presso Golden Vertex, ingegnere di processo presso M3 Engineering per 8 anni e Superintendente dei Servizi Tecnici presso Hycroft Mining. La sua esperienza comprende processi di frantumazione, macinazione, flottazione, raffinazione e ossidazione in cumuli.
L'azienda ha concesso a Black 100.000 opzioni su azioni a C$1,00 per azione, con scadenza il 26 febbraio 2030, con un piano di maturazione del 25% annuale a partire dal 26 febbraio 2026. La nomina mira a far avanzare la tecnologia di lisciviazione dei solfuri proprietaria di Chesapeake per testare i depositi di solfuri refrattari.
Chesapeake Gold (TSXV: CKG) (OTCQX: CHPGF) ha designado a Justin Black como Director de Metalurgia a partir del 26 de febrero de 2025. Black aporta más de 14 años de experiencia en el diseño y optimización de sistemas de procesos para operaciones mineras.
La trayectoria de Black incluye roles como gerente de procesos en Golden Vertex, ingeniero de procesos en M3 Engineering durante 8 años y Superintendente de Servicios Técnicos en Hycroft Mining. Su experiencia abarca procesos de trituración, molienda, flotación, refinación y oxidación en pilas.
La empresa ha otorgado a Black 100,000 opciones sobre acciones a C$1.00 por acción, con vencimiento el 26 de febrero de 2030, con un 25% de adquisición anual a partir del 26 de febrero de 2026. La designación tiene como objetivo avanzar en la tecnología de lixiviación de sulfuros propietaria de Chesapeake para probar depósitos de sulfuros refractarios.
체서피크 골드 (TSXV: CKG) (OTCQX: CHPGF)는 저스틴 블랙을 2025년 2월 26일부터 최고 금속 공학 책임자로 임명했습니다. 블랙은 광산 운영을 위한 공정 시스템 설계 및 최적화 분야에서 14년 이상의 경험을 가지고 있습니다.
블랙의 경력에는 골든 버텍스에서 공정 관리자, M3 엔지니어링에서 8년간 공정 엔지니어, 하이크로프트 마이닝에서 기술 서비스 감독관으로서의 역할이 포함됩니다. 그의 전문 분야는 분쇄, 밀링, 부유, 정제 및 힙 리치 산화 공정을 포함합니다.
회사는 블랙에게 주당 C$1.00의 100,000주 주식 옵션을 부여했으며, 2030년 2월 26일에 만료되며, 2026년 2월 26일부터 연간 25%의 권리가 부여됩니다. 이번 임명은 체서피크의 독점 황화물 리취 기술을 발전시켜 난황 화합물의 시험을 목표로 하고 있습니다.
Chesapeake Gold (TSXV: CKG) (OTCQX: CHPGF) a nommé Justin Black au poste de Directeur Métallurgique à compter du 26 février 2025. Black possède plus de 14 ans d'expérience dans la conception et l'optimisation des systèmes de processus pour les opérations minières.
Le parcours de Black comprend des postes de responsable des processus chez Golden Vertex, ingénieur de processus chez M3 Engineering pendant 8 ans, et Superintendant des Services Techniques chez Hycroft Mining. Son expertise couvre les processus de concassage, de broyage, de flottation, de raffinage et d'oxydation en tas.
L'entreprise a accordé à Black 100 000 options d'achat d'actions à 1,00 $ CA par action, expirant le 26 février 2030, avec une acquisition annuelle de 25 % commençant le 26 février 2026. Cette nomination vise à faire progresser la technologie de lixiviation des sulfures propriétaire de Chesapeake pour tester les dépôts de sulfures réfractaires.
Chesapeake Gold (TSXV: CKG) (OTCQX: CHPGF) hat Justin Black zum Chief Metallurgical Officer ernannt, mit Wirkung zum 26. Februar 2025. Black bringt über 14 Jahre Erfahrung in der Gestaltung und Optimierung von Prozesssystemen für Bergbauoperationen mit.
Blacks Hintergrund umfasst Positionen als Prozessmanager bei Golden Vertex, Prozessingenieur bei M3 Engineering für 8 Jahre und Superintendent der technischen Dienste bei Hycroft Mining. Seine Expertise umfasst Zerkleinern, Mahlen, Flotation, Raffination und Oxidationsprozesse bei Halden.
Das Unternehmen hat Black 100.000 Aktienoptionen zu je 1,00 C$ gewährt, die am 26. Februar 2030 auslaufen, mit einer jährlichen Vesting von 25%, beginnend am 26. Februar 2026. Die Ernennung zielt darauf ab, die proprietäre Sulfid-Laugentechnologie von Chesapeake voranzutreiben, um refraktäre Sulfidvorkommen zu testen.
- Appointment of experienced metallurgical officer with 14 years expertise
- Strategic focus on advancing proprietary sulfide leach technology
- New hire brings specific experience in heap leach oxidation processes
- Stock option grant creates potential future dilution for shareholders
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2025) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the appointment of Mr. Justin Black as Chief Metallurgical Officer effective February 26, 2025.
Mr. Black is a chemical engineer with over 14 years experience in designing, implementing and optimizing process systems for diverse mining applications, including crushing, milling, flotation and refining. He has a strong background in managing large-scale projects, from conceptualization to completion, ensuring timely delivery and operational excellence.
Mr. Black was most recently a process manager at Golden Vertex Corporation, where he oversaw all operations, including crusher, leach pad, Merrill-Crowe and refinery, and metallurgical testing to optimize maximum gold recovery. Prior thereto, Mr. Black worked for 8 years as a process engineer with M3 Engineering, where he led a multi-disciplined team of engineers to execute projects for clients in a variety of industries with a focus on open-pit mining.
During August 2019 to December 2020, Mr. Black worked as Superintendent of Technical Services with Hycroft Mining Corporation, where he led the development of the heap leach oxidation process through large scale testing, feasibility, engineering studies and commercial production.
Mr. Randy Reifel, Executive Chairman, commented: "We are excited Justin Black has joined Chesapeake's technical team to advance the Company's proprietary sulfide leach technology (Technology) to the next level by testing several refractory sulfide deposits which we believe the Technology can unlock significant economic value. Justin's experience with the oxidation process will be a great asset in building shareholder value by capitalizing on a wide range of corporate opportunities."
Chesapeake further announces the grant of stock options under its Stock Option Plan to Mr. Black in connection with his appointment as Chief Metallurgical Officer, to purchase an aggregate of 100,000 common shares of the Company at an exercise price of C
For Further Information:
For more information on Chesapeake, its Metates and Lucy Projects or proprietary oxidative leach technology, please visit our website at www.chesapeakegold.com or contact Jean-Paul Tsotsos at invest@chesapeakegold.com or +1 778 731 1362.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
About Chesapeake
Chesapeake Gold Corp's flagship asset is the Metates Project ("Metates") located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas1 with over 16.77 million ounces of gold at 0.57 grams per tonne (g/t) and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated Mineral Resource category and a further 2.13 million ounces of gold at 0.47 g/t and 59.0 million ounces of silver at 13.2 g/t within 139.5 million tonnes in the Inferred Mineral Resource category. See the technical report titled "Metates Sulphide Heap Leach Project Phase I" dated January 13, 2023, and news release dated February 22, 2023.
1 Mexico's biggest undeveloped gold deposits. Bnamericas. Published Tuesday, November 24, 2020.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242584
FAQ
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