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Chesapeake Gold Seals Major Tech Acquisition

Chesapeake Gold Seals Major Tech Acquisition

Chesapeake Gold (TSE:CKG) has released an update.

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Chesapeake Gold Corp. has successfully completed the acquisition of sulphide leaching technology intellectual property from Hycroft Mining Holding Corporation. The deal included a $2 million cash payment and the issuance of over one million Chesapeake common shares. This strategic acquisition enhances Chesapeake’s asset portfolio, which includes one of the largest undeveloped gold-silver deposits in the Americas, located in Mexico.

For further insights into TSE:CKG stock, check out TipRanks’ Stock Analysis page.

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