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

Vancouver, British Columbia–(Newsfile Corp. – February 15, 2022) – Chesapeake Gold Corp. (TSXV:CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company”) is pleased to announce the results from the first five large diameter (PQ or 88 mm) infill core drill holes completed during the current drill program at its flagship Metates gold-silver project in Durango, Mexico. The 2021-2022 drill program is slated to include 16 holes totaling approximately 6,700 meters.

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