Chesapeake Gold Announces Addition of Paul West-Sells and Jeff Stieber to the Board of Directors
Chesapeake Gold Announces Addition of Paul
West-Sells and Jeff Stieber to the Board of
Directors
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Chesapeake Gold Corp. (TSXV: CKG)
(OTCQX: CHPGF) ("
Chesapeake
" or the "
Company
") is pleased to announce the recent election of
Mr. Paul West-Sells to the Board of Directors of the Company (the "
Board of Directors
") at the
Company's annual general meeting of shareholders held on June 18, 2025 (the "
Meeting
"), together
with the returning incumbent directors P. Randy Reifel, Randy Buffington, Doug Flegg, Lian Li, and John
Perston.
Mr. West-Sells has more than 25 years of experience in the mining industry and held executive
management and senior metallurgist roles for numerous public companies.
Mr. West-Sells served as
Chief Executive Officer and Chief Operating Officer of Western Copper and Gold Corporation.
Prior
thereto, Mr. West-Sells was a Senior Metallurgist at Barrick, Placer Dome and BHP Minerals.
Mr. West-
Sells holds a Ph.D. in Metals and Materials Engineering from the University of British Columbia and
continues to lecture at the University of British Columbia as an Adjunct Professor in Materials
Engineering.
The Company is also pleased to announce the appointment of Mr. Jeff Stieber to the Board of Directors,
effective June 20, 2025.
Mr. Stieber brings 19 years of finance, accounting, strategy, and transaction
experience to the Company, having served as a senior executive officer with Hycroft Mining, Klondex
Mines, Tahoe Resources, White Pine Precious Metals, and Bendito Resources.
He has experience
across all stages of the mining project lifecycle, from guiding exploration-stage projects to advancing
development assets into production and cash flow generation.
Mr. Stieber is a Certified Public
Accountant in the State of Nevada and a Certified Financial Modeling & Valuation Analyst.
Concurrently, the Company also advises that long-time director Chris Falck has decided to retire to
pursue other opportunities and be closer to family. Mr. Falck will continue to serve as an advisor, where
his vast knowledge will be leveraged.
P. Randy Reifel, Executive Chairman, commented, "On behalf of the Board, I am excited to welcome
both Paul and Jeff to Chesapeake's team.
Paul and Jeff bring a diversified wealth of experience and I
look forward to their contributions in achieving our corporate objectives and milestones.
I also sincerely
thank Chris Falck for his years of dedication and commitment to the Company.
Chris provided valuable
insight and vital contributions as Lead Director and as a member of Board Committees during his
tenure."
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
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 Americas
1
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/256438