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Chaparral Gold Corp.

Chaparral Gold (CHL:TSX) is a mineral development/exploration company with 100% ownership of two high-quality gold properties in Nevada, one of the most favorable mining jurisdictions in the world. With approximately US$58 million in cash and receivables, it is well capitalized to advance its Nevada properties and, importantly, is positioned to seek new opportunities in the gold mining sector.
The Company’s Nevada resources total of 6.5 million ounces of gold, including 0.6 million gold ounces of proven and probable reserves, contained in its Goldfield and Converse properties.
 
The Goldfield property in southwestern Nevada comprises three deposits: Gemfield, McMahon Ridge and Goldfield Main. The Gemfield open-pit heap leach deposit is currently in permitting, with production estimated to begin in mid-2016, subject to financing and permitting. The McMahon Ridge and Goldfield Main deposits are under evaluation to extend expected production.
 
The Converse property in north-central Nevada is a large, low-grade gold heap leach deposit. The project is currently on hold pending improvement of gold prices and market conditions.
 
Chaparral’s goal is to achieve production on schedule at the Gemfield deposit and to find or acquire additional low-cost gold mining operations or development projects in Nevada.


Contact Us

Chaparral Gold Corp.
7950 E. Acoma Drive, Suite 211
Scottsdale, AZ 85260
U.S.A.
 
Tel: (480) 483-9932
Fax: (480) 483-9926
 
Investor Relations
information@chaparralgold.com