Chesapeake Gold has acquired leaching technology rights from Hycroft Mining, valued at over CA$2 million in cash and shares. This move allows Chesapeake to gain sole ownership and control of intellectual property rights, including patents and pending applications globally. The acquisition is seen as pivotal in Chesapeake's technology journey, enabling them to reduce costs, improve environmental sustainability, and strengthen their position in the mining industry. Delve deeper into this story in my latest article at #MexicoBusinessNews #MexicoBusiness
Hycroft found the technology unsuitable for its operations, but Chesapeake views it as strategic and a way to eliminate future royalty payments. #MexicoBusinessNews #MexicoMining