The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Thursday, 27th November 2008 (4382 views)

Chancery Resources has announced that it plans to "create increased value for our shareholders and partners in a socially and environmentally responsible manner".

Unveiling its mineral exploration strategy and corporate goals, the gold mining company is committed to "acquiring, developing, and expanding potential prospects to proven gold and mineral properties into world-class assets".

Jeffrey Fanning, Chancery vice president of exploration, commented: "With current market conditions and rising mineral prices, we are looking into more strategic opportunities and assets carefully selected to expand and diversify our asset portfolio."

Based in Vancouver, British Columbia, Chancery Resources owns the HCL property, a block of contiguous mining claims in Merritt and El Cafetal gold mine in the historic Valparaiso gold mining district.

The company's plans for 2009 include drilling on the HCL property and a 15,000m exploration programme is planned for the second quarter of the year.

Chancery Resources announced earlier this month that it has completed the acquisition of a 100 per cent interest in mineral interests located in the HCL Property.

 

« Back to Gold News stories