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Small Cap Bull
10604 Robincreek Lane
Frisco, TX 75035

Telephone:
469.252.3033

Fax:
214.975.1238


Dylan Yarter
Publisher
Dylan@smallcapbull.com

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Chancery Resources Inc.

Chancery Resources Inc. (OTCBB: CCRY) has the corporate mission to acquire, develop, and expand proven gold and mineral properties into world-class assets. With a focus on the rich gold deposits of Colombia, Chancery’s goal is to create increased value for their shareholders and partners, while doing so in a socially and environmentally responsible manner.

El Cafetal Gold Mine

Chancery's core project is the producing El Cafetal Gold Mine in the historic Valparaiso gold mining district of Colombia. Located 120 kilometers south of Medellin, Valparaiso is on the Eastern flank of the Western Cordillera Mountain range in the Department of Antioquia, Colombia.

The El Cafetal concession covers an area of 135 hectares and Chancery's management team is focused on the expansion and exploitation of this gold, silver and copper deposit within this historic mining district.

The Antioquia region has been Colombia's most prolific gold producing region for hundreds of years but has seen little modern exploration or development, leaving much of its potential to be realized. The diverse geological environment makes possible the exploitation of a wide variety of minerals and metals of considerable economic consequence. Colombia is a major producer of gold, silver, emeralds, platinum, oil and coal.

Colombia is seeking to attract a new generation of foreign investment, notably in the energy, mining and infrastructure sectors. Colombia's President, Alvaro Uribe has reaffirmed his government's resolve to strengthen the country's economy and its commitment to private sector initiatives to advance the development of the country's mining industry.

Colombia Overview

Macroeconomic Stability

Colombia is one of the most stable economies in Latin America, as shown by its above average steady economic growth reaching 6.8% last year.

Political Stability

Colombia is known as the oldest and most stable Latin American democracy. All presidents have been elected democratically, except for a short period, between 1953 and 1957, when there was a military dictatorship. According to the World Competitiveness Yearbook 2006, Colombia ranks number one in the Latin American region in terms of consistent and transparent government policies.

Foreign Investors’ Trust in Colombia

Foreign direct investment has grown significantly; in 2006 it stood at $6,295 million. There are more than 700 multinational companies that have investments in Colombia. Of note among them are AngloGold Ashanti, Procter & Gamble, Johnson & Johnson, 3M, SABMiller, Telefonica and Nestle. The country provides investors with the possibility of entering into 3 to 20 year legal stability agreements that ensures that rules related to investment determinants will remain unchanged and will continue to apply for the duration of the agreement.

Competitive and highly qualified human resources

According to the World Competitiveness Yearbook, Colombia ranks number one among the leading economies in Latin America in terms of availability of skilled labor and ranks second in terms of qualified managers.

Strategic Location

  • Colombia has coastlines on both the Atlantic and Pacific Oceans and has a modern port infrastructure.
  • Easy access to North American, European, Asian and Latin American markets
  • Colombia is in the same time zone as the East Coast of the United States which is an advantage compared to other countries as it facilitates Call-Center activities and Business Process Outsourcing (BPO) from Colombia to the entire continent
  • Export Platform and Privileged Access to World Markets
  • Free Trade Agreements
  • FTA with the United States, currently under ratification
  • FTA Colombia - Chile
  • FTA Colombia – Central America (Honduras, Guatemala and El Salvador)
  • Special Foreign Trade System
  • 10 duty-free zones that provide customs, exchange and fiscal benefits
  • New law for single company duty-free zones to encourage foreign trade, providing tax incentives
  • Incentives for large exporters
  • Special import/export systems
  • Multiple development poles
  • With a population of over 41 million, Colombia has the third largest population in the region
  • Infrastructure and Communications
  • 6 seaports on the Caribbean and 2 seaports on the Pacific Ocean
  • 5 international airports
  • 91% of the national roads are paved
  • Access to 3 submarine communication cables, ensuring stable and reliable communications

Disclosure: Pentony Enterprises LLC has been compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.


Projects

El Cafetal Mine Project, Valparaiso

The El Cafetal Mine is a gold, silver and copper project located in the River basin of the Honda Creek on the Eastern flank of the Western Cordillera Mountain range in the municipality of Valparaiso, Antioquia, Colombia.

The El Cafetal concession covers an area of 135 hectares with an exploration and exploitation license effective until February 2032.

The geology of the zone includes sedimentary rocks, basaltic lava and Andesite of Tertiary age with several veins and veinlets of varying widths and sulfide concentrations up to 80%.

The mineralization consists of several veins with thicknesses between 0.15 and 1.1 m, composed of quartz, pyrite and partial free gold in the andesite lava. The veins of 0.15 m thickness show heavy sulfide concentrations of mainly pyrite up to 80% with intermediate zones of rock with scattered sulfides, in the endorsements the salband are common to conform a mineralized zone up to 1.1 m.

The mineralization is continuous and in the main tunnel the mineralization presents a direction N85E/85NW with a thickness of 0.17 m with parallel veinlets and thicknesses of 0.005 m and 0.01 m respectively and rock with scattered sulfides. Other directions of stuffed vein lets with sulfides appear in N85E/85NW, N85W/85SW and N80W/50NE.

Three denominated sectors were recognized Honda Sector, Nogal sector and Cafetal sector.

Honda Sector

This sector corresponds to all the existing mineralization that is below the main tunnel named El Pomo.

On the Honda creek towards the inferior part of the main tunnel "El Pomo Tunnel" several mineralized sectors are exposed with veins with thicknesses that vary mainly between 0.05 m and 1 m compound with sulfides.

Zone 1: Waved vein, very weathered and oxidized with thicknesses that vary between 0.4 m and 0.6 m with direction N65W-70 W/85NE-85SW, fitted in lava type andesite.

Zone 2: Vein with quartz and sulfides with thickness of 0.05-0.07m oriented N75E /85SE, fitted in lava type andesite.

Zone 3: It corresponds to a fault zone oriented N65W/75SW mineralized with vein lets and sulfides scattered with a total thickness of 1 m.

Zone 4: Mineralized vein oriented E-W/75S with sulfides.

Zone 5: Porphyritic rock sector with veins, quartz and pyrite and sulfides scattered with a direction N75°E/Vertical.

Nogal Sector

This sector is located between the Pomo tunnel and the highway that goes from Valparaiso to Caramanta. The vein observed in this sector corresponds to a weathered vein oriented N25W/45SW, fitted in lava weathered with a thickness that varies between 0.30 m and 0.5 m with high oxidation.

Cafetal Sector

This sector is located about 80 m over the highway that goes from Valparaiso to the Municipality of Caramanta. In this sector are exposed four veins explored in a length no greater than 20 m, with a general direction N85W/75-85NE, with thickness that varies between 0.40 m and 1.1 m, with sulfides contents up to 80%.

Infrastructure

The existing plant infrastructure consists of hammer crushers, a primary mill, a secondary mill and a German table. In addition it has a three phase line transformer and five agitation tanks.

Due to the high dips the expansion and exploration of the veins will be made possible by opening the tunnels following the mineralization. Some clearing on the rocks will have to be done by explosives in manual form due to the topography and the use of portable pneumatic equipment.


Disclosure: Pentony Enterprises LLC has been compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.


Management

Juan Restrepo Gutierrez President and CEO

Juan Restrepo Gutierrez is the President and CEO of Chancery Resources and the Managing Director of his mineral and geological consulting company based in Medellin, Colombia.

Mr. Restrepo Gutierrez has worked and consulted in the mining and industrial sectors for the past 25 years. In addition, he has held management positions in the electronics maintenance and the non ferrous foundry industries.

Mr. Restrepo Gutierrez experience and knowledge in the mining sector has encompassed budgeting and management of mine exploration and development programs, negotiation and acquisition of mineral titles and properties and mine design and layout. His extensive experience will be invaluable as Chancery moves forward with its growth strategy in Colombia.

Mr. Restrepo Gutierrez has a Bachelor Degree in Geology and a Master of Science Degree in Geology from University of South Florida, Tampa. He has taken specialization courses in project management, sales and service management, strategic marketing management and quality control under ISO 9000.

He has lectured and taught courses through the Universidad Nacional de Colombia and the Universidad Pontificia Bolivariana and Colegiatura Colombiana de Diseño. Courses included Optical Mineralogy and Igneous and Metamorphic Petrology.


Disclosure: Pentony Enterprises LLC has been compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.




Disclosure: Pentony Enterprises LLC has been compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.


Contact Info

Chancery Resources Inc.
Calle 10 No. 25 - 103
Apto 110
Medellín, Colombia
Phone:
954-343-6603
Email:
Website:
www.chancerymining.com

Disclosure: Pentony Enterprises LLC has been compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.

 

  Please see our Disclaimer Here. Disclosures: Some of our interviews and profiles are published in our site for compensation. Details of that compensation can be found either in our Profiles Disclosure or our Interviews Disclosure pages. We are associated by ownership with Pentony Enterprise LLC, and we may separately or together receive compensation.