Chancery’s corporate mission is “to acquire, develop, and expand proven gold and mineral properties into world-class assets.” Their business is focused in Columbia, South America, specifically in the El Caafetal region.

The company’s premise is to use modern technologies to extract gold, silver and copper from mines that are currently only extracting gold by completely upgrading the mining equipment and processes. Furthermore, they feel other development in the area is promising for expansion based on recent sampling.

The Columbian government is friendly to foreign investment at this time. On the investor portion of its website, Chancery addresses the risk of investing in a foreign country. According to Chancery, Columbia is one of the most stable economies in Latin America, as well as the oldest and most stable Latin American democracy.

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High Ridge Resources Inc. (TSX-V: HRR // FRANKFURT: HR2) has announced that the drilling program at its Chanape project in the San Mateo area, 90 km east of Lima, Peru has begun. Gary Anderson, president and CEO of High Ridge Resources Inc., commented: “We are very excited that the drilling program is getting underway at Chanape. I am pleased at the way the High Ridge team and our consultants have managed the numerous challenges we have faced over the last nine months in Peru and in Canada. We are looking forward to having the Chanape targets finally tested.”

The drilling program will involve an initial 3,000-5,000 meters from up to 9 platforms and will test both the known mineralized targets (exposed on surface polymetallic veins and intrusive breccias) and larger high chargeability-low resistivity (IP) anomalies. The priority targets cover an area of approximately four square kilometers and