Management

Rafael A. Pinedo - President, CEO and Director

Mr. Pinedo has over 20 years of experience in the areas of consulting, engineering, and energy. Since December 3, 1998, Mr. Pinedo has served as president and chief executive officer of Pilgrim Petroleum Corporation (PGPM.OTC and PHV on the Frankfurt Stock Exchange), an oil and gas exploration company based out of Dallas, Texas. Since December 31, 2003, Mr. Pinedo has also served as president and director of engineering and operations, for American Petroleum Corp, an Irving, and Texas based operating company, and managing director of American BNP Resources LP based in Midland, Texas.

Mr. Pinedo is Chairman of Arcland Energy Corporation (OTCBB: ACLY) a Dallas Texas exploration company. In addition Mr. Pinedo also serves as a director of CB Resources Ltd. (CNQ.ICD) a Canadian public company based in Vancouver, Canada and director at Mineral Hills Industries Ltd. a Canadian public company (TSXV.MHI), he has assisted as consultant and investor on a number of public companies in the United States, Canada and United Kingdom in energy and mineral exploration operations.

Juan Restrepo Gutierrez - COO/ Secretary and Director

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.

Jeffrey Fanning - Vice President of Exploration and Director

Mr. Fanning has over 16 years of experience in engineering, field services and consulting. Mr. Fanning is currently president of Lariat Energy Corp. a field and exploration service company and was vice-president of operations at Pilgrim Petroleum Corp. (OTC.PGPM) until December 2006. Mr. Fanning worked as an operations manager for American BNP Resources LLC a drilling and operating company. Prior to this, Mr. Fanning has been involved in property development and further strategic property acquisitions and assisted a number of public companies in developing their operating plans for their exploration operations.

Vincent Higgins - Independent Director

Mr. Higgins is a recognized international leader in training, leadership development, and multicultural team building. He founded the Institute for Effective Leadership to focus specifically on the leadership development of executives who wish to leverage their talents, grow in leadership and through their influence build a more successful corporate culture. Based in Houston, Texas, Vincent brings extensive experience as a business/personal coach of senior business leaders. His broad international experience has prepared him to deliver intercultural training and international teambuilding.

Previously Vincent served as the Director of the prestigious Lumen Institute, Dallas, Texas. The Lumen Institute is an international organization for the development of senior business leaders. Vincent founded the Dallas branch of the Institute and was responsible for the strategic development of the organization and the mentoring of CEOs, chairmen of boards, and other senior business executives in leadership and personal decision-making. Mr. Higgins led this foundation to become a recognized name in business coaching and development. He established relationships with major universities, developing brand recognition for the Institute and acquiring a reputation for excellence in leadership.

Vincent specializes in channeling personal drive towards successful leadership. He coaches executives towards career development geared to an increasingly international environment. He is trilingual (English, Spanish, and Italian). He also has extensive experience in the operations and growth of a number of international non-profit organizations including institutional fundraising and networking where he developed his excellent organization, communication and interpersonal skills. Mr. Higgins obtained his undergraduate degree in Physics, Summa Cum Laude at the University of Dallas, Dallas, TX. Vincent pursued a doctoral track in High Energy Physics, at Purdue University, West Lafayette, Indiana and subsequently obtained degrees in Philosophy and Theology at the Pontifical University Regina Apostolorum, in Rome, Italy.

Company Profile

Chancery Resources' corporate mission is to acquire, develop, and expand proven gold and mineral properties into world-class assets. With a focus on acquiring interest in properties through mineral evaluation in mining friendly areas, Chancery’s goal is to create increased value for our shareholders and partners doing so in a socially and environmentally responsible manner.

The Company uses in-house expertise and its group of consultants, prospectors and industry contacts to identify, acquire and evaluate prospects with the potential to host large and/or high-grade base, precious metal deposits. Its preference is to maintain 100% interest in properties through initial evaluation.

Our Business Model: It involves a long-term, systematic and results-oriented approach towards exploration research, supported by a scaled expansion of field operations on carefully selected assets, combined with a synchronized investment in planning for potential mine development.

Mineral Rights and Properties

- Colombia, Antioquia:

Chancery's core project is the El Cafetal Gold Mine in the historic Valparaiso gold mining district of 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. Chancery's plans include a complete upgrade of the existing processing plant at El Cafetal installing a modern mineral recovery plant and greatly increasing production rates. The current operation is processing and capturing only the gold, so the new processing plant would be capturing gold, silver and copper maximizing cash flow and lowering operating costs. The upgraded processing plant should greatly assist and accelerate Chancery's plan to fund and expand the El Cafetal concession.

Chancery's geologists have identified four other large zones within the concession mineralized with gold, silver and other base metals. Field geologists have been sampling and exploring these zones and the company will release results as they come available.

The El Cafetal mine is situated in the Dept. of Antioquia which 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.

El Cafetal Technical Report NI 43-101

- Canada, B.C.:

The HCL Property is a mining claim located in Merritt, British Columbia, Canada, and totals 415.04 hectares or 1,026 acres approximately. The HCL mineral claim is comprised of 20 contiguous cells totaling 415.0483 hectares. The center of the property is located at the latitude 50o 2' 14" N and the longitude is 120o 47' 1" W. The claim is motor vehicle accessible from the Town of Merritt, B.C. by traveling 19 miles east along Highway #5 beyond the Village of Quilchena, B.C. to the Minnie Lake cut-off and then for 18 miles south by gravel ranch roads to the mineral claim.

The geology of the HCL mineral claim may be described as being underlain by units of the Nicola Group. Some or all of these units may be found to host economic mineralization. The property geological setting offers good underlying possibilities and all overburden areas should be checked if a field program is undertaken. The deposit types that historically predominate in the general area are, as the larger target, as a porphyry-type base metal (copper-gold-palladium or copper-molybdenum) occurrence with peripheral base and precious metal occurrences as veins and/or contact zones of mineralization. The most prolific host in this area is the Nicola Group andesitic tuffs that are often skarned or altered. Any occurrences of Princeton Group sediments, i.e. shales, sanstone, etc. should be checked thoroughly for coal occurrences and possibly coal-bed methane gas possibilities.

The Fiddler Creek Property is comprised of 25 mineral claims, totaling 465.74 hectares located within the Omineca Mining Division in northwestern British Columbia. The acquired block of claims counts with records of a past producer “Fiddler Creek,” which describes the geology of the Property as an area that is underlain by argillites of the Jurassic to Cretaceous Bowser Lake Group, in which auriferous quartz veins are probable sources for placer gold along Fiddler Creek (BC Minfile 103I206). Additionally, Fiddler-Doreen Mine is located at about 2-3 km southeast from the property and counts with a historic production report until 1952 of 564 tonnes of ore (BC Minfile Number 103I048). The deposit types that historically predominate in the Fiddler-Doreen area are Silver, Gold, Lead and Zinc. Geophysical, soil, rock and core samples will be analyzed soon; an exploration program recommended by a qualify geology person will be released when finalized.

Forward-Looking Statement: All of our properties are in the exploration stage. There is no assurance that we can establish the existence of any mineral resource on any of our properties in commercially exploitable quantities. Until we can do so, we cannot earn any revenues from operations and if we do not do so we will lose all of the funds that we expend on exploration. If we do not discover any mineral resource in a commercially exploitable quantity, our business could fail.