Chesser Resources (CHZ)

Shares / Stock Code

CHZ

Stock Exchange / Sharemarket

Australian Securities Exchange

Chesser Resources Ltd (CHZ) is an ASX-listed Exploration company with an advanced gold project and a portfolio of discovery-stage gold and gold-copper properties in Turkey. Chesser's strategy is to build a portfolio of advanced gold projects with potential to develop into multi million ounce, economically favourable mining projects. The company is committed to advancing its existing portfolio while continuing to seek new advanced opportunities. The company has assembled a strong exploration portfolio and an experienced and motivated team, and is well-placed to continue adding shareholder value through its stated strategy.

The Company is primarily engaged in exploring, developing and investing in the resource sector. Its geographical segments comprise of Australia and Turkey. The Company acquired 15 licenses on four separate project areas with potential for epithermal gold and porphyry copper-gold. The Sisorta property is a volcanic-hosted high sulphidation epithermal project. The Company’s subsidiary is Chesser Arama ve Madencilik Limited Sirketi. On March 2, 2009, the Company acquired two gold projects in Western Turkey, Kestanelik and Karaayi.

Chesser was incorporated on 2 March 2006 for the purpose of exploration, development, and investment in resource opportunities. Chesser is focused on building a solid portfolio of advanced exploration projects with good potential to move down the path to feasibility in the near term. The Company has entered into an option agreement with Eurasian Minerals Ltd (TSX-V:EMX) to earn up to a 70% interest in the Sisorta Property, an advanced project with potential to develop into a sizeable resource of opn-pittable, bulk-mineable oxide gold mineralisation. Chesser also has a number of earlier stage properties in Turkey including Kestanelik and Karaayi.

Chesser Resources (CHZ) Products and Services

  • Exploration, development and investment in resource opportunities

Chesser Resources (CHZ) Locations and Subsidiaries

Chesser Resources Head Office
Level 2, 32 Park Road,
MILTON, QLD 4064

Phone: (07) 3369 4000
Fax: (07) 3369 4900

Chesser Resources (CHZ) Share Price

Submitted by ASX Listed Company on 9 March, 2010 - 02:02

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