LIMA, Peru, June 20, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Chazel Capital today revealed an aggressive expansion plan for their existing operation in Peru in response to and preparation for the massive growth occurring in the mining sector.
"There has been a massive amount of investment into the Peruvian mining sector in recent months. As a company at the forefront of this growth, we felt it necessary to grow our physical presence along with the market as a whole. We have hired 5 new, full time staff members and leased an additional floor in the building where our corporate offices are located in Lima. The increased investment levels which we are seeing flow into Peru create a wealth of opportunities for us as Joint Venture operators and also justify increased levels of investment on our part in order to further enhance our strong market position. Also, we will actively seek to develop strategic relationships with other multinational companies that could lead to the sub-licensing of Nippon Dragon Resources (TSX.V Listed TCKR:NIP) patented Thermal Fragmentation® mining method and other business opportunities." Andre Savard, CEO, Chazel Capital Inc.
ABOUT CHAZEL CAPITAL
Chazel Capital, Inc (http://www.chazelcapital.com) commenced operations in Peru at the OFIR Rey Salomon Project in 2011. Since then, Chazel has established itself as a leading company within the Peruvian Gold Mining sector.
Chazel Capital is a multinational private equity firm engaged in the business of structuring, financing, and managing profitable Gold Mining and other Natural Resource production ventures. Chazel holds diverse interests in various Gold Mining projects including the OFIR Mine Project, LP, also known as Rey Salomon, a producing hard-rock Gold Mine located in the Arequipa Mining District of Caraveli Province, Peru, in partnership with Canadian Hybrid Mining and Technology company Nippon Dragon Resources (TSX.V :NIP) http://www.nippondragon.com For more information about Chazel Capital and their exciting joint ventures, please visit http://www.chazelcapital.com.
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