EXPLORATION & DEVELOPMENT
Challenger's 2Moz Hualilan resource just the start
Drilling of high and low grade mineralisation continuing
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SOLUTIONS
Challenger Exploration
"We aim to employ local people and integrate with their community"
Kris Knauer , CEO and Managing Director, Challenger Exploration
Video Highlight
Challenger Exploration (ASX:CEL) significant discovery with grade and scale
Overview
Challenger Exploration Limited is an Australia-based gold and copper exploration company.
The Company’s projects include Hualilan, El Guayabo and Karoo Basin Gas.
The Hualilan Project is located approximately 120 kilometers north-northwest of San Juan, the capital of San Juan Province in north-western Argentina. It consists of 15 mining leases and an exploration license application covering the surrounding 26 square kilometers.
The El Guayabo project consists of nested late Oligocene to Early Miocene intrusions punctured and intruded by a number of breccia bodies and porphyries. The property is located within the El Oro Province of southern Ecuador, 35 kilometers south southeast of the Machala which lies on the Pan-American Highway and contains a water port.
The Karoo Basin Gas project, which extends across 600,000 square kilometers is located in central and southern South Africa and contains organic rich shales of Permian age with combined thickness up to 5,000 feet.
Exclusive ResourceStocks Assets
Next 6 holes all intercept over 300 metres of mineralisation
CEL should execute power purchase agreement (PPA) if price per kwh is under US 7 cents
An overview of Challenger Exploration's projects
Next drill holes on CV-A and CV-B soil anomalies significantly expand the scale of mineralisation
Results confirm the GY-A anomaly has significant scale, with mineralisation having a true width
1.6 Moz at 5.0 g/t AuEq1 within 2.8Moz AuEq1 at Hualilan Gold Project
Argentina and Ecuador Gold and Copper Projects
Several high- grade intersections including 40 metres at 4.2g/t AuEq
Challenger Exploration reports first drill results with 500 metre intercepts in first two drill hole
Recent four holes in El Guayabo all intersect Au-Cu-Ag-Mo with three holes intersecting over 300m
Extends the mineralisation at Sentazon, Hualilan Gold Project, Argentina
Extension and infill drilling at the Verde Zone continue to deliver outstanding results
Encounter a significant zone of high-grade Au-Cu-Ag mineralisation intersecting 53.7m at 5.3g/t AuEq
Challenger advances towards a maiden Mineral Resource Estimate in Ecuador
Summary of corporate updates and Argentina and Ecuador Gold/Copper projects
Completed a series of exploration holes designed to test new concepts and extend mineralisation
Extension and infill drilling at the Verde Zone continues to deliver results
Ongoing drilling has materially extended the high-grade mineralisation in multiple zones
Kris Knauer, managing director, will be presenting on Thursday 11 May at 10am AEST
Challenger's Colorado V Project, Ecuador
Firm commitments received to raise $10 million by way of an institutional placement
Argentina and Ecuador Gold/Copper Projects
Several significant intercepts confirm Verde Zone at the Hualilan Project, is a discovery of scale
Challenger Exploration Ltd is pleased to invite shareholders and investors to an investor webinar
El Guayabo concession in Ecuador has intersected significant Au-Cu-Ag-Mo mineralisation over 784m
11 hole program targeting the next 8 regionally significant Au-soil anomalies in Ecuador completed
Drilling at Hualilan Gold Project continues to significantly extend the high-grade mineralisation
MRE significantly expands mineralisation,particularly the high-grade core of 1.1 Moz at 5.6 g/t AuE
February 2022 Presentation with investment highlights, gold projects, recent developments and more
Challenger targets development of its Hualilan Gold Project
The earthquake was centred in El Oro Province, Ecuador which contains the El Guayabo Project
CEO, Kris Knauer discussed the $22 Million Investment from Large North American Listed Resource Fund
Secures a $22 Million Investment from Large North American Listed Resource Fund at a 30% Premium
Initial El Penon sampling 10 kilometres northwest of Hualilan delivers high-grade Au-Ag results
Stock Price
Company Financials
Latest Articles
M&A
Value creation potential looming for Challenger's big South American gold plays
Has upcoming catalysts in the shape of resource estimate and scoping work
Web Address
Contact
Offices
Level 1, 1205 Hay Street
WEST PERTH WA 6005
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