Challenger Exploration Limited (AU:CEL) has released an update.
Challenger Exploration Limited has announced positive results from its drilling program at the Colorado-V Project in Ecuador, indicating significant mineralization across the CV-A anomaly. The recent drilling results include substantial gold equivalent intersections, supporting the company’s expectations for a maiden Mineral Resource Estimate (MRE). These findings enhance the potential value of Challenger’s Ecuadorian assets, as the company continues its strategic focus on the high-grade production opportunity at the Hualilan Gold project.
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