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Monday, October 27, 2025

Challenger Exploration: Receives further results from Hualilan

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Challenger Exploration (CEL) has received further results from its 45,000-metre drilling program at its Hualilan Gold Project in Argentina
  • Around 27,000 metres of drilling has completed which is aiming to uncover extensions to the historical resource estimate
  • Grades have peaked at 36.8g/t gold, 111g/t silver and 11.6 per cent zinc with results continuing to extend the mineralisation both along strike and down dip
  • Highlights include the discovery of a broad zone of mineralisation below the Sentazon Manto and a new high-grade zone south of the Magnata fault
  • Challenger waiting on results from a further 67 holes which expected to reported on by the end of February
  • Shares in Challenger are steady on the market and trading at 30 cents
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