Challenger Exploration: Receives further results from Hualilan

  • 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
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.

You May Also Like

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...