Challenger doubles Ecuadorean gold resources, considers spin-out

TAL Invests in Challenger

TAL is to acquire a 15.1% interest in Challenger Limited, subject to regulatory approvals. TAL states it recognises the evolving needs of Australia’s ageing population and a shareholding in Challenger adds to its long-term commitment to the growing retirement sector. TAL’s CEO, Fiona Macgregor, said: “There is an important community need to address with five […]

Up to 9.1Moz AuEq: Challenger doubles resource at Ecuador projects

Challenger Gold (ASX:CEL) has doubled the resource of its El Guayabo and Colorado V to an overall mineral resource estimate (MRE) of 570.3 million tonnes (Mt) at 0.50 grams per tonne (g/t) of gold equivalent (AuEq, equating to 0.36 g/t Au, 2.2 g/t Ag, 0.07% Cu, and 9.7 parts per million- ppm Mo, or molybdenum). Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify,…

Challenger doubles Ecuadorean gold resources, considers spin-out

CEL doubles Ecuadorean gold resource from 4.5Moz to 9.1Moz Company to shift focus to flagship Hualilan gold project in Argentina Plans underway to monetise Ecuadorean assets for maximum value   Special Report: Challenger Gold has doubled the resource of its Ecuadorean projects – El Guayabo and Colorado V – 570.3Mt at 0.50g/t gold equivalent for 9.1Moz gold equivalent, and kicked off a strategic process as it zeroes in on the Hualilan development…