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6.25% 4.5¢ challenger gold limited

Ann: High Grade Mineralisation at Hualilan Gold Project, page-12

  1. Goldbullsach
    1,550 Posts.
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    29/01/21
    10:22
    Post #: 50531360
    KK certainly has a good eye for projects. Massive system being uncovered here. Results now solidly underpinning the company. Accumulator seems to be done for now. Grades are more than economic if they just follow the high grade UG. Probably only needs a 800ktpa plant if they want to limit capex early on.
    This will be mined. Needs a lot more drilling, studies, funding etc, but worth the wait.

    2-3 moz ++

    These guys will be sitting on combined resources of 10-15moz + by the end of this IMO. Even at $60/oz its 3-5 bags. Gold to $3k would be interesting
    Last edited by Goldbullsach: 29/01/21
    CEL Price at posting: 30.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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