CEL 0.00% 5.4¢ challenger gold limited

It may not be Gina but locals in Argentina that may know the...

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    It may not be Gina but locals in Argentina that may know the potential and path to production.

    The best news are going to come out once at General meeting shareholders approved last capital raise at 8.5c.

    Then after we receive news from both Ecuador drill and Hulian development


    Capital raise allows the opportunity to maximise the value of its Ecuador assets (current Mineral Resource Estimate (MRE) of 4.5 million ounces gold equivalent1 ) for divestment.

    CEL will complete the final 8,000 m of a 22,000 metre drill program designed to produce a maiden
    MRE at Colorado-V in Ecuador.

    ▪ The Company's intention following the completion of this maiden MRE at Colorado V is to initiate
    a strategic process to explore options to monetise, or spin-off, its Ecuador assets.
 
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