CEL 3.64% 5.3¢ challenger gold limited

From Cannacord April 21"We see potential for CEL to define an...

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    From Cannacord April 21

    "We see potential for CEL to define an initial 1-1.5Moz @ 7g/t AuEq based on the work to date around the Magnata and Sanchez faults, as well as a portion of the Gap Zone. This could fall into an interim resource by mid-year.

    If the Gap Zone (and surrounds) can be defined over its +1.5km strike and averages 75 m in thickness (there is precedence in recent results), we see potential for ~4Moz @ 1g/t AuEq; and then there is the 26 sq km of surrounding leases under application by CEL."

 
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