This came across my desk over the weekend from the Sprott daily note, great to see CEL get a mention and nice to know we are on their radar -
CHALLENGER EXPLORATION (CEL-ASX, A$168m Mkt Cap) - Drill 69m @ 4.8g/t AuEq (75% Au, Ag/Zn credits) from 10m and 27m @ 11.4g/t AuEq from 10m plus 4m @ 48g/t AuEq from 14m on Hualilan in Argentina. This is a 650koz @ 13g/t skarn, headline hit is in new area targeting "Sanchez Fault" TW is lower but steep terrain previously prevented access, looks like a juicy new zone. Also 3m @ 30g/t down dip in another part of the ore body at Sentazon looks very good, down dip of 4.5m @ 6g/t. AND hit more intrusion hosted with 38m @ 1.3g/t. This is a complicated system but very big and very rich = shaping up into "will be a mine".
Sprott daily note
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
-0.003(5.66%) |
Mkt cap ! $70.18M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.0¢ | $284.8K | 5.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 222009 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 247000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CEL (ASX) Chart |