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Challenger Exploration Limited ( (AU:CEL) ) has issued an update.
Challenger Exploration Limited has announced the signing of contracts with ORICA and THOR S.A. for the provision of blasting products and drilling services, respectively, as part of the Toll Milling Phase at the Hualilán Gold Project. This strategic move is aimed at ensuring safe and efficient operations, with the Toll Milling Phase marking a critical milestone in the company’s growth strategy, providing near-term cash flow and reducing risks associated with the broader development of the Hualilán Gold Project.
More about Challenger Exploration Limited
Challenger Exploration Limited is a company operating in the mining industry, focusing on gold exploration and production. Their primary project is the Hualilán Gold Project located in San Juan Province, Argentina. The company is committed to leveraging local expertise and resources to advance its operations.
Average Trading Volume: 3,318,591
Technical Sentiment Signal: Buy
Current Market Cap: A$380.9M
For detailed information about CEL stock, go to TipRanks’ Stock Analysis page.