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Challenger Exploration Limited ( (AU:CEL) ) has issued an update.
Challenger Gold Limited has responded to a query from the Australian Securities Exchange regarding its recent announcement about the commencement of final testwork for its Pre-Feasibility Study (PFS). The company clarified that the information disclosed was not considered material as it was an interim update, with final results expected in the last quarter of 2025. The announcement included results of column tests, which were consistent with previous findings and not deemed price sensitive. The ongoing studies, including a Life of Mine Study and various cost models, are expected to provide a comprehensive analysis of the project’s potential impact on economics.
More about Challenger Exploration Limited
Challenger Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold resources. It is listed on the Australian Securities Exchange under the ticker ASX: CEL.
Average Trading Volume: 2,919,984
Technical Sentiment Signal: Buy
Current Market Cap: A$167.4M
See more data about CEL stock on TipRanks’ Stock Analysis page.