Challenger Exploration Confirms Viability of Casposo Plant

Challenger Exploration Limited (AU:CEL) has released an update.

Challenger Exploration Limited has completed an independent audit of the Casposo Processing Plant, confirming its suitability for toll treatment of Hualilan ore. The audit highlights the plant’s capacity to handle 300,000 tonnes annually, double the company’s requirement, with promising gold recovery rates exceeding 90%. This development paves the way for early production and cash flow generation to fund the larger Hualilan Gold project.

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