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Challenger Exploration Limited ( (AU:CEL) ) has provided an announcement.
Challenger Gold Limited announced significant progress towards mining and toll milling readiness at its Hualilan site. The company completed its final open pit mine design and mining schedules, increasing the average grade of mineralization and enhancing operational flexibility. The commencement of equipment repairs at the Toll Mill plant is underway, with a Pre-Feasibility Study scheduled for completion in March 2025. This progress marks a critical milestone in Challenger Gold’s operational strategy, which includes finalizing contract mining and material haulage agreements.
More about Challenger Exploration Limited
Challenger Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and development. It is listed on the Australian Securities Exchange under the code CEL and is headquartered in West Perth, Australia.
YTD Price Performance: 8.00%
Average Trading Volume: 1,265,009
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$91.14M
Learn more about CEL stock on TipRanks’ Stock Analysis page.
