Challenger Exploration Limited (AU:CEL) has released an update.
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Challenger Gold Limited has secured a binding Toll Processing Agreement with Casposo Argentina Mining Limited for processing ore from its Hualilan Gold Project, ensuring a capacity of 150,000 tonnes annually for three years. Additionally, the company completed a $6.6 million strategic placement to support the upfront access payment and working capital requirements. These moves aim to bolster Challenger Gold’s operational capabilities and financial stability.
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