Challenger Exploration Verde Zone discovery extended to 1.5 kilometres of continuous mineralisation

Challenger Exploration (ASX: CEL)
  • Drilling at the Verde Zone targeting extensions along strike and below the existing drilling has returned a number of significant intersections with results including (refer Table 1):
    • 62.0m at 2.1g/t AuEq2 – 1.7 g/t Au, 20.3 g/t Ag, 0.3% Zn from 173.0m including;
    • 17.0m at 3.5 g/t AuEq2 – 3.2 g/t Au, 4.4 g/t Ag, 0.5% Zn from 173.0m plus
    • 18.0m at 1.0 g/t AuEq2 – 0.8 g/t Au, 4.3 g/t Ag, 0.3% Zn from 249.0m and
    • 26.8m at 1.9 g/t AuEq2 – 1.7 g/t Au, 2.8 g/t Ag, 0.4% Zn from 363.0m (GNDD-254)
      • 35.0m at 2.3g/t AuEq2 – 2.2 g/t Au, 3.0 g/t Ag, 0.1% Zn from 63.0m including;
      • 29.0m at 2.7 g/t AuEq2 – 2.6 g/t Au, 2.7 g/t Ag, 0.1% Zn from 63.0 (GNDD-277)
      • 15.0m at 4.5g/t AuEq2 – 3.7 g/t Au, 38.6 g/t Ag, 0.7% Zn from 239.4m including;
      • 2.8m at 19.1 g/t AuEq2 – 18.4 g/t Au, 29.8 g/t Ag, 0.7% Zn from 242.3m (GNDD-280)
      • 50.0m at 1.0g/t AuEq2 – 0.9 g/t Au, 1.9 g/t Ag, 0.3% Zn from 132.0m and;
      • 8.9m at 2.0 g/t AuEq2 – 1.3 g/t Au, 10.9 g t Ag, 1.5% Zn from 382.0 (GNDD-322)
    • Better grades at depth confirm CEL’s view that earlier Verde Zone drilling was not deep enough to intersect the higher-grade intrusion related mineralisation which is still open at depth.

    Challenger Exploration (ASX: CEL) (“CEL” the “Company”) is pleased to announce the results from drilling targeting the recent Verde and Gap Zone discoveries from the Company’s flagship Hualilan Gold Project in San Juan, Argentina.

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