https://newsletter.en.creamermedia.com
Copper|Design|Exploration|Flow|Gold|Mining|PROJECT|Reinforcing|Flow|Drilling
Copper|Design|Exploration|Flow|Gold|Mining|PROJECT|Reinforcing|Flow|Drilling
copper|design|exploration|flow-company|gold|mining|project|reinforcing|flow-industry-term|drilling

Challenger moves towards production at Argentina project

11th February 2025

By: Creamer Media Reporter

     

Font size: - +

Gold and copper exploration company Challenger Gold has announced progress towards mining and toll milling at its flagship Hualilan project in Argentina, securing multiple mining contracts and a toll milling agreement to accelerate production and cash flow.

The company has executed agreements for the extraction of high-grade gold ore at Hualilan. These contracts mark a major step in transitioning from exploration to production. Further, Challenger has secured a toll milling agreement with a regional processing facility, offering a cost-effective solution for ore processing.

Recent drilling results continue to highlight the project’s potential, with high-grade gold intersections confirming extensive mineralisation across multiple zones, reinforcing the strong economics of the Hualilan project.

The completion of toll milling pit design and mining schedules is a significant milestone as it allows us to finalise quotes for contract mining and trucking of material to Casposo.

"The final mining schedule for tolling itself represents a significant improvement over our initial case. It shows a 10% improvement in grade; delivers six-months toll milling feed in the first three months of mining; front loads cashflows with grades of 8.7 g/t gold and 34.5 g/t silver during the first year of tolling and provides significant flexibility and optionality with only three of the four pits required and an additional 120 000 t of toll milling material available in the toll milling pits," said MD Kris Knauer.

"Finally, Austral Gold, the toll mill operator, has indicated that refurbishment of the Casposo plant is progressing," he said.

 

Edited by Creamer Media Reporter

Comments

Latest News

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Showroom

RioCarb
Rio-Carb

Introducing the Rio-Carb Smart Chute Concept - a revolutionary advancement in materials handling, designed for the toughest industries like mining...

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.06 0.148s - 171pq - 2rq
Subscribe Now