Challenger reports maiden 2.1Moz resource in Argentina
PERTH (miningweekly.com) – Junior Challenger Exploration has reported a 2.1-million-ounce resource at its flagship Hualilan gold project, in Argentina.
The mineral resource estimate was based on 125 700 m of drilling from a 204 000 m diamond core drill programme, and Challenger told shareholders on Wednesday that the resource would be updated on the completion of the drill programme.
The mineralisation remains open in all directions, and there was clear potential for the resource estimate to grow significantly through extension and infill drilling, Challenger said.
“As much as I am delighted by this maiden resource it is an interim resource estimate. It includes only 126 000 m of our 204 000-m drill programme, covering 2.2 km of the 3.5 km of strike, ove rwhich the high-grade mineralisation has been intersected,” said Challenger MD Kris Knauer.
“With mineralisation open in all directions this interim resource estimate provides a window to the substantial potential at Hualilan. Importantly we have found significantly more high-grade skarn mineralisation than expected with it comprising more than half of this interim mineral resource estimate. Based on drilling since the mineral resource estimate cut-off date we expect this trend of significantly more skarn to continue, which will be major boost for the project.”
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation