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Challenger Gold Limited (ASX:CEL)

ALERT: Price-sensitive ASX Announcement for CEL
Current share price for CEL : $2.590 0.52 (25.12%)+
Announcement
Release
31 Jul 2026 6:12PM
Price at Release
$2.070
Full Release
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Summary
The Quarterly Activities Report for Challenger Gold Limited (ASX: CEL) dated 31 July 2026 outlines the company's mineral resource estimates and metallurgical recoveries for its key projects, El Guayabo and Colorado V. The report details inferred and indicated resources in the projects, with the El Guayabo project showing an inferred total of 292 Mt at 0.38 g/t Au, and the Colorado V project showing a combined indicated and inferred total of 278.1 Mt at 0.35 g/t Au. The report also includes a detailed metallurgical recovery analysis, presenting an optimized approach for gold equivalent (AuEq) calculations based on assumed commodity prices and recoveries. The document is thorough in detailing drilling results, including various cut-off grades for gold equivalent and their corresponding resource estimations. Additionally, the schedule of tenements and their respective ownership interests are provided, confirming that Challenger Gold Limited maintains its current holdings.
Key Points
  • Quarterly Activities Report for Challenger Gold Limited dated 31 July 2026.
  • Details on El Guayabo and Colorado V projects' mineral resource estimates.
  • El Guayabo project: 292 Mt inferred resources at 0.38 g/t Au.
  • Colorado V project: 278.1 Mt combined indicated and inferred resources at 0.35 g/t Au.
  • Metallurgical recovery analysis for gold equivalent calculations.
  • Drilling results including various cut-off grades for AuEq.
  • Schedule of tenements confirming current holdings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.