CEL – Challenger Exploration Ltd

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Recommendation Rating

2.5

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.16

Low: 0.1

High: 0.22

Total Analysts: 0

Company Profile

Challenger Exploration Limited (CEL) is an Australia-based gold producer company focused on developing two gold/copper projects in South America. The Company’s projects include Hualilan project and El Guayabo Gold/Copper project. The Hualilan project is located approximately 120 kilometers north-northwest of San Juan, the capital of San Juan Province in north-western Argentina. The Hualilan Gold project consists of approximately 15 mining leases and exploration license applications covering the surrounding 26 square kilometers. The El Guayabo Gold/Copper project covers approximately 35 square kilometers in southern Ecuado. The El Guayabo Gold/Copper project has multiple targets, including breccia hosted mineralization, flat lying late-stage vein system and underlying porphyry system target.

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