Highlights:
- Environmental Impact Assessment ("EIA") approved for the Hualilán Gold Project
- First gold project in San Juan Province to receive EIA approval in 17 years
- Approval enables commencement of mine construction and development
- Demonstrates Challenger's commitment to environmental and social responsibility
Challenger Gold (ASX: CEL) ("CEL" or the "Company") is pleased to announce that it has received approval of the Environmental Impact Assessment ("EIA") for its Hualilán Gold Project in San Juan Province, Argentina, through Resolution No. 688-MM-2024.
The approval represents a major milestone in the development of the Hualilán Project and marks the first gold project in San Juan Province to receive an EIA approval in 17 years. The EIA covers 19 mining rights, including the Hualilán Groups No. 1 and No. 2, and enables the Company to proceed with mine construction and development activities.
- The Company has made strong social commitments including:
- Prioritising local employment with focus on San Juan residents
- Community development program
- Technical training program for local students
- Promoting participation of local and regional suppliers
Dr. Sonia Delgado, Executive Director of Challenger Gold commented: "This approval establishes a new standard in mining, combining economic development with environmental protection and social benefit for San Juan. Challenger chose San Juan not by chance, but by conviction - a province that offers not only legal security and institutional support but possesses exceptional human capital and over a century of mining tradition."
"The approval process was led by local professionals, demonstrating that San Juan's talent meets the highest international standards. We will be an example of modern mining, with 71 specific environmental commitments that we view as our promise to the people of San Juan who have seen us grow."
About us:
Challenger Gold Limited’s (ASX: CEL) aspiration is to become a globally significant gold producer. The Company is developing two complementary gold/copper projects in South America with the Company's flagship Hualilan Gold Project in San Juan, Argentina containing resources of 2.8 million ounces gold equivalent.
Contact details:
Jane Morgan
jm@janemorganmanagement.com.au
