MEDIA RELEASE
4 March 2025
Challenger Gold Appoints Eduardo Elsztain as Non-Executive Chairman
Prominent Business Leader to Drive Commercialisation of Hualilan Gold Project
Challenger Gold Limited (ASX: CEL) (“Challenger” or “the Company”) is pleased to announce the appointment of Mr. Eduardo Elsztain as Non-Executive Chairman, effective immediately.
Key Highlights
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Eduardo Elsztain brings decades of leadership in global real assets and mining investments.
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Extensive experience in Argentina, where Challenger’s flagship Hualilan Gold Project is located.
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Strategic appointment to accelerate Hualilan’s commercialisation.
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Sergio Rotondo remains on the Board as Executive Vice Chairman.
About Eduardo Elsztain
Mr. Elsztain is a leading Argentine businessman, having built a vast portfolio of real estate, agriculture, and mining assets across Latin America. His experience in mining operations and investment both inside and outside of Argentina will be instrumental in guiding Challenger Gold through its next phase of growth.
Board Support for Commercialisation Strategy
Challenger Gold’s Board is confident that Mr. Elsztain’s leadership will provide strategic direction as the Company advances toward the development and commercialisation of the Hualilan Gold Project.
Managing Director, Kris Knauer, commented:
"We are delighted to welcome Eduardo as our new Chairman. His expertise in global asset development, including mining, makes him an ideal leader as Challenger transitions from exploration to production at Hualilan."
Next Steps for Challenger Gold
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Advance the Hualilan Gold Project towards near-term production.
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Leverage Eduardo Elsztain’s expertise and network to unlock strategic opportunities.
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Continue exploration and resource expansion to maximise project potential
About us:
About Challenger Gold Limited (ASX: CEL)
Challenger Gold Limited is an ASX-listed exploration and development company focused on the Hualilan Gold Project in Argentina. The project hosts a 2.8Moz AuEq Mineral Resource and is progressing toward commercialisation through a strategic toll milling agreement and further resource expansion.
For more information, visit www.challengergold.com.
Contact details:
For Further Information:
📩 Kris Knauer – Managing Director | kris.knauer@challengerex.com | +61 411 885 979
📩 Jane Morgan – Media Enquiries | jm@janemorganmanagement.com.au | +61 405 555 618
