Challenger Gold Accelerates Hualilan Production with Toll Processing Deal

• Binding Toll Processing Agreement signed with Casposo Argentina Mining Limited for Hualilan ore
• Guaranteed annual toll processing capacity of 150,000 tonnes for three years
• Identified 478,000 tonnes of ore containing 85,550 ounces of gold and 495,334 ounces of silver for initial toll milling
• Positive drilling results at Colorado V project in Ecuador indicating significant mineralisation