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Challenger Gold Unveils Robust Hualilan Toll Milling PFS, Secures $37.5M Funding

12:29am on Sunday 21st of December, 2025 AEDT Mining
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Challenger Gold Unveils Robust Hualilan Toll Milling PFS, Secures $37.5M Funding

12:29am on Sunday 21st of December, 2025 AEDT
Key Points
  • Hualilan Toll Milling PFS shows EBITDA of US$88M at conservative prices
  • Low upfront capital of US$8.9M with payback expected within three months of mining start
  • A$37.5 million equity placement funds development through first cash flow
  • Heap leach metallurgical testwork indicates up to 85% gold recovery on low-grade ore
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