en.Wedoany.com Reported - Challenger Gold has issued a clarification regarding recent external comments on the operation of the Hualilán mine, confirming that ore transport to Casposo has been temporarily suspended, but mine development continues.
The company stated that the suspension of transport is the result of operational sequencing and technical analysis, aimed at continuing to advance mine development. The initial processing activities currently underway have provided key technical, metallurgical, and operational data for Hualilán, which are valuable to the company, its shareholders, and the province of San Juan, and confirm that over US$101 million has been invested in the project to date.
Hualilán is a project with a robust and continuous mineralization system, with the potential to support multi-year mining operations, based on existing data and project planning at its cut-off grade.
Ore transport to Casposo is scheduled to resume in the fourth quarter of 2026, by which time Hualilán will have accumulated a sufficient quantity of qualified material to support continuous, efficient, and stable logistics and processing activities. In fulfillment of its corporate social responsibility, the company has decided to cover the transport contract and related costs during June and July.
Challenger Gold reiterates its ongoing commitment to maximizing the long-term value of Hualilán and ensuring that future processing decisions are based on the best geological, mining, and operational information. The temporary suspension phase also involves work on installing a modular bridge over the Los Patos River, as well as environmental monitoring tasks related to transport. The company reaffirms its commitment to the development of the province of San Juan, the community, suppliers, and shareholders.
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