Couloir Capital Ltd., is pleased to announce the initiation of research coverage on Challenger Exploration Ltd. (ASX: CEL). The initial report is titled, “High-Grade Argentine Gold Project, Ecuadorian Project Next to 17-Million-Ounce Gold Deposit.”
About Challenger Exploration Ltd.
Challenger Exploration Ltd. is a precious metals explorer with a focus on gold and gold-copper projects in Latin America. The company’s flagship Hualilan Property is a gold exploration asset in the San Juan Province of Argentina which carries a non-compliant historical resource of 627,000 ounces at 13.7 g/t Au. The company also has the El Guayabo Project in Ecuador, which is less than 10 km from the 17-million-gold ounce Cangrejos Project.
About Couloir Capital Ltd.
Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.
Analyst Disclosure: The analyst and/or affiliated companies do not hold shares in the subject issuer but expect to after its clients have had an opportunity to trade.