Challenger Gold (ASX:CEL) - Investor Webinar - 10 June 2026

Challenger Gold Limited (ASX:CEL) is pleased to provide shareholders and investors with a recording from the recent Investor Webinar. The session introduces incoming Chairman-elect Peter Marrone and incoming Chief Operating Officer Yohann Bouchard, as well as providing a detailed walkthrough of the recently released Pre-Feasibility Study and first gold pour for the cornerstone Hualilan Gold Project in San Juan, Argentina, alongside the Company’s strategy for the path to a production from the larger standalone Hualilan development. --------------------------------------------------------------------------------- Challenger Gold Limited (ASX: CEL) aspires to become a globally significant gold producer. The company is advancing two complementary gold/copper projects in South America. Its flagship project, the Hualilan Gold Project in San Juan, Argentina, contains resources of 2.8 Moz AuEq. HUALILAN GOLD PROJECT Located in San Juan Province, Argentina, the Hualilan Gold Project presents a near-term development opportunity with extensive drilling history. The project boasts over 150 historical drill holes and nearly 900 CEL holes. A JORC (2012) Compliant resource of 2.8 Moz AuEq remains open in most directions. This includes a high-grade core of 9.9 Mt at 5.0 g/t AuEq for 1.6 Moz AuEq and 29.1 Mt at 2.2 g/t AuEq for 2.4 Moz AuEq within the larger MRE of 60.6 Mt at 1.4 g/t AuEq for 2.8 Moz AuEq. The resource estimation is based on approximately 220,000 meters of CEL drilling. Drill results have included: 6.1m at 34.6 g/t Au, 21.9 g/t Ag, and 2.9% Zn; 67.7m at 7.3 g/t Au, 5.7 g/t Ag, and 0.6% Zn; and, 63.3m at 8.5 g/t Au, 7.6 g/t Ag, and 2.8% Zn. Drilling has intersected high-grade gold over 3.5 km of strike, extending the known mineralization along strike and at depth in multiple locations. Recent drilling has also revealed significant intrusion-hosted gold systems, with intercepts including: 209.0m at 1.0 g/t Au, 1.4 g/t Ag, and 0.1% Zn; and, 110.5m at 2.5 g/t Au, 7.4 g/t Ag, and 0.90% Zn in intrusives. The Hualilan Scoping Study outlines production estimates of 116,000 oz Au, 440,000 oz Ag, and 9175t Zn (141,000 oz AuEq) at an ASIC of US$830/oz over an initial 7-year mine life. CEL's current program includes a Pre-Feasibility Study and regional exploration along the previously unexplored 30 kilometres of prospective stratigraphy. EL GUAYABO GOLD/COPPER PROJECT This project spans 35 square kilometres in southern Ecuador, located 5 kilometres along strike from the 20.5 Moz Cangrejos Gold Project. Previously drilled by Newmont Mining in 1995 and 1997, the project targets gold in hydrothermal breccias. Historical drilling indicated potential for significant gold, copper, and silver mineralization, with notable intersections including: 156m at 2.6 g/t Au, 9.7 g/t Ag, and 0.2% Cu; and, 112m at 0.6% Cu, 0.7 g/t Au, and 14.7 g/t Ag. CEL's maiden drilling program confirmed a major Au-Cu-Ag-Mo gold system across several significant zones. Thirteen regionally significant Au-soil anomalies were drilled, with over 500 meters of mineralization intersected at eight of these anomalies, indicating the potential for a major bulk gold system at El Guayabo. The company reported a maiden 4.5 Moz gold equivalent MRE, with mineralization open in all directions. This MRE is based on 34 drill holes, totalling 22,572 meters, from CEL's Phase 1 and 2 diamond core drill program at its 100%-owned El Guayabo concession. CEL has initiated an 8,000-meter drill program aimed at reporting a maiden MRE on two additional anomalies. Following this program, the company plans to explore strategic options to monetize or spin off its Ecuador assets. ------------------------------------------------------------------------------ Jane Morgan Management is a boutique Investor Relations and Media Communications consultancy for ASX-listed companies. As we approach our 20th year in 2026, we've supported more than 250 ASX-listed clients across mining, resources, biotech, fintech, technology and consumer sectors. Website | http://www.janemorganmanagement.com.au LinkedIn |   / janemorganmanagement   Twitter |   / jmm_australia