January 12, 2011
Challenger Development Corp. reported historical drill results of its Tanzania property. The new property, called Target 1, is composed of approximately 212 square kilomters that includes part of the Buziba-Busolwa-Buckreef project which was explored extensively in the previous years. Highlights of historical drilling includes; reverse circulation drill hole MWBR377 which intersected 14 meters grading 34.23 grams per tonne gold.
December 3, 2010
Challenger Development announcd that it has entered into an option agreement with Eden Gold Limited whereby the company will acquire a 80-per-cent legal and beneficial interest in 70 primary mining licences, 2 prospecting licences and 4 HQ-P applications for exploration of gold on property located in the
Buziba/Geita region of Tanzania.
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