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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

Metals & Mining Industrial Metals & Minerals
Steppe Gold Ltd. is engaged in the business of precious metals and minerals exploration sector. Its project includes Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, Uudam Khundii UK Project, and Tres Cruces Project. The ATO Project is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia and is comprised of one mining license covering an area of 5492 hectares. The Mungu gold and silver discovery is located northeast of the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The Uudam Khundii property is comprised of one exploration license covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation. It also owns an interest in the Tres Cruces Gold Project located in Northern Peru.


TSX:STGO - Post by User

Steppe Gold Ltd
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Post by Jack79on Jan 29, 2022 8:50am
219 Views
Post# 34374170

Are KRP auditors refused to audit YE'2021 FS ????

Are KRP auditors refused to audit YE'2021 FS ????Ahhh, maybe. Whatelse evil worst case might happen? STGO need to develop healthy normal governance, not the old KGB approach. Before Chinese/asian new year, Prime minister Oyun-Erdene said Government of Mongolia shall accelerate law enforcement against corruption cases of Development bank of Mongolia. Around MNT 841.0 billion (eq. US$ 400.0M) loans were classified as bad loan, no repayment. 2 of them from Gold-II programme. Additional MNT 1.5 trillion (eq. US$ 800.0M) loans awaiting to be classified as bad loan. MPP - Mongolian people's party agreed that there is no support for those who tied with corruption cases and participated in this bad loan issuance. 

Well, that's how "political loan" works...
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