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 > Excellent..drilled for gold and found zinc

<< Previous

Bullboard Posts

Next >>

Post by Ogopogo007on Apr 26, 2022 7:01am

155 Views

Post# 34631218

Excellent..drilled for gold and found zinc

President and CEO of Steppe Gold, Bataa Tumur-Ochir commented, "We are very pleased to announce these exciting drill results with high grade intercepts of zinc and lead supporting our view that the Phase 2 Expansion at ATO has much further to go.

So the plan is to spent $150,000,000 on a Ph 2 mill to process sulphide gold/silver for a few years, then spend more - new or convert existing - to process zinc.
That should make shareholders very happy

Looking at history of how mngmnt screwed up Phase 1...why expect anything different?

JMHO

<< Previous

Bullboard Posts

Next >>

Now trading on the TSX Venture Exchange: Kootenay Resources Inc.