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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

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

Post by Ogopogo007on Jan 30, 2023 11:13pm
225 Views
Post# 35255600

Elephant or mouse?

Elephant or mouse?From MD&A recently filed on SEDAR


During the nine months ended September 30, 2022, the Company set up an exploration camp at the Uudam Khundii (UK) project and drilling programmes commenced in July 2022. The purpose of the drilling program is to test geochemical and geophysical anomalies at the Milky Way & Golden Steppe prospects and reveal epithermal gold and silver mineralization. During the nine months ended September 30, 2022, total of 14 diamond drill holes for a total of 3,034 meters were completed and lithological logging and sampling are currently being done.

so 200 M  on average, true depth unknown at this time.

Wonder how long until drill results are released? Will major shareholders get first look at them before rest of shareholders?

JMHO
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