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Bullboard - Stock Discussion Forum 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... see more

TSX:STGO - Post Discussion

Steppe Gold Ltd > Excellent..drilled for gold and found zinc
View:
Post by Ogopogo007 on Apr 26, 2022 7:01am

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
Comment by chonasis on Apr 28, 2022 1:13pm
Oh yeah...shareholders are going to "hate" that Ogo....you clueless twit!! Hmm...let's see...new discovery of high grade base metals zinc and lead (which have always been part of the plan to process with flotation in Phase 2 (along with the gold) and already part of the Phase 2 CAPEX....which will bring in more revenue and has the potential of extending the mine life (currently ...more  
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