Steppe Gold Ltd T.STGO

Alternate Symbol(s): STPGF

Metals & Mining Industrial Metals & Minerals

Steppe Gold Ltd is a Mongolia-focused precious metals company. The Company is focused on operating, developing, exploring and acquiring precious metal projects in Mongolia and Peru. Its projects include Altan Tsagaan Ovoo (ATO) gold and silver project, Mungu Project, and Uudam Khundii UK 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.

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Steppe Gold Ltd

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Comment by StockPigg7on May 06, 2020 11:48pm

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Post# 30996085

RE:Unappreciated juniors

I think a sleeper is Superior Gold (SGI).

Similar market cap with Steppe but they are a 80-100K oz producer and have been producing for the last 3 years.

They have 22 million cash, a 10 million gold loan and their property has 2 mills. One of them is on care and maintenance, but for minimum capex, they can restart it and get those numbers up to 150k - 200k in the right price environment.

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