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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.


TSX:STGO - Post by User

Steppe Gold Ltd
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Post by chonasison Feb 24, 2021 12:45pm
124 Views
Post# 32647831

Big News Out - Resource Double!

Big News Out - Resource Double!
Great news out today with the doubling of the ATO resource....Next piece is the BFS numbers which are due out in Q2!  STGO can't possibly avoid being re-rated much higher in coming days/weeks/months (IMHO).  This"should" keep ol' Dougie the janitor aka GripNRip aka Ogopogo quiet for a while...."should".

https://stockhouse.com/news/press-releases/2021/02/24/steppe-gold-doubles-the-ato-gold-mine-resource-to-2-45moz-gold-equivalent

Interestingly no major jump on today's news.....Hopefully some positive initial discovery results from UK deposit in the coming months + the BFS numbers in Q2 will lead to a major "steppe up" in Mkt Cap from here.

Bravo Zulu to the STGO team for putting the next puzzle piece in place for eventual Phase 2 expansion!

Chonasis
 
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