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 fossi_2002on Feb 25, 2021 11:00am

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Post# 32657716

Chart looks good

It is a pity that the gold price is not playing along.

At c$2.60, it looks like a chart breakout. Then the next price target should be c$3.00.

The resources of 2.2 million oz. solidly back up the decision to increase production. Other mines with similar reserves and an investment in the construction of a mine that has yet to be made are usually valued much higher.

https://de.advfn.com/borse/TSX/STGO/chart/streaming

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Advancing flagship Ishkõday Gold Project in Ontario