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Steppe Gold Ltd T.STGO

Alternate Symbol(s):  STPGF

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

Post by Ogopogo007on Apr 04, 2021 9:33am
136 Views
Post# 32934864

6th Turd...VP Exploration?

6th Turd...VP Exploration?From MD&A filed Mar 2021 on SEDAR.com

During the year ended December 31, 2020, Erdenyn Erel LLC, a company at which the Company’s Vice President, Exploration is the CEO, provided drilling services to the Company totaling $2.5 million (2019 - $1.5 million). As at December 31, 2020, $0.9 million was owed to Erdenyn Erel (December 31, 2019 - $1.5 million)


so he gets paid a salary...$12,000 USD/month, bonus and 3X salary and bonus if he quits....to not meed targets set in previous MD&A...as filed Aug 2020

Uudam Khundii Property The Uudam Khundii Gold Project is comprised of one exploration license covering 14,400 hectares in Bayankhongor province, Mongolia. The land package represents one of the largest exploration licenses in the Bayankhongor Gold Belt. The license is in a highly prospective location between and adjoining the Management’s Discussion and Analysis 11 | Page Bayan Khundii gold deposit and Altan Nar gold deposit owned by Erdene Resource Development Corporation (ERD – TSX). The Company has already commenced initial exploration activity on four previously identified gold discoveries. Trenching results should be available in the coming months and this will be followed by an active drilling program through to the end of the year.

what happened...did the burro die and handle broke on pickax ?

Fire the MoFO and hire a drilling Co that can Git'r Done

JMHO


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