Steppe Gold Ltd T.STGO

Alternate Symbol(s): STPGF

Metals & Mining Gold

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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Post by Jack79on Aug 01, 2021 9:31am

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Post# 33638192

Targets for Q2, hit or lost....

Here is my checklist for Q2 results:

Semi - annual target	Value	Hit	Lost
SP with support MSE	CAD $ 4.09
Gold production	30,000 oz
New crusher completion	July, 2021
Boiler house completion	mid of Aug 2021
BFS	mid of Aug 2021
Stacking on Cell #3 (based on 2020 Q2 level)	Around 650,000 tonnes

Stacking score	Value	Gold	Silver
Q1 2020	650,000 tonnes	2.0 g/t	N/A
Q2 2020	654,096 tonnes	2.16 g/t	N/A
Q3 2020	483,816 tonnes	2.18 g/t	8.48 g/t
Q4 2020	206,703 tonnes	2.26 g/t	9.22 g/t
Q1 2021	189,283 tonnes	1.91 g/t	10.1 g/t