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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 Sep 22, 2022 6:49am
214 Views
Post# 34978348

Why can't STGO pull 5K+/month off the leach pad?

Why can't STGO pull 5K+/month off the leach pad?Can Fundamental Reseach do fundamental spelling?

At the end of August 2022, STFO had approximately 80 Koz of gold in invesntory (worth $140M at $1750/oz gold) available for processing

Why the dickens can't they pull 5K+/month off leach pad? According to above (paid for?) pump piece there is 80,000 oz sitting there just waiting for processing
What's wrong this time?
didn't set up leach pad propperly?
Not leaching properly? (metalurical problems)
Leach system undersized for 60,000 oz/yr that Pinocchio pumped for years?
Other hidden from shareholder issues?
Asking for a friend
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