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 Mar 07, 2023 5:57pm

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Post# 35324727

Hmm...Where could they get that money?

Seems the mngmnt is leaving ATO project. It's failed. One of the unsolved mysteries is only now being solved...HAH...Sucking all the money from ATO phase-1 and became richer than Co...Ha-Ha-Ha

What i remember is they repeating like a parrot that we have no money, when TSX shareholders asking for a "Shares repurchase programme"....And in the balance sheet they disclosed $5M as a short term investment in Capitron bank.....HAH....

I don't think that UK drilling will be intensified. ATO&UK turned into abandoned project.

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