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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 Jack79on Mar 31, 2025 9:42am
110 Views
Post# 36516309

WHAT ARE THE STRATEGIC DEPOSITS? HERE IS A LIST

WHAT ARE THE STRATEGIC DEPOSITS? HERE IS A LIST
A LIST OF STRATEGICALLY IMPORTANT DEPOSITS:
1.Umnugobi, 6,420 2 Nariin sukhait Fossil coal Umnugobi, Gurvantes 125.5 million tonnes coal
3 Baganuur Brown coal Ulaanbaatar, Baganuur 600 million tonnes coal
4 Shivee Ovoo Brown coal Gobisumber, ShiveeGobi 646.2 million tonnes coal
5 Mardai Uranium Dornod, Dashbalbar 1,104 tonnes at 0.119% U3O8
6 Dornod Uranium Dornod, Dashbalbar 28,868 tonnes at 0.175% U3O8
7 Gurvan bulag Uranium Dornod, Dashbalbar 16,073 tonnes at 0.152% U3O8
8 Tomortei Iron Selenge, Khuder 229.3 million tonnes at 51.15% Fe
9 Oyu tolgoi Copper, gold Umnugobi, Khanbogd 2.7 billion tonnes of ore, 25,4 million tonnes
of copper , 1028 tonnes of gold
10 Tsagaan suvarga Copper, molybdenum Dornogobi, Mandah 10.64 million tonnes oxides at 0.42% Cu and 0.011% Mo, 240.1 million tonnes sulphides at 0.53% Cu and 0.018% Mo
11 Erdenet Copper, molybdenum Orkhon, BayanOndor 1.2 billion tonnes at 0.51% Cu and 0.012% Mo
12 Burenkhaan Phosphor Khubsugul, AlagErdene 192.24 million tonnes at 21.1% P2O5
.......
13 Boroo Gold Selenge, Bayangol 24.5 thousand tonnes at 1.6g/tonn Au
......
14 Tomortein ovoo Zinc Sukhbaatar, Sukhbaatar 7.7 million tonnes at 11.5% Zn
15 Asgat Silver BayanUlgii, Nogoonnuur 6.4 million tonnes at 351.08g/tonn Ag
..........

Mongolia will maintain the concept of “strategic deposits” under the Minerals Law, over which the State is entitled to acquire an equity interest of up to 50 percent subject to the source of funding for exploration. Currently, there are 15 identified strategic deposits, including operating and exploration-stage projects. It is anticipated that the list of strategic deposits will be expanded.
https://www.lexology.com/library/detail.aspx?g=08859970-ac29-40f7-a0b5-ad7814737d15

This Amendment establishes certain restrictions on the share ownership of legal entities holding licenses for mineral deposits of strategic importance. Specifically, it prohibits any person, either alone or jointly with affiliated parties, from holding more than 34 percent of the total issued shares of a company holding a special license for a mineral deposit of strategic importance. 
https://dplaw.mn/recent-amendments-to-the-minerals-law-of-mongolia/
 
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