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Bullboard - Stock Discussion Forum 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... see more

TSX:STGO - Post Discussion

Steppe Gold Ltd > What happened to 14 holes drilled at UK ?
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Post by Ogopogo007 on Jun 25, 2023 4:49pm

What happened to 14 holes drilled at UK ?

Did a marmot eat the results?

During the nine months ended September 30, 2022, the Company set up an exploration camp at the Uudam Khundii (UK) project and drilling programmes commenced in July 2022. The purpose of the drilling program is to test geochemical and geophysical anomalies at the Milky Way & Golden Steppe prospects and reveal epithermal gold and silver mineralization. During the nine months ended September 30, 2022, total of 14 diamond drill holes for a total of 3,034 meters were completed and lithological logging and sampling are currently being done.

The Mar 2023 MD&A

One diamond core drilling rig, which was POWER 9000 series, was used for drilling programs and, MGL Drilling LLC’s drilling team cooperated with Erdenyn Erel” LLC’s geology team. Although the implementation of the diamond drilling program faced local community opposition and work progress was slow, the planned works were completed betweenJune 24, 2022 and September 27, 2022. The purpose of the drilling programs was to confirm previous results such as verifying in-depth geochemical, magnetic and electrical surveys high intensity anomalies of high grades bodies contented with gold, copper, and polymetal on the surface and sampling. In total, 16 diamond drill holes for a total of 3,596 meters were completed. • Milky Way drilling program, 10 drillholes with a total of 1,931 meters were drilled. • Golden steppe drilling program, 6 drillholes with a total of 1,464 meters were drilled. A total of 2,207 core samples were taken from the drillholes. Geological routing in Milky way prospect was carried out to review interesting features of geological settings, alteration, mineralization zones and high grades parts and to clarify their scopes and sites. A total of 12 km routing was made and 20 rock chip samples were collected.
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