Steppe Gold Ltd. is pleased to announce the filing of an updated preliminary economic assessment regarding its 100% owned Tres Cruces Oxide Gold Project located in Peru . Chairman and CEO of Steppe Gold, Bataa Tumur-Ochir commented, "We are delighted to announce this updated technical study for the Tres Cruces project. Tres Cruces is strategically [...]
Steppe Gold Ltd. is pleased to announce the filing of an updated preliminary economic assessment regarding its 100% owned Tres Cruces Oxide Gold Project located in Peru . Chairman and CEO of Steppe Gold, Bataa Tumur-Ochir commented, "We are delighted to announce this updated technical study for the Tres Cruces project. Tres Cruces is strategically [...]
Steppe Gold Ltd. is pleased to announce its financial results for the the second quarter ended June 30, 2023. HIGHLIGHTS Second Quarter Highlights Revenue for the three and six months ended June 30, 2023, was $14,272 and $23,797 on gold sales of 6,880 ounces and 11,888 ounces with average realized prices per ounce of $1,971 and $1,935 respectively [...]
Phase 2 Expansion Accelerating with Financing Secured Steppe Gold Ltd. is pleased to provide an operations update following the conclusion of the second quarter. Highlights: Phase 2 Expansion financing announced and first funds available in July. EPC arrangements in the final stages and announcement planned by end July. Q2 production at 6,663 oz [...]
Steppe Gold Ltd. is very pleased to announce it has signed a binding term sheet to provide up to US$150 million in financing to fully fund the construction and completion of the Phase 2 Expansion at the ATO Gold Mine . ATO Phase 2 Expansion Highlights: US$150 million fully funded to finance the Phase 2 Expansion of the ATO Gold Mine. Initial [...]
Steppe Gold Ltd. is pleased to announce the successful completion of the previously announced plan of arrangement between Steppe and Anacortes Mining Corp. , whereby Steppe has acquired all of the issued and outstanding common shares of Anacortes , effective June 28, 2023. Under the terms of the Arrangement, Anacortes shareholders are entitled to [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce that the shareholders of Anacortes approved the previously announced acquisition by Steppe Gold of all of the issued and outstanding common shares of Anacortes by way of a court-approved plan of arrangement under the Business Corporations Act at a special meeting of Anacortes [...]
Steppe Gold Ltd. is pleased to announce that, subject to regulatory approval, Byambatseren Tsogbadrakh will assume the role of President. Mr Bataa Tumur-Ochir will resign as President of the Company and will remain as Chairman and Chief Executive Officer of the Company. Ms Byambatseren Tsogbadrakh is a founding member of the Steppe Gold team and [...]
Steppe Gold Ltd. is pleased to announce that the chief executive officer of the Company , Mr Bataa Tumur-Ochir will also assume the role of Chairman, effective immediately. Mr Bataa Tumur-Ochir is a founding Director of Steppe Gold and he has led the Company as CEO since December 2019. He is also now the largest shareholder of the Company, on a [...]
Steppe Gold Ltd. is pleased to announce its financial results for the the quarter ended March 31, 2023. HIGHLIGHTS First Quarter Highlights Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19 respectively. Production in the quarter [...]
Steppe Gold Ltd. , is pleased to announce that it has successfully completed a non-brokered private placement , raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce they have entered into an arrangement agreement pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes by way of a court-approved plan of arrangement under the Business Corporations Act , in an all share transaction . Under the terms [...]