Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce the extension of the parties' binding letter of intent dated March 6, 2023 , pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Anacortes by way of a court approved plan of arrangement [...]
Steppe Gold Ltd. , is pleased to announce a non-brokered private placement of approximately $9,000,000 , through the sale of common shares of the Company at a price of $1.10 per Common Share. The proceeds of the Private Placement will be used to accelerate the Phase 2 Expansion currently underway, to fund ongoing exploration as well as to support [...]
Steppe Gold Ltd. is pleased to announce its financial results for the year ended December 31, 2022. HIGHLIGHTS Year Ended December 31, 2022 Highlights Revenue for the year ended December 31, 2022, was $62,366 on sales of 33,681 gold ounces and 38,740 silver ounces with average realized prices per ounce of $1,818 and $20 respectively . Operating [...]
Steppe Gold Ltd. is delighted to share its feature segment on the Viewpoint Project, hosted by Dennis Quaid, in its mission to educate US investors on the Steppe story. As Mongolia's leading gold producer, and after a year of expansion and growth, including the recent binding agreement to acquire Anacortes Mining, Steppe Gold Ltd. is always looking [...]
Steppe Gold Ltd. today announces the filing of a technical report regarding its 100% owned Altan Tsagaan Ovoo Project located in Mongolia. The Technical Report titled "Altan Tsagaan Ovoo Project 2022 Mineral Resources & Reserves Report " has been prepared by Xenith Consulting Pty Ltd and GeoRes. The Technical Report is available under the Company's [...]
Steppe Gold Ltd. and Anacortes Mining Corp. are pleased to announce that they have entered into a binding letter of intent pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Anacortes by way of a court approved plan of arrangement under the Business [...]
Steppe Gold Ltd. is pleased to announce that it plans to pursue a dual primary listing of its common shares on the Main Board of the Stock Exchange of Hong Kong Limited , the premier listing venue for Asia-based companies, anticipated to occur later in 2023. The Company believes that a listing of its common shares on the HKEx will assist with [...]
Steppe Gold Ltd. is pleased to announce an updated life of mine for the 100% owned ATO Gold Project in Mongolia, comprising a further 1.5 years at the fresh rock expansion , for a 12 year aggregate mine life. The results reinforce the Company's current Phase 2 Expansion plans with construction already underway, and existing permitting and [...]
Steppe Gold's executive vice-president Aneel Waraich joined Proactive to share news about the company's operational update for the fourth quarter. Waraich said that gold production was 5,600 ounces in the fourth quarter for a total of 33,500 ounces in 2022. The company mined 958,288 tonnes, while 922,051 tonnes were crushed and stacked in the [...]
Steppe Gold Ltd. is pleased to provide an operations update for the final quarter of 2022. Gold production was 5,600 oz in the fourth quarter for a total of 33,500 oz for 2022 Mined 958,288 tonnes and 922,051 tonnes crushed and stacked in the year ended 2022 Strong reagent supplies at the year end and new supply routes functioning well At December [...]
Steppe Gold Ltd. is pleased to announce its financial results for the three and nine months ended September 30, 2022. Three and Nine months ended September 30, 2022 - Highlights Revenue for the three and nine months ended September 30, 2022, was $21,710,000 and $44,404,000 on sales of 11,709 and 23,510 gold ounces respectively. Average realized [...]
Steppe Gold Ltd. is pleased to provide an operations update for the third quarter. Gold production was approximately 13,300 oz, up 28% from second quarter Mined 266,292 tonnes and 230,399 tonnes crushed and stacked in third quarter At September 30, total estimated recoverable gold in inventory is 71,000 ounces Gold production in the third quarter [...]