Steppe Gold Ltd. is extremely pleased to announce three important milestones in its ongoing plan to create a new, multi-million ounce exploration potential, gold district in Bayankhongor province. Steppe Gold acquired the highly prospective Uudam Khundii gold project in 2017, in partnership with the Province of Bayankhongor, and has been conducting [...]
This document corrects and replaces in its entirety the previous release that was issued by Steppe Gold Ltd. earlier today, where it should have read, "The Triple Flag Gold Prepay Facility will be repaid over 6 months starting December 23, 2022 by six monthly deliveries of 500 oz of gold for a total of 3,000 oz." instead of "December 23, 2023." The [...]
Steppe Gold Ltd. is pleased to announce that it has entered into an agreement with Triple Flag International Ltd for a short-term gold prepay facility . One of the consequences of the zero covid policy in China and the attendant China/Mongolia border closures has been a shortage of available US dollars with banks in Mongolia. Steppe Gold sales [...]
Steppe Gold Ltd. is extremely pleased to report two major milestones on its Phase 2 Expansion at the ATO Gold Mine. Highlights: Power Update - Approval has been received from government agencies to provide grid power to the ATO Phase 2 Expansion. This landmark agreement will drive significant energy savings and will be a key infrastructure benefit [...]
Steppe Gold Ltd. is pleased to announce its financial results for the three months ended June 30, 2022. Second Quarter Highlights Revenue for the three months ended June 30, 2022, was $17,237 on sales of 8,907 gold ounces and 717 silver ounces with average realized prices per ounce of $1,933 and $22 respectively. Operating income from mine [...]
Steppe Gold Ltd. is pleased to report the results of its 2022 Annual General and Special Meeting of Shareholders held on June 30, 2022 in Ulaanbaatar, Mongolia. A total of 35,544,144 common shares were voted at the meeting representing 51.10% of the votes attached to all outstanding shares. Election of Directors Detailed results from the election [...]
Steppe Gold Ltd. announces that, as a result of a review by Staff of the Ontario Securities Commission, the Company is issuing the following news release to clarify the disclosure regarding the certificates and applicable consents of qualified persons related to each of David Morgan, Dan V. Michaelsen and Ochirkhuyag Baatar in connection with the [...]
Steppe Gold Ltd. is pleased to provide a further operations update. With one more pour to come on June 30, gold production for the month is expected to be around 3,200 oz, bringing total production for the second quarter to approximately 10,400 oz. The Mongolian government is currently paying a 5% premium for gold and this will ensure an [...]
Steppe Gold Ltd. is extremely pleased to provide an operations update for May 2022. May gold production showed a continued ramp up from April with another two gold pours in May for a total of approximately 3,800 oz Au . The Company is also pleased to confirm it has received three reagent shipments in May as it seeks to build the reagent [...]
Steppe Gold Ltd. is pleased to announce its financial results for the three months ended March 31, 2022, following recent positive operational updates. First Quarter Highlights Revenue for the three months ended March 31, 2022, was $5,457 on sales of 2,893 gold ounces and 248 silver ounces with average realized prices per ounce of $1,850 and $24 [...]
Steppe Gold Ltd. is extremely pleased to provide an operations update for April 2022. Steppe Gold continues its ramp up of production following the recent restart in March and can report that gold production in 2 pours in April totalled approximately 3,350 oz . Reagent shipments continued uninterrupted in April and the process of restocking the [...]
Steppe Gold Ltd. is extremely pleased to announce the following exploration drilling update at its 100%-owned Altan Tsagaan Ovoo project. While we continue to ramp up production of gold and silver from the oxide ores at ATO, the Company maintained exploration activity in late 2021, focused on extensional and step-out targets. Results are now [...]