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 [...]
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 [...]