Steppe Gold Ltd. is pleased to announce an updated independent Mineral Resource Estimate at its 100% owned ATO Gold Mine. This estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021. HIGHLIGHTS Resources at the ATO Gold Mine have doubled to 2.45 M oz of Au Eq, up from 1.22M oz Au Eq Increased ATO Measured and [...]
Steppe Gold Ltd. is extremely pleased to announce its plans for a secondary listing of its common shares on the Mongolian Stock Exchange . The Company has retained Ard Securities as its lead advisor and underwriter in connection with the proposed listing. It plans to complete the listing in conjunction with a placement of shares to Mongolian [...]
Matthew Wood, Executive Chairman, Steppe Gold Ltd. , shares his company's story in aninterview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business [...]
Steppe Gold Ltd. is pleased to announce its financial results for the third quarter ended September 30, 2020. The Company's interim consolidated financial results for the third fiscal quarter ended September 30, 2020 have been filed on SEDAR. The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion [...]
Steppe Gold Ltd. is extremely pleased to announce that it has secured an initial tranche of project financing for its Expansion Project at the ATO Gold Mine with the intention of increasing gold production to 150,000 oz equivalent per annum. The Gold-2 Program financing, facilitated through the Central Bank of Mongolia, was provided by the Trade [...]
Steppe Gold Ltd. is pleased to report the results of its 2020 Annual General Meeting of Shareholders held on September 22, 2020 in Ulaanbaatar, Mongolia. Election of Directors Detailed results from the election of directors are set out below: Nominee Votes For % For Votes Withheld % Withheld Batjargal Zamba 22,465,025 81.83% 4,986,875 18.17 [...]
Steppe Gold Ltd. is pleased to provide an update on the exploration drilling and trenching programs at the ATO Gold Mine and Uudam Khundii Gold Project. ATO GOLD MINE Steppe Gold currently has three diamond core drilling rigs operating at the ATO Gold project on a 24hr basis. The drilling rigs are undertaking a program of infill and extensional [...]
Steppe Gold Ltd. is extremely pleased to announce its financial results for the second quarter ended June 30, 2020. Steppe Gold CEO, Mr Bataa Tumur-Ochir commented "We are pleased to report a very strong first quarter of production at the ATO Gold Mine. With cash costs under $600 in this ramp up phase, and over 1m tonnes of ore now mined and paid [...]
Steppe Gold Ltd. is pleased to announce that the previously announced C$15 million investment in the Company by Mr. Eric Sprott has been completed. Mr. Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired a total of 6,976,944 units of the Company at a price of C$2.15 per unit for gross proceeds to the Company of [...]
Steppe Gold Ltd. is very pleased to provide an update on the Bankable Feasibility Study underway for the expansion of the ATO Gold Mine into fresh rock ores with a planned production profile of approximately 150,000oz gold equivalent per year and an estimated ten year mine life. In parallel with the company's aggressive exploration program [...]
Steppe Gold Ltd. is very pleased to provide an update on the commencement of exploration drilling and trenching programs at the ATO Gold Mine and Uudam Khundii Gold Project. ATO GOLD MINE Three diamond core drilling rigs have commenced operations at the ATO Gold Mine. Recent drilling has been focused on high grade depth extensions under the ATO1 [...]
Steppe Gold Ltd. is pleased to announce a non-brokered private placement of approximately C$15.0 million , through the sale of 6,976,944 subscription receipts at a price of $2.15 per Subscription Receipt, subject to the approval of the Toronto Stock Exchange and, if required, shareholder approval. Each Subscription Receipt will convert into units [...]