Steppe Gold Ltd. is extremely pleased to provide an update on its production ramp up at its 100% owned ATO Gold Mine in Mongolia. The Company made its first gold sales starting on April 23 and gold and silver is being produced and sold every 14 days. To date, the Company has now sold a total of 15,389 oz of gold and 4,978 oz of silver, in six [...]
Steppe Gold Ltd. announces certain updates in respect of its 2020 annual meeting of shareholders . In response to the unprecedented public health impact of COVID-19, and to mitigate risks to the health and safety of its shareholders, employees and local communities, the Company is deferring the Meeting to September 22, 2020. The Company is relying [...]
June 16 2020 - The Newswire - Calgary, AB - Steppe Gold Ltd. will be presenting LIVE tomorrow at 2:15 MDT as part of TakeStock LIVE's weekly Mini Webinar Series. Click here to Attend or Bookmark Each Weekly Wednesday Webinar starts 15 minutes after market close and features three corporate managers explaining their near-term goals and objectives in [...]
Steppe Gold Ltd. is extremely pleased to announce its financial results for the quarter ended March 31, 2020. The Company announces that the Company's interim consolidated financial results for the first fiscal quarter ended March 31, 2020 have been filed on SEDAR. The full version of the Condensed Interim Consolidated Financial Statements and [...]
Steppe Gold Ltd. is extremely pleased to provide an update on ore processing at its 100% owned ATO Gold Mine in Mongolia. Further to the March 25 announcement of the commencement of ore processing, the Company announces that it has now commenced gold and silver sales. To date the Company has sold a total of 5,233 oz of gold and 1,372 oz of silver [...]
Steppe Gold Ltd. is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia. The Company has now mined, crushed and stacked approximately 533,000t of gold ore at a grade of 2.0g/t gold on Cell1 of the leach pad where leaching has commenced. At an expected gold recovery rate of 70%, Steppe already [...]
Steppe Gold Ltd. is pleased to announce that it has now successfully closed the previously announced US$3M convertible debenture financing with the Mongolian National Strategic Investment Fund PIF SPV. The proceeds from the debenture financing will be primarily used towards commencing gold production at its ATO Gold Mine. As of today, the Company [...]
Steppe Gold Ltd. is extremely pleased and proud to be the first company to receive funding from the Mongolian National Investment Fund PIF SPV. The fund has subscribed for a 12% two-year secured convertible debenture of the Company in the principal amount of US$3 million . The Mongolian National Investment Fund PIF SPV aims to finance high return [...]
Steppe Gold Ltd. is pleased to announce that it plans to complete a private placement offering of approximately 2,222,222 common shares of the Company at a price of C$0.90 per Common Share for aggregate gross proceeds of C$2,000,000 . The gross proceeds from the Offering will be used for further exploration and development of the Company's mineral [...]
Steppe Gold Ltd. is extremely pleased to announce that the ATO Gold Mine is fully permitted and gold production is commencing. The Company has now mined, crushed and stacked approximately 300,000t of ore at a grade of 2.13g/t gold on the leach pad. The company’s mining, crushing and stacking program is ongoing. Full year production for 2020 is now [...]
Mongolia Inc Limited LLC. , a private corporation incorporated in Mongolia and controlled by Bataa Tumur-Ochir, a director and officer of Steppe Gold Ltd. , announces that on October 28, 2019 it purchased US$2.5 million principal amount of 10% two-year unsecured debentures from Chinggis Khaan Bank . The US$2.5m principal amount of Debentures is [...]
Steppe Gold Ltd. is pleased to announce that it has entered into an agreement to amend the terms of its existing gold stream with Triple Flag Mining Finance Bermuda Ltd. . Under the terms of the amendment Triple Flag Bermuda advanced an additional deposit of US$5 million to Steppe Gold, bringing the total amount advanced to Steppe Gold by Triple [...]