Steppe Gold Provides Third Quarter Update Inventory Build up Continues and Near-Term Catalysts
Ulaanbaatar, Mongolia--(Newsfile Corp. - October 12, 2021) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an update on its third quarter activities, including its operations at the ATO Gold Mine.Steppe Gold is pleased to provide the following updates on the ATO Gold Mine (all figures in USD unless stated):Mining and stacking on the heap leach phase at the ATO Gold Mine has continued in the third quarter uninterrupted. With...
2021-10-12 9:00 AM EDT
Steppe Gold Announces Q2 2021 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 17, 2021) - Further to the news release dated August 10, 2021, Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or "the Company") announces that it has filed on SEDAR its financial results for the quarter ended June 30, 2021.The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.steppegold.com or under the Company's profile on SEDAR at www.sedar.com....
2021-08-17 7:06 AM EDT
Steppe Gold Provides Corporate Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 10, 2021) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide a corporate update together with recent developments on its Phase 2 fresh rock expansion and its current operations at the ATO Gold Mine.Steppe Gold is pleased to provide the following updates on the ATO Gold Mine (all figures in USD unless stated):2021 has been an active year for mining and stacking on the heap...
2021-08-10 5:05 PM EDT
Steppe Gold to Participate in Fireside Chat with Alliance Global Partners on Thursday, June 3rd, 2021 at 10am EST
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 31, 2021) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) is pleased to share that Executive Vice President & Director, Aneel Waraich, and Senior Vice President & CFO, Jeremy South, will be participating in a virtual fireside chat hosted by Alliance Global Partners' Managing Director and Head of Metals and Mining Research, Jake Sekelsky on Thursday, June 3rd, 2021 at 10 am EST.As Asia's newest gold producer, the Steppe team is thrilled to share...
2021-05-31 10:00 AM EDT
Steppe Gold Pushing Ahead with Phase 2 Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 17, 2021) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended March 31, 2021. The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.steppegold.com or under the Company's profile on SEDAR at www.sedar.com. Amounts are expressed in United States dollars unless otherwise noted.Steppe Gold President and CEO,...
2021-05-17 7:00 AM EDT
Steppe Gold Files Technical Report for ATO Gold Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 31, 2021) - Steppe Gold Ltd (TSX: STGO) ("Steppe Gold" or the "Company") today announces the filing of a technical report (the "Technical Report") on its 100% owned Altan Tsagaan Ovoo Project located in Mongolia for the updated mineral resource estimate announced on February 24, 2021.The Technical Report titled "Altan Tsagaan Ovoo Project (ATO) 2021 Mineral Resources Technical Report (NI 43-101)" was authored for the Company by Robin A Rankin, MAusIMM CP(Geo), Principal Consulting Geologist...
2021-03-31 10:09 PM EDT
Steppe Gold Reports Strong Cash Flow in First Year of Production Pushing Ahead with Stage 2 Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 30, 2021) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the fourth quarter and year ended December 31, 2020.The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.steppegold.com or under the Company's profile on SEDAR at www.sedar.com. Amounts are expressed in United States dollars unless otherwise noted.Steppe Gold President...
2021-03-30 9:00 AM EDT
Steppe Gold Commences Procurement of Long Lead Capital Items to Kick Start Phase 2 Fresh Rock Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 24, 2021) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or the "Company") is pleased to provide an update on its Phase 2 fresh rock expansion.The Company has now commenced procurement of major capital items for the Phase 2 fresh rock expansion, targeting annual production of 150,000 oz Au Eq, at the 100%-owned ATO Gold Mine. The first major purchase is a new crushing plant. The new crusher will have a crushing capacity...
2021-03-24 7:00 AM EDT
Steppe Gold Doubles the ATO Gold Mine Resource to 2.45Moz Gold Equivalent
Ulaanbaatar, Mongolia--(Newsfile Corp. - February 24, 2021) - Steppe Gold Ltd (TSX: STGO) ("Steppe Gold" or the "Company") 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 ("BFS") due out in Q2 2021.HIGHLIGHTSResources 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 Indicated Resources...
2021-02-24 7:00 AM EST
Steppe Gold Announces a Plan to List on the Mongolian Stock Exchange
Ulaanbaatar, Mongolia--(Newsfile Corp. - December 14, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") is extremely pleased to announce its plans for a secondary listing of its common shares on the Mongolian Stock Exchange ("MSE"). 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 investors, subject to regulatory approvals, on or...
2020-12-14 7:00 AM EST
Steppe Gold Sees Continued Strong Cash Flow in Third Quarter
Ulaanbaatar, Mongolia--(Newsfile Corp. - November 16, 2020) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or the "Company") 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 & Analysis can be viewed on the Company's website at www.steppegold.com or under the...
2020-11-16 8:18 AM EST
Steppe Gold Secures Initial Tranche of Debt Funding for Phase 2 Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - September 29, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") 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 and Development Bank of Mongolia ("TDB") in the initial amount...
2020-09-29 7:30 AM EDT
Steppe Announces Results of Annual General Meeting of Shareholders
Ulaanbaatar, Mongolia--(Newsfile Corp. - September 22, 2020) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or "the Company") is pleased to report the results of its 2020 Annual General Meeting of Shareholders held on September 22, 2020 in Ulaanbaatar, Mongolia.Election of DirectorsDetailed results from the election of directors are set out below:NomineeVotes For% For
2020-09-22 9:28 PM EDT
Steppe Gold Provides Drilling and Exploration Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - September 15, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") is pleased to provide an update on the exploration drilling and trenching programs at the ATO Gold Mine and Uudam Khundii ("UK") Gold Project.ATO GOLD MINESteppe 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 drilling at the ATO1, ATO4 Deposits and...
2020-09-15 7:30 AM EDT
Steppe Gold Announces Strong Operating Cash Flow in Second Quarter Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 17, 2020) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or "the Company") 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 for, we...
2020-08-17 7:30 AM EDT
Steppe Gold Announces Completion of $15 Million Strategic Investment by Eric Sprott
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 6, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") 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 C$15,000,429. Each unit is comprised of...
2020-08-06 7:30 AM EDT
Steppe Gold Provides Update on ATO Gold Mine Expansion
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 29, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") is very pleased to provide an update on the Bankable Feasibility Study ("BFS") 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 currently underway at the ATO Gold Mine, the Company...
2020-07-29 7:30 AM EDT
Steppe Gold Commences Drilling Programs
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 21, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") is very pleased to provide an update on the commencement of exploration drilling and trenching programs at the ATO Gold Mine and Uudam Khundii ("UK") Gold Project.ATO GOLD MINEThree 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 Deposit which is currently being mined by...
2020-07-21 10:42 AM EDT
Steppe Gold Announces $15 Million Strategic Investment by Eric Sprott to Accelerate Growth
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 9, 2020) - Steppe Gold Ltd. (TSX: STGO) ("Steppe Gold" or the "Company") is pleased to announce a non-brokered private placement of approximately C$15.0 million (the "Private Placement"), through the sale of 6,976,944 subscription receipts (the "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 (the "Units"), consisting of one common share and...
2020-07-09 7:30 AM EDT
Production at ATO Gold Mine Passes 15,000 Oz Gold in First Three Months Commercial Production Achieved
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 6, 2020) - Steppe Gold Limited (TSX: STGO) ("Steppe Gold" or "the Company") 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...
2020-07-06 9:00 AM EDT