Steppe Gold Files Updated Preliminary Economic Assessment for the Tres Cruces Oxide Gold Project
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 22, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce the filing of an updated preliminary economic assessment (the "Technical Report") regarding its 100% owned Tres Cruces Oxide Gold Project located in Peru ("Tres Cruces"). Chairman and CEO of Steppe Gold, Bataa Tumur-Ochir commented, "We are delighted to announce this updated technical study for the Tres Cruces project. Tres...
2023-08-22 11:46 AM EDT
Steppe Gold Announces Second Quarter 2023 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 14, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the the second quarter ended June 30, 2023. HIGHLIGHTS Second Quarter Highlights (all figures, except per unit amounts, in US$000's unless stated otherwise) Revenue for the three and six months ended June 30, 2023, was $14,272 and $23,797 on gold sales of 6,880 ounces and 11,888 ounces with average...
2023-08-14 8:57 AM EDT
Steppe Gold Provides Second-Quarter Corporate Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 17, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an operations update following the conclusion of the second quarter. Highlights: Phase 2 Expansion financing announced and first funds available in July. EPC arrangements in the final stages and announcement planned by end July. Q2 production at 6,663 oz and targeting guidance of 25-30,000 oz for the full year. Exploration...
2023-07-17 8:25 AM EDT
Steppe Gold Signs Binding Term Sheet for US$150 Million to Fully Fund the Phase 2 Expansion at the ATO Gold Mine
Ulaanbaatar, Mongolia--(Newsfile Corp. - July 11, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is very pleased to announce it has signed a binding term sheet (the "Term Sheet") to provide up to US$150 million in financing to fully fund the construction and completion of the Phase 2 Expansion at the ATO Gold Mine (the "Phase 2 Expansion"). ATO Phase 2 Expansion Highlights: US$150 million fully funded to finance the Phase 2 Expansion of the ATO...
2023-07-11 8:16 AM EDT
Steppe Gold Ltd. Completes Acquisition of Growth-Oriented Mining Company, Anacortes Mining Corp.
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 29, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (the "Company" or "Steppe") is pleased to announce the successful completion of the previously announced plan of arrangement (the "Arrangement") between Steppe and Anacortes Mining Corp. ("Anacortes"), whereby Steppe has acquired all of the issued and outstanding common shares of Anacortes (the "Anacortes Common Shares"), effective June 28, 2023. Under the terms of the Arrangement,...
2023-06-29 7:15 AM EDT
Steppe Gold Announces Anacortes Mining Shareholders Approve Plan of Arrangement
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 19, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes", together with Steppe Gold, the "Companies") are pleased to announce that the shareholders of Anacortes (the "Anacortes Shareholders") approved the previously announced acquisition by Steppe Gold of all of the issued and outstanding common shares of Anacortes (each, an "Anacortes Share") by way of a...
2023-06-19 6:54 PM EDT
Steppe Gold Announces New President
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 14, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that, subject to regulatory approval, Byambatseren Tsogbadrakh will assume the role of President. Mr Bataa Tumur-Ochir will resign as President of the Company and will remain as Chairman and Chief Executive Officer of the Company. Ms Byambatseren Tsogbadrakh is a founding member of the Steppe Gold team and she has held...
2023-06-14 8:45 AM EDT
Steppe Gold Announces New Chairman
Ulaanbaatar, Mongolia--(Newsfile Corp. - June 5, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that the chief executive officer of the Company (the "CEO"), Mr Bataa Tumur-Ochir will also assume the role of Chairman, effective immediately. Mr Bataa Tumur-Ochir is a founding Director of Steppe Gold and he has led the Company as CEO since December 2019. He is also now the largest shareholder of the Company, on a partially...
2023-06-05 8:30 AM EDT
Steppe Gold Announces Q1 2023 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 15, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the the quarter ended March 31, 2023. HIGHLIGHTS First Quarter Highlights (all figures in US$000's unless stated otherwise) Revenue for the three months ended March 31, 2023, was $9,525 on sales of 5,008 gold ounces and 651 silver ounces with average realized prices per ounce of $1,899 and $19...
2023-05-15 4:15 PM EDT
Steppe Gold Completes $12.1M Upsized Private Placement, with Participation by Eric Sprott and Steppe Gold's Management
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 11, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (the "Company"), is pleased to announce that it has successfully completed a non-brokered private placement (the "Private Placement"), raising a total of $12.1 million, which was upsized from the original estimate of $9 million. The private placement included participation from the Company's management and 2176423 Ontario, a company beneficially owned by Eric Sprott. Under the Private...
2023-05-11 6:45 AM EDT
Steppe Gold Ltd. Signs Arrangement Agreement to Acquire Anacortes Mining Corp. and Creates a Leading Diversified Precious Metals Producer
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 8, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes") are pleased to announce they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes (the "Anacortes Common Shares") by way of a court-approved plan of arrangement under the...
2023-05-08 10:31 AM EDT
Steppe Gold Ltd. Signs Arrangement Agreement to Acquire Anacortes Mining Corp. and Creates a Leading Diversified Precious Metals Producer
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 8, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes") are pleased to announce they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares of Anacortes (the "Anacortes Common Shares") by way of a court-approved plan of arrangement under the...
2023-05-08 8:30 AM EDT
Steppe Gold Ltd. and Anacortes Mining Corp. Announce Extension of Binding Agreement
Ulaanbaatar, Mongolia--(Newsfile Corp. - April 18, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes") are pleased to announce the extension (the "Extension Letter Agreement") of the parties' binding letter of intent dated March 6, 2023 (the "Binding Agreement"), pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common...
2023-04-18 6:53 PM EDT
Steppe Gold Ltd. Announces Private Placement
Ulaanbaatar, Mongolia--(Newsfile Corp. - April 6, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) ("Steppe Gold" or the "Company"), is pleased to announce a non-brokered private placement of approximately $9,000,000 (the "Private Placement"), through the sale of common shares of the Company (the "Common Shares") at a price of $1.10 per Common Share. The proceeds of the Private Placement will be used to accelerate the Phase 2 Expansion currently underway, to fund ongoing exploration as...
2023-04-06 8:20 AM EDT
Steppe Gold Featured on Viewpoint Project, Hosted by Dennis Quaid
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 14, 2023) - Steppe Gold Limited (OTCQX: STPGF) (TSX: STGO) is delighted to share its feature segment on the Viewpoint Project, hosted by Dennis Quaid, in its mission to educate US investors on the Steppe story. As Mongolia's leading gold producer, and after a year of expansion and growth, including the recent binding agreement to acquire Anacortes Mining, Steppe Gold Ltd is always looking for new ways to share its remarkable story with investors...
2023-03-14 10:32 AM EDT
Steppe Gold Ltd to Acquire Anacortes Mining Corp to Create a Leading Diversified Precious Metals Producer
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 6, 2023) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") and Anacortes Mining Corp. (TSXV: XYZ) (OTCQX: XYZFF) ("Anacortes") are pleased to announce that they have entered into a binding letter of intent (the "Binding Agreement") pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares (the "Anacortes Common Shares") of Anacortes by...
2023-03-06 7:48 AM EST
Steppe Gold Announces Plans to Pursue Dual Listing of Common Shares in Hong Kong
Ulaanbaatar, Mongolia--(Newsfile Corp. - February 22, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce that it plans to pursue a dual primary listing of its common shares on the Main Board of the Stock Exchange of Hong Kong Limited ("HKEx"), the premier listing venue for Asia-based companies, anticipated to occur later in 2023. The Company believes that a listing of its common shares on the HKEx will assist with...
2023-02-22 6:00 AM EST
Steppe Gold Announces Updated LOM Plan for ATO Gold Mine to 2036 - Higher Revenues and Profits
Ulaanbaatar, Mongolia--(Newsfile Corp. - February 21, 2023) - Steppe Gold Ltd (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce an updated life of mine ("LOM") for the 100% owned ATO Gold Project in Mongolia, comprising a further 1.5 years at the fresh rock expansion ("Phase 2 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...
2023-02-21 6:00 AM EST
Steppe Gold Announces Fourth Quarter 2022 Operations Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - January 11, 2023) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide an operations update for the final quarter of 2022. Gold production was 7,150 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 31, 2022,...
2023-01-11 8:45 AM EST
Steppe Gold Announces Third Quarter Financial Results and October Production Update
Ulaanbaatar, Mongolia--(Newsfile Corp. - November 7, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FRA: 2J9) ("Steppe Gold" or the "Company") 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 (all figures in USD rounded unless stated otherwise) 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...
2022-11-07 8:45 AM EST