Steppe Gold Announces Q1 2022 Financial Results
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 16, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the three months ended March 31, 2022, following recent positive operational updates. First Quarter Highlights (all figures in US$000's unless stated otherwise) Revenue for the three months ended March 31, 2022, was $5,457 on sales of 2,893 gold ounces and 248 silver ounces with average realized...
2022-05-16 8:45 AM EDT
Steppe Gold Announces Operations Update for April
Ulaanbaatar, Mongolia--(Newsfile Corp. - May 4, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is extremely pleased to provide an operations update for April 2022. Steppe Gold continues its ramp up of production following the recent restart in March and can report that gold production in 2 pours in April totalled approximately 3,350 oz (March 2022, 1,532 oz). Reagent shipments continued uninterrupted in April and the process of restocking...
2022-05-04 12:21 PM EDT
Steppe Gold Discovers Multiple High Grade Zinc Zones Below ATO Gold Deposits
Ulaanbaatar, Mongolia--(Newsfile Corp. - April 25, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is extremely pleased to announce the following exploration drilling update at its 100%-owned Altan Tsagaan Ovoo ("ATO") project. While we continue to ramp up production of gold and silver from the oxide ores at ATO, the Company maintained exploration activity in late 2021, focused on extensional and step-out targets. Results are now available,...
2022-04-25 7:26 AM EDT
Steppe Gold Announces Maiden Gold Pour and Sale as Ramp-Up and Inventory Build-Up Continues
Ulaanbaatar, Mongolia--(Newsfile Corp. - April 6, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is extremely pleased to provide an operations update. Following the March 1 announcement regarding the resumption of production, Steppe Gold has completed its first gold pour and the subsequent sale was concluded in late March. The gold pour was 1,532 ounces of gold with gross proceeds of US$2.93m. Going forward, Steppe looks forward to regularly...
2022-04-06 7:29 AM EDT
Steppe Gold Announces Resumption of Gold and Silver Production
Ulaanbaatar, Mongolia--(Newsfile Corp. - March 1, 2022) - Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is extremely pleased to announce that it has received a new shipment of key reagents and has now resumed full production. Throughout 2021, Steppe Gold faced significant reagent supply issues related to COVID lockdowns and border closures, notably with China. Having explored numerous supply alternatives, the Company has now secured new supplies...
2022-03-01 9:23 AM EST
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...
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 leach...
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...
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,...
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...
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 of 1,000t/hr, more than...
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. 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 Indicated Resources ("M&I") to 41.6...
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...
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...
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")...
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 Directors Detailed 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 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 drilling at the ATO1, ATO4 Deposits...
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 are seeing the strong cash flow...
2020-08-17 7:30 AM EDT