Steppe Gold Ltd.

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 drilling at the ATO1, ATO4 Deposits and the Mungu Discovery. The aim of the [...]

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 for, we are seeing the strong cash flow generation of this first phase of [...]

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 C$15,000,429. Each unit is comprised of one common share of the company and [...]

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 currently underway at the ATO Gold Mine, the Company has retained technical and [...]

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 Deposit which is currently being mined by Steppe Gold. All three rigs are now [...]

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 , consisting of one common share and one common share purchase warrant [...]

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 separate deliveries. This has generated net cash flow, after royalty payments [...]

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 on the exemption provided in the Ontario Instrument 51-504 - Temporary [...]

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 6 minute presentations, followed by a moderated panel discussion and [...]

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 Management's Discussion & Analysis can be viewed on the Company's website at [...]