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Ellis Martin Report: Steppe Gold’s 28% Increase in #Gold Production



In this recent podcast episode, our EVP, Aneel Waraich, reviews recent increases in gold production at Steppe Gold’s ATO Gold Mine. He and Ellis Martin also discuss a broad look at the gold market and the equities.

Gold production in the third quarter was approximately 13,300 oz, up 28% from the second quarter where the Company produced 10,400 oz. Steppe’s team has continued with its regular pour schedule, twice per month. Ongoing deliveries to MongolBank attract a 5% premium to the LME Spot price.

Listen to this segment of The Ellis Martin Report to learn more about a demonstrated explorer, developer and #gold producer in #Mongolia employing approximately 250 individuals locally, and with production costs all in at about $750-800 per ounce.

Visit our website to learn more:

#mining #investing

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