Recently, we shared our significant news with @Proactive247, about the successful completion of an updated preliminary economic assessment for the Tres Cruces Oxide Gold Project situated in #Peru. This project is strategically located within a highly promising geological belt that has already yielded notable mining successes, such as the Lagunas Norte and La Arena mines.

The Tres Cruces deposit boasts a substantial resource, combining oxide and sulphide categories, with an indicated resource of 2,474,000 ounces of gold at a grade of 1.65 g/t. Notably, within this resource, 630,000 ounces are attributed to leachable gold oxide mineralization, with a grade of 1.28 g/t.
Intriguingly, infill drilling conducted in 2022 validated the continuity of mineralization within the deposit. Metallurgical tests further confirmed the project's viability, with average gold recoveries of 82%, validating the design assumptions. Even when considering a gold price of $1700 per ounce, the after-tax net present value of the project stands at an impressive $158 million, accompanied by a robust internal rate of return of 30.9%.

Despite challenges posed by inflation-related cost increases, the project's economic strength remains substantial, suggesting significant potential for growth. Steppe Gold's dedicated team continues to systematically advance the oxide project, with a notable exploration potential still open at deeper levels.

These positive results underscore the soundness of Steppe Gold's approach to resource development, as well as its capacity to navigate market dynamics and deliver strong financial outcomes. The Tres Cruces Oxide Gold Project stands as a testament to the company's commitment to unlocking the potential of valuable mineral resources while maintaining economic resilience and sustainability.

Learn more: steppegold.com
#mining #investing #PreciousMetals #Mongolia

Steppe Gold: Q2 Financial Results is out now. With the ATO Phase 2 Expansion financing secured, we are now advancing our exploration and development programs in Mongolia. Find out more in the video.

Steppe Gold has been committed to social responsibility to ensure our mines and communities are sustainable and profitable for many years to come. Find out more in the video!

In our latest interview with the Crux Investor, tune in to hear what our latest announcements: fully-funded Phase 2 Expansion, acquisition of Anacortes Mining & Q2 Operations Updates mean for the Steppe Gold growth story!

Learn more: steppegold.com
#mining #investing #mongolia

Steppe Gold’s Q2 update highlights the latest updates of Phase 2 Expansion of ATO Gold Mine, backed by secured funding, along with more exciting expansion plans in Mongolia.
Find out all the details in the video!
#STGO #GrowthStrategy #Mongolia #PreciousMetals #Mining

In this Korelin Economics (KE Report) podcast episode, Aneel Waraich, our EVP & Director outlined the key company milestone with debt funding package now in place for the Phase 2 expansion, and reviewed the Q2 operations update at our producing (AT0) Altan Tsagaan Ovoo #gold Mine in #Mongolia.

Tune in to this segment to hear more about our growth potential, with rapid progress on Phase 2 Expansion plans, as the opportunity to expand mine life for both Phase 1 and Phase 2, as well as the derisking of the newly-acquired Tres Cruces' Gold Project in #Peru.

Learn more: steppegold.com

We’re thrilled to announce that Steppe Gold has successfully secured $150 million for the ATO Phase 2 Expansion!
Our team is committed to unlocking the mine’s full potential sustainably, creating lasting value for all stakeholders.

In this interview with Proactive Investors, Aneel Waraich, our EVP & Director shares details on a significant development for Steppe. We've signed a binding term sheet, securing up to $150 million in financing to fully fund the construction and completion of the Phase 2 Expansion at the ATO Gold Mine.

The financing will be provided in multiple stages, with an initial $50 million loan designated for ordering equipment and long lead items. The payback period for the financing will commence upon the completion of the Phase 2 Expansion, coinciding with the first concentrate production and sales from Phase 2, which are expected to occur in 2025.

Steppe anticipates generating total gross revenue of $2.2 billion over the next 14 years, encompassing both the current oxide phase and the Phase 2 Expansion. This financing agreement ensures the company's financial stability and positions them for continued growth and success in the gold mining industry.

This project will create ~ 300 new jobs during the construction and operation phases, and has received full support from local communities and all stakeholders, fostering a collaborative and sustainable approach.

Learn more: steppegold.com
#mining #investing #Mongolia #gold

At THE Mining Event of the North, in Quebec City, our EVP & Director Aneel Waraich shared insights into #STGO's vision and culture. In this compelling interview, learn about our strategic initiatives, innovative projects, and the future prospects for Steppe Gold. Discover our commitment to responsible #mining practices, community engagement, and sustainable development.

Don't miss this opportunity to gain a deeper understanding of one of the leading players in the mining sector!

Learn more: https://steppegold.com/

THE Event is Canada’s Only invitation-only Tier I Conference for Mining Companies, accredited investors, institutions, and funds. THE Event will showcase the best of Canadian mining to a global audience and will feature a mix of exploration, development, royalty companies, and producers representing all commodities.
#investing #gold #Mongolia #Peru

The Steppe team is extremely excited to have completed the acquisition of Anacortes Mining! We've expanded our footprint into Peru with the 100%-owned Tres Cruces project, as we continue to grow as a multi-asset, multi-jurisdictional #gold producer!

Check out this video to find out why #STGO is so excited about this announcement.

Learn more: steppegold.com
#Mongolia #mining #investing

Our EVP, Aneel Waraich, recently had the opportunity to speak with the @KitcoMining team.

Tune in to this interview to learn why @SteppeGoldLtd still has a lot of room to grow!

0:20 - Thumbnail Steppe Gold.
1:10 - What's Steppe Gold's production profile?
5:10 - Mining in Mongolia.
7:05 - Infrastructure near project.
8:48 - Community around Steppe Gold's mine.
10:25 - Leadership at Steppe Gold.
14:30 - Triple Flag Precious Metals and Steppe Gold.

Learn more: steppegold.com
#gold #mining #investing #Peru #Mongolia

STGO is a gold producer in Mongolia, with a new significant footprint in Latin America’s Peru.

In this latest segment on the Ellis Martin Report, learn more about our company's acquisition, the recent completion of a $12.1M upsized private placement with participation by Eric Sprott and Steppe Gold’s management, and how Steppe Gold is staying ahead of the game in a constricted junior #mining market.

@opportunityshow #investing

Steppe Gold Ltd recently released the company's Q1 2023 financial results. Check out this video for details on the results, as well as Steppe's 2023 outlook.

Learn more: steppegold.com
#gold #mining #investing #Peru #Mongolia

Steppe Gold Ltd has signed a definitive agreement to acquire Anacortes Mining in an all-share transaction deal.

This strategic move will propel Steppe Gold towards becoming a leading junior #gold producer with significant near-term growth potential in the most promising #mining regions, #Mongolia and Peru.

Learn more about why Steppe's team is so excited about this announcement, in this video.

#STGO #AnacortesMining #Investing

The Steppe team is very excited to have completed its upsized $12.1M placement, with significant participation from Eric Sprott and STGO management, which will be used towards our Phase 2 Expansion at ATO.

Learn more: steppegold.com
#gold #mining #investing

Steppe Gold had the honour of a special #OTCQX welcome from the @OTCMarketsGroup, in joining them for the market opening on May 8, 2023!

Learn more: steppegold.com

We shared news of signing the arrangement agreement to acquire Anacortes Mining, and our EVP joined Natalie Stoberman from the @Proactive247 studios to share details of the agreement and the exciting Tres Cruces gold project in #Peru.

The acquisition of Anacortes Mining, which is expected to close in June, gives Steppe the opportunity to diversify and double the size of the company. The all-share transaction also allows Anacortes' shareholders to capture value on recovery and the re-rate as a multi-asset, multi-jurisdiction producer.

#proactiveinvestors #STGO #XYZ #gold #GoldMining #Mongolia #Peru #Acquisition #Expansion #Shareholders #invest #investing #stockmarket #stocks #gold

Our team had the opportunity to participate in the long-awaited #Singapore #Mining Club's Gold Rush Event, earlier this month.

Check our our #investor presentation at 07:16!

Learn more: https://steppegold.com/

2022 was an exciting year for the Steppe Team, with a strong surge in gold production and revenue, as well as moving forward with the Phase 2 Expansion plans at our ATO #Gold Mine in #Mongolia.

Learn more in this video, and at: steppegold.com

At #PDAC 2023, NAI Interactive sat down with Steppe's EVP, to talk about the growth potential of our ATO #gold and silver project.

Aneel Waraich shared how ESG factors are being integrated into STGO's operations. In addition, he discussed the significance of Steppe’s plans to pursue a dual listing of common shares in Hong Kong, and shared some upcoming milestones that you would not want to miss out on! Watch now for more details!

Learn more: https://steppegold.com/

在2023年的PDAC大會上，Steppe Gold Limited (STGO.TO)的執行副總裁兼董事Aneel Wariach先生向我們分享了該公司ATO黃金和白銀項目的增長潛能。此外，Aneel還闡述了該公司是如何將 ESG 三大要點（環境保護，社會責任及公司管治）應用於公司運營中的。同時他也談論到Steppe Gold今年在香港雙重上市這一計劃的重要性。最後Aneel 還向投資者分享了公司即將到來的里程碑！精彩內容盡在本期CEO採訪！

Steppe Gold 是蒙古首屈一指的貴金屬公司，預計在 2022 年和 2023 年從 ATO 金礦目前運營的氧化物區生產超過 100,000 盎司黃金。該公司還完成了從底層岩礦石的開發來將 ATO 金礦擴建至每年約 100,000 盎司的可行性研究。

欲了解公司詳情，請訪問：https://steppegold.com/

Check out the latest podcast conversation with Ellis Martin and Steppe's EVP & Co-Founder, Aneel Waraich.

In this segment, you'll hear an update on our company's ATO Gold Mine in Mongolia, as well as the significant news establishing a strong #gold footprint in #Peru!

Learn more: steppegold.com