Exploration Projects
Uudam Khundii (UK)
Exploration Project
Quick Facts
Ownership:
20/80 JV with Local Government
Location​:
Bayankhongor Province, Mongolia
Status:
Exploration
Commodity:
Gold
Steppe Gold owns 80% of the Uudam Khundii (UK) project, covering 14,400 hectares in a highly prospective gold district of Bayankhongor Province, Mongolia.
Initial results from 18 trenches for 933 meters at the Milky Way Prospect and the Altan Soum Prospect had highlighted a mineralized system of at least 700 meters in length and up to 12 meters wide with individual meter sampling results up to 1.49 g/t gold, 450 g/t silver, 2.98% copper, 3.98% lead and 0.31% zinc.
The project area is located in Bayankhongor Province in Mongolia, 800 km south-west of Ulaanbaatar.
Exclusive Rights
Steppe Gold owns 80% of 14,400 hectares with the provincial government of Bayankhongor.
Highly Perspective area
Adjoining licenses held by Erdene Resource (ERD) have discovered high grade gold silver mineralized zones trending on to Steppe’s licenses.
Further Acquisitions
The Company is currently assessing over 200,000 hectares of exploration licenses in Western Mongolia for further acquisitions.
