Assay TV catches up with Aneel Wairach, Executive Vice President and Director of Steppe Gold Ltd. (TSX: STGO). Aneel updates us on the ATO Gold Mine and the Mungu Deposit in Mongolia. Steppe Gold has commenced production and is projected to produce 50,000 to 60,000 ounces of gold from its Phase I Heap Leach Operation at the ATO Gold Mine annually. The company has recently completed a feasibility study into the Phase II expansion of the ATO Gold Mine to produce 100,000 of gold ounces equivalent per annum from the development of underlying fresh rock ores. Aneel also updates us on Steppe Gold’s Uudam Khundii (“UK”) Project, where drilling programmes for four new gold discoveries are to commence in 2022.
Primary ticker: TSX:STGO
Stages of development: Exploration, Development, Production
Commodities: Gold, Silver
Projects to promote: ATO Gold Mine, Uudam Khundii Project, Mungu Deposit
Project location: Mongolia