Steppe Gold Doubles the ATO Gold Mine Resource to 2.45Moz Gold Equivalent
Steppe Gold Ltd is pleased to announce an updated independent Mineral Resource Estimate at its 100% owned ATO Gold Mine. This estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021. HIGHLIGHTS Resources at the ATO Gold Mine have doubled to 2.45 M oz of Au Eq, up from 1.22M oz Au Eq Increased ATO Measured and Indicated Resources to 41.6 Mt at average Au Eq grade of 1.67gt M&I …
Steppe Gold Ltd (TSX: STGO) (“Steppe Gold” or the “Company”) is pleased to announce an updated independent Mineral Resource Estimate at its 100% owned ATO Gold Mine. This estimate will form the basis of the upcoming bankable feasibility study (“BFS”) due out in Q2 2021.
Sukhbaatar
Selenge
Mongolia
United-states
Canada
Ulaanbaatar
Canadian
Robin-rankin-msc
Bataa-tumur-ochir
Enkhtuvshin-khishigsuren
Matthew-wood
Exchange-commission
Steppe Gold doubles ATO mine resource
ATO gold mine. Credit: Steppe Gold
Steppe Gold (TSX: STGO) has doubled the mineral resource at its ATO gold mine from 1.22 million oz gold equivalent (AuEq) to 2.45 million oz, the Mongolia-focused miner announced Wednesday.
This updated resource estimate will form the basis of the upcoming bankable feasibility study (BFS) due out in Q2 2021.
Sign Up for the Precious Metals Digest
Sign Up
The updated ATO resource includes 41.6 million tonnes of measured and indicated resources with an average grade of 1.67 g/t AuEq, containing 2.24 million oz AuEq (1.39 million oz gold and 20.48 million oz silver).
The increase in M&I resources is primarily due to significant expansion through drilling at the ATO 4 deposit and incorporation of a maiden resource at the Mungu deposit, the company said.
Altan-tsagaan-ovoo
Bataa-tumur-ochir
Matthew-wood
Steppe-gold
மேத்யூ-மரம்
புல்வெளி-தங்கம்