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HomeMongolia NewsSteppe Gold pours first gold, ramps up production in Mongolia

Steppe Gold pours first gold, ramps up production in Mongolia

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(Kitco News) – Steppe Gold (TSX: STGO) said today that the company completed its first gold pour in Mongolia and concluded its first sale in late March.


The gold pour was 1,532 ounces of gold with gross proceeds of US$2.93m.


The company added it continues crushing and stacking operations and has recommenced mining with operations in all active pits.


Steppe plans to produce over 100,000 ounces of gold from the oxide zones in 2022 and 2023.


President and CEO Bataa Tumur-Ochir commented, “We are very pleased to be back in production and to…

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