Tickers: XTSE:STGO
Tags: #Mining
June 16 2020 - The Newswire - Calgary, AB - Steppe Gold Ltd. (TSX:STGO) will be presenting LIVE tomorrow at 2:15 MDT as part of TakeStock LIVE's weekly Mini Webinar Series.
Click here to Attend or Bookmark
Each Weekly Wednesday Webinar starts 15 minutes after market close and features three corporate managers explaining their near-term goals and objectives in 6 minute presentations, followed by a moderated panel discussion and audience questions.
This is part of TakeStock *Mining Month* in association with Calgary MEG & CIM.
Steppe Gold's Aneel Waraich, EVP and Director, will be presenting and you are invited to attend and ask questions online.
Thus far, the Company:
- Continues to mine, crush and stack and has approximately 170,000t on the ROM pad, and approximately 662,000t of stacked ore at a grade of 2.0g/t gold onto Cell 1 where leaching is currently underway.
- Daily mining of ore continues from the ATO1 open cut and is currently being scaled up.
- Remains on track to produce approximately 60,000 ounces of gold in 2020 at cash costs of circa $500 per ounce from the ATO Mine.
Highlights:
- Positive cash flows from the ATO Mine will go towards studies to expand the open pit and processing facilities, targeting 150,000 ounces of gold per annum.
- Exploration drilling will restart next month with results available in the coming months including a resource and reserve update and a maiden resource on the exciting Mungu discovery.
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