The Mungu gold and silver discovery is located immediately northeast of the current resource at the ATO Project. It is a structurally controlled epithermal gold-silver system with localized bonanza grades. The high-grade gold-silver mineralization in the northern part of ATO Pipe #4 has been interpreted by Steppe Gold to have a steeply westward dipping structural control with a similar northeast strike projecting toward and possibly joining the Mungu zone of mineralization.
EXPLORATION AND DEVELOPMENT
MUNGU GOLD-SILVER DISCOVERY
STAGE 2 DRILLING
STAGE 3 DRILLING
ATO PROJECT: MUNGU DRILLING HIGHLIGHTS
First drill hole by Steppe returned 46.0m grading 14.98 g/t Au and 82.02 g/t Ag
| (Non-classified) – Centerra drilling results | ||||
| Hole # | Depth | Width | Au | Ag |
| From Surface (m) | m | g/t | g/t | |
| MG-01 | 263.9 – 391.3m | 127.4m | 3.0 | 37.5 |
| including | 275.6 – 324.6m | 49m | 5.6 | 45.5 |
| MG-04 | 161.2 – 245.6m | 84.4m | 6.4 | 92.7 |
| including | 217.9 – 230.2m | 12.3m | 42.2 | 52.3 |
| MG-05 | 139.85 – 396.0m | 256.2m | 1.4 | 31.3 |
| including | 274.45 – 338.9m | 64.5m | 4.4 | 28.7 |
| MG-22 | 166.15 – 279.25m | 113.1m | 2.8 | 40.2 |
| including | 179.65 – 234.15m | 54.5m | 7.3 | 88.2 |
| MG-25 | 289.9 – 360.2m | 70.3m | 2.1 | 53.9 |
| including | 337.9 – 351.9m | 14.0m | 8.1 | 34.7 |
| MG-28 | 301.5 – 373.8m | 72.3m | 1.6 | 59 |
| including | 359.8 – 372.8m | 13.0m | 5.2 | 24.6 |
| MG-29 | 330.25 – 335.25m | 140.3m | 1.6 | 12.6 |
| including | 330.25 – 335.25m | 5.0m | 5.4 | 42 |
| 378.65 – 406.65m | 28.0m | 5.1 | 4.7 | |
| Steppe Gold Drilling Results (March 2017 – Present) | ||||
| Hole # | Depth | Width | Au | Ag |
| From Surface (m) | m | g/t | g/t | |
| MG-01 | 218.5 – 264.5m | 46.0m | 14.98 | 82.02 |
| including | 218.5 – 241.5m | 23.0m | 26.18 | 68.80 |
| MG-51 | 258 – 320.5m | 62.5m | 3.28 | 29.79 |
| 2 | ||||
| MG-52 | 190 – 342m | 152.0m | 2.06 | 72.64 |
| including | 300 – 342m | 42.0m | 5.75 | 16.97 |
| MG-54 | 19.0 – 37.3m | 18.3m | 1.84 | 130.21 |
| including | 27.0 – 33.0m | 6.0m | 3.30 | 333.40 |
| MG-67 | 0.0 – 56.0m | 56.0m | 1.03 | 35.15 |
| including | 0.0-17.0m | 17.0m | 2.23 | 37.22 |
| MG-71 | 14 – 95.0m | 81.0m | 1.00 | 45.46 |
| including | 15.0-25.5m | 10.5m | 2.18 | 49.21 |
| MG-72 | 2.0 – 57.0m | 55.0m | 0.92 | 46.25 |
| including | 2.0 – 22.0m | 20.0m | 1.50 | 27.62 |
| 41.0 – 43.0m | 2.0m | 1.35 | 288.50 | |
