The Uudam Khundii property is comprised of one exploration licence covering 14,397 hectares. The project area is located 800 km south-west of Ulaanbaatar. The property is located between and adjoining the Bayan Khundii gold discovery and Altan Nar epithermal gold deposits explored by Erdene Resource Development Corporation. Steppe Gold has commenced initial exploration activity on the prospects including geological mapping, geochemical sampling, geophysical surveys, chip/grab sampling and trenching.
Identified 4 new discoveries to be drilled in 2020.
EXPLORATION AND DEVELOPMENT
Steppe Gold owns 14,400 hectares in a first of its kind, 80/20 JV with the provincial government of Bayankhongor.