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Steppe Gold Ltd

12:02 PM EST - Steppe Gold Ltd : Announces two major milestones on its Phase 2 Expansion at the ATO Gold Mine. Highlights include approval received from government agencies to provide grid power to the ATO Phase 2 Expansion. This agreement will drive significant energy savings and will be a key infrastructure benefit for the ATO Gold Mine and its local communities, will reduce expected cash costs by well in excess of $100/oz for Phase 2. Steppe Gold retains an inventory of 80,000 ounces of gold on a 70% recovered basis, allowing for strong near term production rates. Steppe Gold Ltd shares T.STGO are trading up $0.04 at $1.14.