Steppe Gold (TSX:STGO) is taking a page from its Mongolian operations as it looks to engage the local community at its newly acquired Tres Cruces project.
Steppe Gold recently acquired Anacortes Mining, giving it ownership of the Tres Cruces gold project in Peru.
The company’s executive vice president and director, Aneel Waraich, said education is key to building mutually beneficial relationships between mining companies and the local communities.
“Before we even broke ground (in Mongolia) in 2018, we went around a 1,400 square kilometer radius … and told (the people) what we’re doing — how they can benefit, and how they can even get jobs,” Waraich said. The company currently employs almost 300 local Mongolians, which is about 75 percent of its workforce at the ATO gold mine, located in the Tsagaan Ovoo district of the Dornod province in Eastern Mongolia.
Waraich discussed the company’s next steps at Tres Cruces, which reflects its actions in Mongolia. “We’ll educate everyone in the area about who we are, what we’re going to do — how we’ve done it in Mongolia, and how they’ll benefit,” he said. The company also intends to start drilling, and wants to move the project to feasibility and potentially permitting in the next 18 to 24 months.
Watch the full interview with Steppe Gold executive vice-president and director Aneel Waraich above.
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