NEWS RELEASE!!
February 14, 1997
High Order Stream Anomalies Mizek, Kazakstan
VANCOUVER, Feb. 14 /CNW/ - Steppe Gold has undertaken a detailed stream sediment survey for
gold and base metals covering 1500 square kilometres within the Mizek Exploration Licence. The
results have been very encouraging defining new areas of potential mineralisation and targets
along strike from known mineralisation, which have had no surface geochemical exploration.
Four high priority areas have been defined which warrant further work during 1997.
MIZEK ANOMALY:
A large anomaly with a peak value of 10,700 ppb gold with anomalous silver and zinc extends
over an area of 10 by 10 kilometres centered on the Mizek gold deposit. Some of the anomalies are
obviously derived from the outcropping Mizek oxide orebody where Steppe Gold is undertaking a
feasibility study. However, large portions of the anomaly have potential for the discovery of new
zones of gold mineralisation.
ANOMALY A:
Anomaly A is a high order gold, silver and lead anomaly which extends over a strike of 7
kilometres. Bedrock is obscured by a thin veneer of soil and the anomaly is located in an
identical geological and geographical setting to know mineralisation 12 kilometres along strike
to the west. The geological setting in this area is very favourable for large high grade Au-Cu VMS
deposits.
ANOMALY B:
Anomaly B is located to the north of the Central Mizek gold deposit. This area has previously had
little exploration attention. This strong gold, silver and zinc anomaly extends over a strike of 12
kilometres.
ANOMALY C:
This base metal - gold anomaly expands markedly the target area around the know base
metal-gold deposits. It correlates well with the principle host geology for base metal-gold
mineralisation in the region. The northern portion of this anomaly is coincident with a high
order untested soil anomaly.
In addition to these major anomalies 21 gold targets have been defined by 1 to 5 anomalous
samples. Approximately 3,000 square kilometres of the Mizek licence remains to be prospected
with stream geochemistry.
Steppe Gold plans to undertake a ground reconnaissance program early in the coming summer
and to target specific areas with soil geochemistry prior to drill evaluation of the anomalies.
Steppe Gold is highly encouraged by the results and believes it augers well for discovery of
additional gold mineralisation during the 1997 field season. The results of this survey clearly
indicate that the Mizek trend has potential to host globally significant VMS base metal deposits
with high precious metal credits.
The Vancouver Stock Exchange has not approved nor disapproved of the information contained
herein. Not for distribution to any US news wire service or dissemination in the US.
BUSINESS/PHOTO EDITORS: A copy of the Steppe Gold Resources Ltd. map of the stream sediment
geochemistry plan is available by fax by calling Canada NewsWire, Vancouver at (604)
669-7764/
E-Mail: jmenzies(at)iaccess.com.au or Website: info-mine.com
For further information: Ed Farrauto, (604) 689-7837 or John Menzies, President, O11 61 9 321
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