TSX: STGO OTCQX: STPGF
MONGOLIA’S PREMIER
PRECIOUS METALS
Company
Media Updates:
Who We Are?
COMPANY OVERVIEW
The Company has acquired Boroo Gold, creating Mongolia’s leading and largest gold producer. Following the merger, combined production is set to increase from over 85 Koz Au for the next two years and reach over 150 Koz AuEq annualised by 2026 with the completion of ATO Phase 2 Expansion.
With a skilled workforce, strong local support and financial backing, Steppe Gold is on track to become a multi-asset, mid-tier gold company.
1. PROVEN IN-COUNTRY TEAM
- Proven excellence in value creation, operations, and governance, with deep experience in Mongolia at board and management level.
- Successful in enhancing operations, expansion resources, securing permits and delivering construction and expansion projects.
2. TWO PRODUCING MINES WITH STRONG ECONOMICS AND NEAR-TERM CASH FLOW
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The 100% owned ATO Gold Mine is fully commissioned, permitted and
in production. The ATO Phase 2 Expansion is fully financed and underway and it is estimated to produce over 90Koz AuEq per annum from 2026. - Steppe Gold has acquired Boroo Gold, which has estimated production of 431k oz of Au from 2024 to 2031.
- After the acquisition, total combined production is set to increase to
over 150 Koz AuEq annualized starting from 2026.
3. SIGINIFICANT EXPLORATION POSITION
- Steppe Gold owns 80% of the Uudam Khundii (UK) project,
the largest exploration package in a new potentially gold district of Bayankhongor Province, Mongolia. - Currently assessing highly prospective projects for further acquisition
4. STRONG LOCAL SUPPORT
- Long lasting social license
- Strong support from local community
OUR MANDATE
Delivering superior returns to shareholders from low cost, long life precious metals assets.
Focus on low cost, near term production assets with strong exploration upside
Building strong relationships with our partners, our communities and all levels of the Mongolian government
NEWS AND RELEASES
Latest Presentation
Technical Report
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ATO GOLD MINE
The Altan Tsagaan Ovoo gold and silver project (the “ATO Project”) is located in the territory of Tsagaan Ovoo soum of Dornod province in eastern Mongolia. The ATO Project is comprised of one mining license covering an area of 5,492 hectares.
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Mungu Project
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.
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Uudam Khundii “UK” Project
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.
ATO GOLD MINE
Operations
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MUNGU PROJECT
Operations
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UUDAM KHUNDII PROJECT
Operations
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OUR APPROACH
Steppe Gold’s sustainability vision is to create long-lasting value for all our stakeholders. Mining operation at ATO conforms to the highest standards of environmental management, occupational health and safety and social responsibility.