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NEWS AND RELEASES

LATEST TWEETS

Goldman, Citi see gold above $2,000 in 2021: ‘The bull market is not over’

Read: https://www.cnbc.com/2020/11/24/goldman-citi-see-gold-above-2000-in-2021-the-bull-market-is-not-over.html

The global impact of the pandemic cannot be understated, but there remains opportunity for long-term growth in #Mongolia from strong international trading activity and mineral #mining initiatives. Read more here: https://bit.ly/3kw7Ezr

$STGO #gold

Steppe Gold continues exploration drilling and trenching programs at the ATO Gold Mine, Mungu Discovery and the Uudam Khundii (UK) Gold Project.

Updated results should be available by December 2020.

#TSX: $STGO 🇨🇦🇲🇳

We couldn't agree more, @Mendee1111! And thank you for the mention. @SteppeGold is so proud of our #team, especially at the #mining sites. @miningmongolia #SupportingOurPeople #WeAreAllinThisTogether #NationalEconomy #Mongolia

#TSX: $STGO 🇨🇦🇲🇳

In addition to on-going cash flow generation through production, Steppe Gold is focused on resource expansion...

New resource upgrades are currently being calculated for ATO 1, 2 , 4 deposits and initial resource for Mungu deposit.

TSX: $STGO 🇨🇦🇲🇳

Despite recent news, #gold may remain an attractive investment into 2021 due to uncertainties around the pandemic and economic recovery. Interesting article by @KItcoNewsNOW talks about 3 #catalysts that might positively impact gold prices: https://bit.ly/3kPNznY

$STGO

The replay of last week's summit with @6ix, "Q3 Earnings and Operational Update", is available!

Watch our CEO, EVP and CFO talk about our positive cash flow position, exploration and feasibility efforts: https://bit.ly/3pV6qS2

$STGO #Mongolia

Steppe Gold Sees Continued Strong Cash Flow in Third Quarter

Cash costs remain at market-low levels at $572 per ounce in the third quarter and, with strong gold prices, this is allowing us to build up a solid cash balance, at over $37m currently

TSX: $STGO 🇨🇦🇲🇳

"Gold is not simply a doomsday asset." #FridayFacts from @InvestmentWeek on how #gold doesn't just perform in times of economic crisis, but in times of economic growth too. #BuyGold #investing #resources

#TSX: $STGO🇨🇦🇲🇳
https://www.investmentweek.co.uk/feature/4022794/rock-seasons-gold-doomsday-asset?s=09

“Gold remains an attractive asset class for reserve managers. Amid the uncertainties created by Covid-19, gold is acting as a ‘safe-haven asset’, which is reflected in higher gold prices”

https://www.centralbanking.com/central-banks/reserves/gold/7711621/the-ultimate-store-of-value

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COMPANY OVERVIEW

Steppe Gold is Mongolia’s premier precious metals company and is projected to produce 60,000 ounces of gold annually, from its ATO Gold Mine. The Company is also completing a feasibility study into the expansion of the ATO Gold Mine to approximately 150,000 ounces of gold per annum from the development of underlying fresh rock ores.

Investment Highlights:

01.

PROVEN IN-COUNTRY TEAM

Proven track record. Strong social licence to operate and strong support from Mongolian investors.

02.

PRODUCTION COMMENCED IN EARLY 2020

Mine fully commissioned, permitted and in production. Initial Phase – I oxide zone is estimated to produce ~50,000-60,000 ounces of gold annually.

03.

RESOURCE EXPANSION

New resource upgrades are currently being calculated for ATO 1, 2 , 4 deposits and initial resource for Mungu deposit.

04.

SIGINIFICANT EXPLORATION POSITION

Uudam Khundii (“UK”) Project: Steppe Gold owns 14,400 ha in Bayankhongor gold belt. Four new gold discoveries to be drilled in 2020.

OUR MANDATE

01.

Delivering superior returns to shareholders from low cost, long life precious metals assets.

02.

Focus on low cost, near term production assets with strong exploration upside

03.

Building strong relationships with our partners, our communities and all levels of the Mongolian government

STAY CONNECTED WITH STEPPE GOLD

+ Get free access to exclusive Mongolia mining industry reports

The Company’s head office:

Shangri-La office, Suite 1201, Olympic street 19A, Sukhbaatar District 1,
Ulaanbaatar 14241, Mongolia

Toronto Office:

90 Adelaide Street. W, Suite 400
Toronto, ON M5H 3V9, Canada

Telephone:

Mongolia: +976 77321914
Canada: +1 647 697 0577