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Investment Highlights

Proven in-Country Team

Experienced directors and management with
a strong local presence in Mongolia.

Demonstrated Discovery Potential

20,000m drill program completed at Mungu
Gold & Silver Discovery, located northeast of
the current resource.

Strong Financial Partners Contribute
to Fully Funded Production

US$23M gold and silver streaming agreement and
with Triple Flag Mining Finance and proceeds from
the C$25M IPO completed in May 2018.

Near Term Gold Producer

Flagship ATO Project is an advanced stage gold project,
with a low capital cost of US$20M and first gold pour
expected in H2 2019.

Regional Consolidation Opportunities

The Company is currently assessing over 200,000
hectares of exploration licenses for further acquisition.

Upcoming Catalysts

  • Complete ADR Plant Construction in H1 2019
  • Begin leaching and gold production in H2 2019
  • Restart exploration program in H2 2019
  • Resource update including Stage 1 (completed), Stage 2 (completed) and
    Stage 3 drilling H2 2019, including maiden resource on Mungu
  • Continually assess additional licenses for acquisition
  • Continue work on feasibility study of ~150koz AuEq/year
    ATO fresh rock project in H2 2019

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The Company’s head office:

Shangri-La office, Suite 1201,
Olympic street 19A,
Sukhbaatar District 1,
Ulaanbaatar 14241, Mongolia
Tel/Fax: +976 7732 1914

Toronto Office:

90 Adelaide Street. W, Suite 400
Toronto, ON
M5H 3V9,
Canada
Tel: +1 647 697 0577