Steppe Gold Ltd. · TSX:STGO
Steppe Gold — Investor Presentation (March 2022)
23 slides from Steppe Gold's investor presentation, March 2022
Slide 1: Mongolia's Premier Precious Metals Company
TSX: STGO | OTCQX: STPGF MONGOLIA’S PREMIER PRECIOUS METALS COMPANY CORPORATE PRESENTATION MARCH 2022
Slide 2: Disclaimer
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 DISCLAIMER TECHNICAL INFORMATION Technical information relating to the Altan Tsagaan Ovoo Project (the “ATO Project”) contained in this presentation is derived from, and in some instances is an extra
Slide 3: Our Vision
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company CorporatePresentation Corporate Presentation/ March / April 2021 2022 OUR VISION Mongolia’s premier precious metals company. Our mandate: 01 02 03 Delivering superior returns to Focusing on low cost Building strong relationships with o
Slide 4: Company Overview
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 COMPANY OVERVIEW Steppe Gold is Mongolia’s premier precious metals company, has commenced production and is projected to produce 50,000 to 60,000 ounces of gold from its Phase I Heap Leach Operation
Slide 5: Company Board and Management
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 COMPANY BOARD AND MANAGEMENT Matthew Wood Bataa Tumur-Ochir Aneel Waraich Patrick Michaels Jeremy South Executive Chairman Director, President and CEO Director and Executive Director Senior Vice Pres
Slide 6: Steppe People
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 STEPPE PEOPLE Creating Sustainable Employment Opportunities to 142 Number of Steppe employees 250-300 People 123 Number of contract workers Employees from Employees Total number local province 66% an
Slide 7: Steppe Social Responsibility
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 STEPPE SOCIAL RESPONSIBILITY Steppe Gold is an integral part of the local Steppe Gold is proud of our local community partnerships, and our community: repopulation efforts for marmots We have been bu
Slide 8: Steppe's Value Building Model
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 STEPPE’S VALUE BUILDING MODEL Fast-tracked production and exploration upside Cashflow Development Exploration Fully permitted heap leach mine and New resource estimates doubled in 2021. The Company o
Slide 9: Company Milestones
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 COMPANY MILESTONES 2016 2017 2017 2017 2018 2018 2019 2020 2020 2021 2021 2021 August January June September May June December March July February October November The Company was Steppe Gold Canada
Slide 10: Why Mongolia
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 WHY MONGOLIA Home to world class assets, sound mining infrastructure and mining talent. Strong support for mining industry at all levels of government. Focus on safety, wealth generation and sustaina
Slide 11: Company Operations
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 COMPANY OPERATIONS Steppe Gold owns exploration, development and production assets. ALTAN TSAGAAN OVOO (ATO GOLD MINE) 50K - 60k oz oxide heap leach production annually. Resources doubled in February
Slide 12: Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 12
Slide 13: 50,000 to 60,000 oz of Gold annually
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 ALTAN TSAGAAN OVOO ADR PLANT (ATO) GOLD MINE PHASE I - OXIDE HEAP LEACH PRODUCTION 50,000 to 60,000 oz of Gold annually PHASE II - ~ 100,000 oz of gold production annually from fresh rock 13
Slide 14: Resource Expansion
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 RESOURCE EXPANSION Building on a large dataset - high grade intercepts. Over 90,000m drilling and 28,421m trenching completed. Drilling results and new resource estimates for ATO and Mungu deposits r
Slide 15: Mineral Reserve Estimate, Effective June 30, 2021
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 MINERAL RESERVE ESTIMATE, EFFECTIVE JUNE 30,2021 Phase 2 expansion assumes producing 100,000 ounces of gold equivalent per annum from the fresh rock ore. Gold recovery is forecast to be 79%, with fur
Slide 16: Uudam Khundii (UK) Project
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 UUDAM KHUNDII (UK) PROJECT ONE OF THE LARGEST EXPLORATION LICENCES IN BAYANKHONGOR GOLD BELT To date, Steppe Gold has completed 18 trenches for 933 meters at the Milky Way Prospect and the Altan Soum
Slide 17: Key Financial Metrics
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 KEY FINANCIAL METRICS NPV IRR Site AISC EBITDA After-Tax After-Tax $853/oz $584M $232M 67% LoM Phase 1 & 2 = 12.5 years After-Tax LoM Grades Capital Expenditure Total Gross Phase 2 Lead, 0.46% Revenu
Slide 18: FS Highlights and Basis of Preparation
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 FS HIGHLIGHTS AND BASIS OF PREPARATION The Feasibility Study covers the ATO Gold Mine with a 12.5 year remaining mine life, with an assumed start date of January 1, 2022. It is based on the revised r
Slide 19: Mining
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 MINING Highlights: 923,928 tonnes total mined for 2021. ROM pad balance as at 31st December was 552,594 tonnes at an average grade of 1.2g/t. 19
Slide 20: Phase 2 Expansions Infrastructure
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 PHASE 2 EXPANSIONS INFRASTRUCTURE Highlights: Camp sewerage construction has been completed. Boilerhouse has been completed and is currently operating. Stage 2 crusher construction is ongoing. Delive
Slide 21: Catalysts & Phase 2 Expansions
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 CATALYSTS & PHASE 2 EXPANSIONS Production: Back Online - Reagents Repleted & first winter with new boiler house 2.45m tonnes of ore stacked on the leach and ROM pads. Total of 81,842 ounces of recove
Slide 22: Recent Successes
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 RECENT SUCCESSES Steppe Achieves 92.9 Implementation Score on Environmental Management Plan Bloomberg Mongolia recognizes Steppe’s ATO Gold Mine as 2021 Development of the Year 22
Slide 23: Contact
Steppe Gold Limited - Mongolia’s Premier Precious Metals Company Corporate Presentation / March 2022 CONTACT Matthew Wood Bataa Tumur-Ochir Executive Chairman President and CEO mwood@steppegold.com bataa@steppegold.com Aneel Waraich Jeremy South Director and Executive VP Senior VP and CFO aneel@step