Boroo Gold Mine

Intrusion-related gold deposit hosted in the Boroo fault. Located in the Selenge province of North-Central Mongolia, approximately 110 km northwest of Ulaanbaatar. Property comprises mining and exploration licenses covering approximately 6,593 hectares. Acquired by Steppe Gold in August 2024 through the Boroo Gold Transaction; commercial production originally achieved in 2004. Processing utilizes a 5,000 tpd carbon-in-leach facility and a heap leach pad. Operations are planned to continue through the first half of 2030.