Mongold is a Central-Asian junior gold producer focused on high margins and rapid growth. The company’s flagship operation, the Naran Mandal Gold Operations in Mongolia, is a high-grade, narrow vein, orogenic deposit. The property hosts more than 50 vein structures, only 3 of which have been explored and brought into production. Less than 12% of the known resource is currently being exploited, leaving significant upside to be achieved through additional exploration, investment and upgrading of technology.Early-stage exploration on the mining lease shows promising results. There is significant scope for additional underground projects and management has articulated a clear strategy to increase production while simultaneously transforming into a low-cost, high-margin producer.Mongold also holds 12 exploration licenses across Mongolia which have the potential for gold, base metals and battery minerals.

 

The company has a supportive group of high net worth shareholders as well as an experienced and resilient management team. The management is based in the company’s corporate offices in Singapore and Ulaanbaatar as well as at the various operational sites.

Mongold is committed to sustainable practices – with safety and environment as non-negotiable top-priorities.  The company aims to produce in excess of 500,000oz of gold equivalent by 2027.