烏蘭巴托，蒙古——（Newsfile Corp. -2025 年 12 月 9 日）——Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9)（&#34; Steppe Gold&#34; 或 &#34; 公司&#34;）很高興地報告 2025 年第四季度的生產指導上調。
在 2025 年進行重大設備升級後，持續的維護工作以及第三季度的停工恢復，Boroo 金礦能夠加快高品位礦石的處理。因此，公司預計第四季度的整體生產將超過 23,000 盎司，高於之前的 15,000 盎司的指導。
隨着 2025 年 9 月 30 日的成品處理在 10 月完成，預計本季度的銷售將超過 30,000 盎司。因此，公司及其子公司（&#34; 集團&#34;）的全年生產預計將達到 70,000 盎司。
公司還宣佈，自 2025 年 12 月 8 日起，Kingston Ross Pasnak LLP（&#34; 前審計師&#34;）已辭去公司審計師職務，Emmerich, Córdova y Asociados S. Civil de R.L.，KPMG International 的成員公司，已被任命為繼任審計師（&#34; 繼任審計師&#34;）。更換審計師是為了與集團及相關實體的當前審計關係保持一致，確保集團內部的一致性和透明度。
在與&#34;相關期間&#34;（該術語在 NI 51-102 中定義）相關的審計中，沒有修改意見或可報告事件（該術語在國家工具 51-102 - 持續披露義務（&#34; NI 51-102&#34;）中定義）。
更換審計師及推薦任命繼任審計師的提案已獲得公司審計委員會和董事會（&#34; 董事會&#34;）的批准。
根據 NI 51-102，審計師更換通知以及前審計師和繼任審計師的所需函件已由董事會審查並在 SEDAR+ 上提交。
Steppe Gold 是蒙古首屈一指的貴金屬公司。
關於前瞻性聲明的警示説明
本新聞稿包含某些前瞻性聲明或披露，涉及公司或集團的預期，這些聲明基於管理層的期望以及公司當前可獲得的信息和假設，這可能構成適用證券法下的前瞻性聲明或信息（&#34;前瞻性聲明&#34;）。所有這些聲明和披露，除了歷史事實外，涉及公司預期或預計可能發生的活動、事件、結果或發展（全部或部分）應視為前瞻性聲明。在某些情況下，前瞻性聲明可以通過使用&#34;將&#34;、&#34;預計&#34;、&#34;預期&#34;及類似表達來識別。特別是，但不限制於前述內容，本新聞稿包含與未來計劃、預測、目標、估計和相關時間的討論有關的前瞻性聲明，包括但不限於：集團的未來展望和預期事件；未來的勘探和生產；勘探活動的預期結果；未來計劃、預測、目標、估計和相關時間的討論；以及集團預期在未來發生的事件或發展。
本新聞稿中包含的前瞻性聲明反映了公司若干重要因素和期望及假設，包括但不限於：Steppe Gold 的管理團隊和董事會；對公司業務、資產和財產的重大不利影響；商業計劃和戰略的變化；訴訟風險；市場和資本融資條件；任何資本融資交易固有的風險；全球商品市場的變化；貨幣波動；與礦業相關的材料成本和供應；政府變化及影響礦業的法規變化；實際與估計生產和測試結果、礦藏儲量和資源及冶金回收之間的差異；以及 Steppe Gold 的公開披露文件中不時詳細列出的其他風險因素，包括但不限於在 SEDAR+ 上可獲得的截至 2024 年 12 月 31 日的年度信息表中識別的風險。
前瞻性聲明基於在作出這些聲明時可獲得的信息和/或管理層在該時刻對未來事件的善意信念，並且受到風險和不確定性的影響，這可能導致實際表現或結果與這些前瞻性聲明中表達或暗示的內容有重大差異。前瞻性聲明僅在作出這些聲明的日期有效。除非適用法律要求，Steppe Gold 不承擔更新或公開宣佈對任何前瞻性聲明的任何變更的結果，以反映實際結果、未來事件或發展、假設的變化或影響前瞻性聲明的其他因素的變化。如果 Steppe Gold 更新任何一個或多個前瞻性聲明，不應推斷公司將對這些或其他前瞻性聲明進行額外更新。本新聞稿中包含的所有前瞻性聲明均完全受到本警示聲明的明確限定。
<img src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/6562/277407_bf2501f594ac7b55_logo.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/6562/277407_bf2501f594ac7b55_logo.jpg"/>
要查看本新聞稿的源版本，請訪問 https://www.newsfilecorp.com/release/277407
<img src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/277407/375?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/277407/375"/>

Steppe Gold Ltd. 報告升級了 2025 年第四季度的生產指引，預計產量超過 23,000 盎司，較之前的 15,000 盎司有所增加，預計銷售超過 30,000 盎司。全年生產預計將達到 70,000 盎司。公司還宣佈將審計師從 Kingston Ross Pasnak LLP 更換為 Emmerich, Córdova y Asociados S. Civil de R.L.，以與集團的審計關係保持一致。該變更已獲得審計委員會和董事會的批准

Ulaanbaatar, Mongolia--(Newsfile Corp. - December 9, 2025) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9)(&#34; Steppe Gold&#34; or the &#34; Company&#34;) is pleased to report upgraded production guidance for the fourth quarter of 2025.
<div class="lb-trans">烏蘭巴托，蒙古——（Newsfile Corp. -2025 年 12 月 9 日）——Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9)（&#34; Steppe Gold&#34; 或 &#34; 公司&#34;）很高興地報告 2025 年第四季度的生產指導上調。
</div>Following the major fleet upgrades in 2025, ongoing maintenance work and recovery of downtime experienced in the third quarter, the Boroo Gold mine was able to accelerate processing of higher grade ores. Accordingly, the Company expects overall fourth quarter production to exceed 23,000 oz, up from prior guidance of 15,000 oz.
<div class="lb-trans">在 2025 年進行重大設備升級後，持續的維護工作以及第三季度的停工恢復，Boroo 金礦能夠加快高品位礦石的處理。因此，公司預計第四季度的整體生產將超過 23,000 盎司，高於之前的 15,000 盎司的指導。
</div>With processing of finished goods from September 30, 2025 completed in October, projected sales for the quarter is expected to be over 30,000 oz. As a result, full year production for the Company and its subsidiaries (the &#34; Group&#34;) is expected to reach 70,000 oz.
<div class="lb-trans">隨着 2025 年 9 月 30 日的成品處理在 10 月完成，預計本季度的銷售將超過 30,000 盎司。因此，公司及其子公司（&#34; 集團&#34;）的全年生產預計將達到 70,000 盎司。
</div>The Company is also announcing that effective December 8, 2025, Kingston Ross Pasnak LLP (the &#34; Former Auditor&#34;) has resigned as the auditor of the Company and Emmerich, Córdova y Asociados S. Civil de R.L., member firm of KPMG International, has been appointed as the successor auditor (the &#34; Successor Auditor&#34;). The change in auditor was made to align with the current audit relationship of the Group and related entities, ensuring consistency and transparency across the Group.
<div class="lb-trans">公司還宣佈，自 2025 年 12 月 8 日起，Kingston Ross Pasnak LLP（&#34; 前審計師&#34;）已辭去公司審計師職務，Emmerich, Córdova y Asociados S. Civil de R.L.，KPMG International 的成員公司，已被任命為繼任審計師（&#34; 繼任審計師&#34;）。更換審計師是為了與集團及相關實體的當前審計關係保持一致，確保集團內部的一致性和透明度。
</div>There were no modified opinions, or reportable events (as such term is defined in National Instrument 51-102 - Continuous Disclosure Obligations(&#34; NI 51-102&#34;)) in connection with the audits for &#34;relevant period&#34; (as such term is defined in NI 51-102).
<div class="lb-trans">在與&#34;相關期間&#34;（該術語在 NI 51-102 中定義）相關的審計中，沒有修改意見或可報告事件（該術語在國家工具 51-102 - 持續披露義務（&#34; NI 51-102&#34;）中定義）。
</div>The change of the auditor and the recommendation to appoint the Successor Auditor was approved by the Audit Committee and the board of directors of the Company (the &#34; Board&#34;).
<div class="lb-trans">更換審計師及推薦任命繼任審計師的提案已獲得公司審計委員會和董事會（&#34; 董事會&#34;）的批准。
</div>In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Board and filed on SEDAR+.
<div class="lb-trans">根據 NI 51-102，審計師更換通知以及前審計師和繼任審計師的所需函件已由董事會審查並在 SEDAR+ 上提交。
</div>Steppe Gold is Mongolia's premier precious metals company.
<div class="lb-trans">Steppe Gold 是蒙古首屈一指的貴金屬公司。
</div>Cautionary Note Regarding Forward-Looking Statements
<div class="lb-trans">關於前瞻性聲明的警示説明
</div>This news release contains certain forward-looking statements or disclosures relating to the Company or the Group that are based on the expectations of its management as well as assumptions made by and information currently available to the Company which may constitute forward-looking statements or information (&#34;forward-looking statements&#34;) under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results, or developments that the Company anticipates or expects may, or will occur in the future (in whole or in part) should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the words &#34;will&#34;, &#34;projected&#34;, &#34;expected&#34; and similar expressions. In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to the following discussion of future plans, projections, objectives, estimates and forecasts and the timing related thereto, including, but not limited to: the Group's future outlook and anticipated events; future exploration and production; the expected results of exploration activities; discussion of future plans, projections, objectives, estimates and forecasts and the timing related thereto; and events or developments that the Group expects to take place in the future.
<div class="lb-trans">本新聞稿包含某些前瞻性聲明或披露，涉及公司或集團的預期，這些聲明基於管理層的期望以及公司當前可獲得的信息和假設，這可能構成適用證券法下的前瞻性聲明或信息（&#34;前瞻性聲明&#34;）。所有這些聲明和披露，除了歷史事實外，涉及公司預期或預計可能發生的活動、事件、結果或發展（全部或部分）應視為前瞻性聲明。在某些情況下，前瞻性聲明可以通過使用&#34;將&#34;、&#34;預計&#34;、&#34;預期&#34;及類似表達來識別。特別是，但不限制於前述內容，本新聞稿包含與未來計劃、預測、目標、估計和相關時間的討論有關的前瞻性聲明，包括但不限於：集團的未來展望和預期事件；未來的勘探和生產；勘探活動的預期結果；未來計劃、預測、目標、估計和相關時間的討論；以及集團預期在未來發生的事件或發展。
</div>The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of the Company including, without limitation: management team and board of directors of Steppe Gold; material adverse effects on the business, properties and assets of the Company; changes in business plans and strategies; risk of litigation; market and capital finance conditions; risks inherent to any capital financing transactions; changes in world commodity markets; currency fluctuations; costs and supply of materials relevant to the mining industry; change in government and changes to regulations affecting the mining industry; discrepancies between actual and estimated production and test results, mineral reserves and resources and metallurgical recoveries; and such other risk factors detailed from time to time in Steppe Gold's public disclosure documents, including, without limitation, those risks identified in Steppe Gold's annual information form for the year ended December 31, 2024, which is available on SEDAR+ at www.sedarplus.ca.
<div class="lb-trans">本新聞稿中包含的前瞻性聲明反映了公司若干重要因素和期望及假設，包括但不限於：Steppe Gold 的管理團隊和董事會；對公司業務、資產和財產的重大不利影響；商業計劃和戰略的變化；訴訟風險；市場和資本融資條件；任何資本融資交易固有的風險；全球商品市場的變化；貨幣波動；與礦業相關的材料成本和供應；政府變化及影響礦業的法規變化；實際與估計生產和測試結果、礦藏儲量和資源及冶金回收之間的差異；以及 Steppe Gold 的公開披露文件中不時詳細列出的其他風險因素，包括但不限於在 SEDAR+ 上可獲得的截至 2024 年 12 月 31 日的年度信息表中識別的風險。
</div>Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by such forward-looking statements. Forward-looking statements speak only as of the date those statements are made. Except as required by applicable law, Steppe Gold assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If Steppe Gold updates any one or more forward-looking statements, no inference should be drawn that the company will make additional updates with respect to those or other forward-looking statements. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
<div class="lb-trans">前瞻性聲明基於在作出這些聲明時可獲得的信息和/或管理層在該時刻對未來事件的善意信念，並且受到風險和不確定性的影響，這可能導致實際表現或結果與這些前瞻性聲明中表達或暗示的內容有重大差異。前瞻性聲明僅在作出這些聲明的日期有效。除非適用法律要求，Steppe Gold 不承擔更新或公開宣佈對任何前瞻性聲明的任何變更的結果，以反映實際結果、未來事件或發展、假設的變化或影響前瞻性聲明的其他因素的變化。如果 Steppe Gold 更新任何一個或多個前瞻性聲明，不應推斷公司將對這些或其他前瞻性聲明進行額外更新。本新聞稿中包含的所有前瞻性聲明均完全受到本警示聲明的明確限定。
</div><img src="https://imageproxy.pbkrs.com/https://images.newsfilecorp.com/files/6562/277407_bf2501f594ac7b55_logo.jpg" alt="" original-src="https://images.newsfilecorp.com/files/6562/277407_bf2501f594ac7b55_logo.jpg"/>
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277407
<div class="lb-trans">要查看本新聞稿的源版本，請訪問 https://www.newsfilecorp.com/release/277407
</div><img src="https://imageproxy.pbkrs.com/https://api.newsfilecorp.com/newsinfo/277407/375" alt="" original-src="https://api.newsfilecorp.com/newsinfo/277407/375"/>

Steppe Gold 提供第四季度生產更新及更換審計師的消息 | STPGF 股票新聞