Steppe Gold Ltd. announced the appointment of Mr. Bataa TumurOchir as President and CEO of the company effective immediately. Mr. TumurOchir is a founding Director of the Company and has been instrumental in the management and growth of the Company since listing. In his previous role as Executive Vice President Mongolia.

Mr. Matthew Wood, Founder and Chairman of the Company will remain in the role of Executive Chairman and will focus his energy on executive management oversight, growth strategy and the expansion of Steppe Gold in Mongolia.