Copper & Gold Exploration · Mongolia

High-grade discovery in the
heart of Mongolia.

MMC is advancing the 27,979-hectare Bayantolgod gold & copper license in southwestern Mongolia — a district-scale system with grades that rival the world's premier deposits.

Arrange a meeting → Explore the opportunity

27,979Hectare license

30 kmMineralized corridor

12+ yrsGround work

High-grade copper ore specimen with vivid malachite and azurite mineralization

3.68% Cu Peak grade · Del Khad

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Investor Materials

Key documents.

Review the opportunity in detail — download the materials below.

Equity Private Placement

PDF · May 2026

The Opportunity

A premier mining opportunity, secured and ready to drill.

Exploration across the Bayantolgod license has returned exceptional, district-scale results. With the mining license in hand, MMC is positioned to convert more than a decade of groundwork into a defined resource.

Mining license secured

Official approval granted July 2022. The 27,979-hectare Bayantolgod license is fully permitted — capital now funds fees and the exploration program.

Permitted · July 2022

Exceptional grades

Sampling returned 107 g/t gold, 3.68% copper and 728 g/t silver — multiples of the average measured grades at neighbouring Oyu Tolgoi.

High-grade Cu · Au · Ag

Strategic location

Directly adjacent to Erdene Resource Development's Bayan Khundii license (CAD 130M market cap) in Mongolia's most prospective gold-copper belt.

Adjacent to Erdene

Clear path to listing

A USD 2M raise funds the 2026–2027 drill campaign and advances MMC toward an international public listing targeted for 2028.

IPO target · 2028

Geological Findings

Grades that speak for themselves.

Verified results from trenching and 29 drill holes across the license — among the highest-grade surface findings in the region.

0g/t

Gold

Highest grade · Ulaan Tolgoi

Copper

Peak concentration · Del Khad

0g/t

Silver

Maximum grade · Del Khad

Hectares licensed

Bayantolgod · SW Mongolia

These exceptional grades compare favourably to neighbouring deposits and exceed Oyu Tolgoi's average measured resource grades of 0.96% copper and 0.34 g/t gold.

The License

Bayantolgod, southwestern Mongolia.

A continuous, district-scale corridor spanning multiple mineralized centres — from Altan Tal to Dush Uul — in one of the world's most under-explored, mining-friendly jurisdictions.

27,979 ha: The Bayantolgod license area in Mongolia's mineral-rich southwest.
30 km: Continuous mineralized corridor spanning multiple mineralized centres.
Adjacent: Borders Erdene Resource Development's Bayan Khundii license (CAD 130M cap).
Permitted: Mining license approved July 2022, exclusive copper & gold focus.

Satellite map of the 27,979-hectare Bayantolgod license showing its mineralized centres — Altan Tal, Del Khad, Copper Hill, Ulaan Tolgoi, UST, Tourmaline Pipe and Dush Uul — adjacent to Erdene Resources' Bayan Khundii ground in southwestern Mongolia.

Why Now

A structural tailwind behind every tonne.

Global electrification is driving unprecedented copper demand — and Mongolia sits at the centre of the supply story, with direct access to the world's largest manufacturing market.

Global copper demand

Electric vehicles and renewable-energy infrastructure are driving unprecedented copper demand worldwide.

Mongolia's mineral wealth

Mongolia hosts vast untapped copper and gold deposits across its resource-rich terrain.

Strategic position

Direct access to China's manufacturing hub creates significant logistical advantages for exports.

Frontier appeal

Growing investor interest in frontier jurisdictions with high-grade discoveries and favourable regulation.

Regional Benchmark

High-grade — and at district scale.

MMC's Altan Tal to Dush Uul system stretches 30 km across multiple mineralized centres — and its grades stand well above Oyu Tolgoi, the region's producing benchmark.

Copper (Cu)

MMC (2022)3.68%

Oyu Tolgoi0.96%

Gold (Au)

MMC (2022)107 g/t

Oyu Tolgoi0.34 g/t

Silver (Ag)

MMC (2022)728 g/t

Oyu Tolgoi2.26 g/t

This district-scale footprint, combined with strong Cu–Au–Ag mineralization, suggests the potential for a significantly larger total metal endowment as exploration advances.

Exploration Roadmap

From first drill to public listing.

A staged, capital-efficient programme to convert the Bayantolgod system into a JORC-compliant resource and take MMC public.

Q3 2026

Launch USD 2M drilling program

Commence drilling across priority targets — Copper Hill, UST and the Tourmaline Pipe areas.

Q4 2026

Complete geophysical mapping

Define drill targets through detailed soil sampling and geophysics across the corridor.

Q1 2027

Conduct additional drilling

Expand the campaign into newly defined high-potential anomalies.

Q2 2027

Expand & report resource estimates

Grow the resource base and publish results to the market.

Q3 2027

Prepare NI 43-101 / JORC compliance

Bring exploration data to international reporting standards.

Q4 2027

Finalize resource model

Lock the geological model ahead of the listing process.

Q1 2028

Launch IPO process

Take MMC public on an international mining exchange with complete drill data.

Leadership

Operators who know Mongolia.

A management and exploration team combining decades of in-country experience with international capital-markets expertise.

Lee Cashell

Chief Executive Officer

Extensive experience in Mongolia; founded Asia Pacific Investment Partners with interests in real estate and mining.

Dashdorj Bordukh

Chief Operating Officer

Manages operations, government relations and compliance. Former representative of the Mongolian Chamber of Commerce in Beijing.

Uyanga Altangerel

Executive Director

Executive Director of MMC and its subsidiaries, with a strong background in international business management.

Jigjidsuren Batjargal

Exploration Geologist

Qualified Professional Geologist, certified for metal exploration by the Council of Geological Associations of Mongolia.

Dedkhuu Tserendorj

Chief Exploration Officer

Broad exploration experience across major gold deposits in Bayankhongor, Tuv and Dornogovi provinces.

Tsendsuren Bordukh

Administrative Coordinator

Leads logistics, communications and organizational support to keep exploration operations running smoothly.

Supported by an international advisory bench including consultants from SRK Consulting, Leapfrog3D and veterans of Ivanhoe Mines and Xanadu Mines.

The Ask

$2_{M USD}

Equity raise to fund the comprehensive 2026–2027 drilling program and advance MMC toward a public listing.

63%

Exploration & drilling

Drill campaign across Copper Hill, UST and Tourmaline Pipe (MV-022148).
19%

Payables & licence fees

Outstanding payables and 2025–2026 mining licence fees.
7%

SRK contract & reporting

Independent resource work toward NI 43-101 / JORC compliance.
11%

Operations, salaries & community

Lab analysis, salaries and social responsibility (water-well construction).

Get in touch

Let's discuss the opportunity.

For further details on this investment opportunity, or to arrange a meeting with our management team, reach out directly.

Lee Cashellcashell@apipcorp.com

Mongolian Metals CorporationRegistered in the British Virgin Islands

High-grade discovery in theheart of Mongolia.