Erdene Resource Development Corp. is pleased to announce approval of the Detailed Environmental Impact Assessment for the Bayan Khundii Gold Project by the Ministry of Environment and Tourism of Mongolia. With receipt of the DEIA approval, the Company will commence preparatory works for the construction of the Bayan Khundii Gold Project. Quotes from the Company "We are very pleased to receive approval of the Bayan Khundii [...]
Erdene Resource Development Corp. is pleased to announce results from the follow-up drill program at Dark Horse Mane, 2.4 kilometres north of the construction-ready Bayan Khundii Gold Project. This drilling program confirmed a high-grade oxide gold zone starting at surface, open at depth and along strike. Highlights Intersected high-grade gold, in near surface oxide zone in southern Dark Horse Mane: ADD-146: 17 metres of [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended September 30, 2021, and to provide an update on its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's Q3 2021 Financial Statements and MD&A, available on the Company's website or SEDAR. Highlights: Recent exploration results indicate Bayan Khundii, Ulaan, and Dark [...]
Erdene Resource Development Corp. is pleased to announce assay results from four holes in the South Ulaan gold discovery expansion drill program. Today's results confirm thick sequences of high-grade gold mineralization continue west of the initial discovery. Highlights Drilling expands mineralization at South Ulaan to the west, with multiple thick gold mineralized zones with high-grade intersections: UDH-21: 77 metres of [...]
Erdene Resource Development Corp. is pleased to announce the closure of an over-subscribed private placement offering of Common Shares on the Mongolia Stock Exchange for gross proceeds of approximately US$5 million from 1,867 institutional and private Mongolian investors. Quotes from the Company and the MSE "We are very pleased to add to our substantial Mongolian investor base with the closure of this MSE financing," said [...]
Erdene Resource Development Corp. is pleased to announce results from follow-up drilling at the recent Ulaan gold discovery, located 300 metres west of the Bayan Khundii gold deposit. Results for the first five drill holes, totaling 1,803 m, are included herein. Further assay results are expected to be released in early Q4. Highlights Intersected the broadest intervals of mineralization in the Khundii Gold District to [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended June 30, 2021, and to provide an update on its Bayan Khundii Gold Project, including the results of an updated Mineral Resource Estimate. This release should be read in conjunction with the Company's Q2 2021 Financial Statements and MD&A, available on the Company's website or SEDAR. Highlights: Recent [...]
Erdene Resource Development Corp. is pleased to announce results from its maiden drill program on the southern portion of its 100%-owned Ulaan exploration license. The program returned a significant new gold discovery 300 metres west of the Bayan Khundii deposit. Follow-up drilling on the Ulaan license is currently underway. Highlights Significant gold discovery at Ulaan, 300 metres west of the Bayan Khundii Gold Deposit [...]
Erdene Resource Development Corp. is pleased to announce the execution of a Local Cooperation Agreement with the Bayankhongor Provincial Government, the host community for its 100%-owned Bayan Khundii Gold Project and all exploration and mining licenses within the Khundii Gold District. Quotes from the Company "Executing the Local Cooperation Agreement is a significant milestone for the Bayan Khundii Gold Project," said [...]
Erdene Resource Development Corp. is pleased to announce assay results from Q2 2021 drilling at the recently discovered Dark Horse prospect within its 100%-owned Khundii Mining License. Highlights Multiple holes intersected high-grade mineralization along strike and down dip in the southern portion of Dark Horse Mane, 3.5 kilometres north of the Bayan Khundii Gold deposit: AAD-124 returned 27 metres of 5.86 g/t gold [...]
Erdene Resource Development Corp. has initiated a strategic review of its 100%-owned1 Khuvyn Khar Molybdenum-Copper Project in southwest Mongolia, located 30 kilometres east of the Khundii Gold District. The Khuvyn Khar license hosts the Zuun Mod Molybdenum-Copper deposit, one of the largest undeveloped molybdenum-copper resources in Asia, as well as multiple copper and molybdenum prospects. Project Highlights Erdene [...]
Erdene Resource Development Corp. is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual Meeting of Shareholders held on June 23, 2021 in Halifax, Nova Scotia. Details of the Meeting are provided below. Appointment of Board and Executive At the Meeting, shareholders voted in favour of Erdene management's nominees to the board of directors, with details [...]