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Erdene Resource Development Corp T.ERD

Alternate Symbol(s):  ERDCF

Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other projects include Altan Nar Gold Project, Dark Horse, Ulaan, Zuun Mod, and Khuvyn Khar. The Bayan Khundii Gold Project is located in Bayankhongor province in Mongolia and is comprised of the 2,309 hectares (ha) Khundii mining license. The Altan Nar Gold Project is located in Bayankhongor province in Mongolia, approximately 16 kilometers (km) north of its Bayan Khundii Gold Project. Dark Horse (Khar Mori) gold prospect is situated on the Bayan Khundii license, about three km north of the Bayan Khundii project. The Ulaan exploration license covers an area of approximately 1,780 ha, immediately west of the Khundii mining license. The Zuun Mod property is located in Bayankhongor province.


TSX:ERD - Post by User

Post by gerbaron Apr 15, 2010 8:03pm
331 Views
Post# 16997884

Access Road

Access Road

From Local Newspaper

A Cape Breton company has been awarded the contract to construct an access roadto the Donkin coal mine, according to an island MLA.

Cape Breton West representative Alfie MacLeod said Wednesday the contact wasawarded to Municipal Ready-Mix and work is expected to begin immediately. Thevalue of the contract is more than $1 million.

“The road is approximately 2.5 kilometres long and construction will beginimmediately — this is great news. I am pleased to see things moving forward atthe mine and look forward to the work getting started.”

Xstrata Coal has already invested about $25 million in the mine. Continuedinvestments in tunnel maintenance in the mine could total up to $4 millionannually.

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