Erdene Resource Development Corp T.ERD

Alternate Symbol(s): ERDCF

Metals & Mining Industrial Metals & Minerals

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.

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Erdene Resource Development Corp

Bullboard Posts

Comment by waterboy2on Mar 07, 2011 1:48pm

458 Views

Post# 18245335

RE: study looks at viability of donkin mine

Thanks for the info Donkin5, much appreciated. Given the fact that this mine has a long history of production I do not expect the PFS to be negative and rather expect a very positive report and a full fledged study in the short term. I also would not be surprised if Xstrata were to fully finance the project in order to get it into production as soon as possible. I guess we will find out within the next 4 weeks where the cards fall.

GLTA

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects