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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.


TSX:ERD - Post by User

Erdene Resource Development Corp
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Post by waterboy2on Aug 09, 2011 9:08am
283 Views
Post# 18920825

Done Deal

Done Deal

Xstrata assumes control of First Coal Corporation

Tuesday, 09 Aug, 2011

Xstrata Coal confirms First Coal Corporation is now a wholly owned subsidiary of Xstrata Coal Canada, following successful

completion of the plan of arrangement on 4 August.

The purchase of First Coal, for an all cash consideration of CAD 147 million (USD 153 million), provides Xstrata Coal with

access to coking coal exploration leases in British Columbia, Canada

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities