Erdene Resource Development Corp T.ERD

Alternate Symbol(s): ERDCF

Metals & Mining Industrial Metals & Minerals

Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration and development of precious and base metals in underexplored and highly prospective Mongolia. It has interests in three mining licenses and an exploration license in Southwest Mongolia. Its projects include Khundii Minerals District, Bayan Khundii Gold Project, Altan Nar, Greater Dark Horse, Ulaan, Zuun Mod and Khuvyn Khar. Its projects are located in the eastern portion of the Central Asian Orogenic belt. The Bayan Khundii mining license covers 2,309 hectares and, in addition to the Bayan Khundii high-grade gold deposit, includes its highly prospective 20 square kilometers greater Dark Horse prospect area, including the Dark Horse Mane high-grade gold discovery. The Zuun Mod Molybdenum-Copper Project is a porphyry molybdenum-copper deposit. The Altan Nar mining license covers 4,669 hectares. The central and northern portion of the Ulaan license hosts a porphyry copper prospect.

TSX:ERD - Post by User

Erdene Resource Development Corp

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Comment by mining4dollarson Oct 11, 2015 8:55pm

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Post# 24183915

RE:RE:ERD in Focus - CEO.CA

Bonanza grade on surface. These epithermal gold vein projects have the potential to be very high grade. I'm a bit biased but I've been picking away at www.westhavenventures.com . They are about to drill a epithermal gold project soon. President is in the Canada Mining hall of fame, owns 30% of the stock and doesn't even take a salary. Only way he'll make any money is if he hits big...like he's done before. He had a stock go from 50cents to 50 dollars before. Worth checking out if you want to take a gamble on a proven explorer drilling for high grade gold. Good luck.

Erd's new discovery looks exciting. Not a fan of Mongolia though.

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