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.

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Erdene Resource Development Corp > new to this company

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Comment by fruitvale3067on Oct 21, 2024 12:03pm

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RE:RE:RE:RE:RE:new to this company

In a recent interview the CEO layed out future plans including their other depodits. Darkhourse ore will be shipped to the mill currently being built. Another deposit (altan Nar) I belive could be a stand alone project with another mill. Lastly is Zunn Mod which the company retained 100% ownership. Yes still more exploration to be done on all of these for sure all of them look very promising. If I'm not mistaken the company just hired a Geologist welll versed in Mongolin geomotrey., so the actively looking fo more.

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