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Bullboard - Stock Discussion Forum Erdene Resource Development Corp T.ERD

Alternate Symbol(s):  ERDCF

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... see more

TSX:ERD - Post Discussion

Erdene Resource Development Corp > Erdene Provides Khundii Gold District Exploration Update
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Post by Betteryear2 on Apr 13, 2022 7:01pm

Erdene Provides Khundii Gold District Exploration Update

HALIFAX, Nova Scotia, April 13, 2022 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) (“Erdene” or the “Company”) is pleased to announce commencement of the first phase of its 2022 exploration program at its Khundii Gold District (the “District”) in southwest Mongolia. The program will focus on expanding high-grade gold mineralization discovered in 2021 at the Ulaan and Dark Horse discoveries at the Bayan Khundii Gold Project (“Bayan Khundii”), confirming continuity at the Altan Nar Gold Project, and testing near-surface, high-grade oxide gold targets across the District. The first phase of the program will include approximately 10,000 metres of diamond and 3,000 metres of rotary air blast (RAB) drilling.
 

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