Erdene Resource Development Corp. is pleased to announce the execution of Strategic Alliance and Investment Agreements with Mongolian Mining Corporation for the development of its Bayan Khundii Gold Project. This Strategic Alliance brings together Mongolia's pre-eminent precious metals explorer with an exceptional national miner in a partnership to [...]
Erdene Resource Development Corp. is pleased to announce completion of the previously announced non-brokered private placement, raising gross proceeds of $7,000,248, led by a $3.4 million investment from Mr. Eric Sprott . "We are pleased to close this financing led by Mr. Sprott, preparing us for a transformational year in 2023," said Mr. Peter [...]
Erdene Resource Development Corp. is pleased to announce that it intends to issue, by way of a non-brokered private placement, up to 22,222,222 units of the Company at a price of $0.27 per Unit , for gross proceeds of up to $6,000,000. Each Unit will consist of one common share and one-half of one common share purchase warrant . Warrants are [...]
Erdene Resource Development Corp. is pleased to announce results from recent drilling at the Dark Horse prospect, located approximately two kilometres north of its Bayan Khundii Gold Project in the Khundii Minerals District in southwest Mongolia. Highlights1 Intersected high-grade, near-surface gold in Dark Horse Mane South 39.6 g/t gold over 6 [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and nine months ended September 30, 2022 and to provide an update on its Khundii Gold District , including its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's Q3 2022 Financial Statements and MD&a [...]
Highlights: Intercepted high-grade, near-surface gold in multiple holes in areas that are expected to provide initial ore feed for the Bayan Khundii Gold Project 29.6 g/t gold over 4m, within 16m of 8 g/t gold 68.0 g/t gold over 2m, within 10m of 14.4 g/t gold 32.6 g/t gold over 2m, within 20m of 10.4 g/t gold 67.5 g/t gold over 1m, within 7m of [...]
Erdene Resource Development Corp. is pleased to announce the execution of an updated Local Cooperation Agreement for its 100% owned Bayan Khundii Gold Deposit, within the Khundii Minerals District in southwest Mongolia, and to provide an update on Environmental, Social and Governance initiatives. Quotes from the Company "For nearly two decades [...]
Erdene Resource is pleased to provide an exploration update for its 100% owned Khundii Gold District in southwest Mongolia, including the identification of several new targets. The ongoing program, focused on southern Ulaan and the greater Dark Horse area, includes diamond and reverse-circulation drilling, prospect level mapping, geochemical [...]
Erdene Resource Development is pleased to announce operating and financial results for the three and six months ended June 30, 2022 and to provide an update on its Khundii Gold District, including its Bayan Khundii Gold Project. This release should be read in conjunction with the Company’s Q2-2022 Financial Statements and MD&A, available on the [...]
Erdene Resource Development is pleased to announce final results from the Q2 2022 drill program at Ulaan Southeast, located 300 m west of the construction ready Bayan Khundii Gold Project. This program expanded known mineralization at the Ulaan SE discovery to the west and at depth, and intersected an interpreted high-grade, gold bearing “feeder [...]
Erdene Resource Development is pleased to announce completion of the previously announced non-brokered private placement, raising gross proceeds of $7,180,106, led by a $2 million investment from Mr. Eric Sprott. Pursuant to the Offering, Erdene sold 23,933,687 units of the Company (the “Units”) at a price of $0.30 per Unit. Each Unit consists of [...]
Erdene Resource Development is pleased to provide its 2022 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit Letter to Shareholders. “Over the past year, we executed upon our mission of developing the Khundii Gold District for the benefit of all stakeholders,” said Peter Akerley, Erdene’s President [...]
