Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended March 31, 2021 and to provide an update on its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's Q1-2021 Financial Statements and MD&A, available on the Company's website or SEDAR. Highlights [...]
Erdene Resource Development Corp. is pleased to report initial assay results from the current exploration drill program confirming the southern extension of the Dark Horse Mane gold prospect. Highlights1: Exploration drilling continues to expand zones of mineralization within the 30 square-kilometre Ulaan-Khundii prospect area Recent drilling [...]
Erdene Resource Development Corp. is pleased to provide an update on exploration at the new Dark Horse gold prospect as well as announcing the launch of an Employment Orientation program and advise on the current COVID-19 situation in Mongolia. Highlights1: Drilled nine scout holes totalling 1,900 metres in February 2021 to define the extent of the [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the year ended December 31, 2020 and to provide an update on its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's 2020 Financial Statements and MD&A, available on the Company's website or SEDAR. Quotes from the [...]
Erdene Resource Development Corp. has agreed to extend the term of the common share purchase warrants issued in connection with a non-brokered private placement, which closed in February 2019, other than those that were issued to insiders. Effective February 28, 2021, 10,265,222 Warrants will have their expiry date extended by three months to May [...]
Erdene Resource Development Corp. is pleased to provide final drill results from its 2020 Dark Horse gold prospect and to announce follow up exploration work on this exciting new prospect. Highlights1: Q4 2020 drilling at Dark Horse delineated a significant new gold discovery • Defined a four kilometre long structure, trending north-south [...]
Erdene Resource Development Corp. is pleased to provide exploration drilling results from its Dark Horse gold prospect. Highlights1: New high-grade, shallow, gold discovery hosted in a 4 kilometre long structure in the western portion of Dark Horse demonstrates potential for significant gold discoveries near the Bayan Khundii deposit: ? AAD-58 [...]
Erdene Resource Development Corp. is pleased to announce the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii Gold deposit, with the purchase of the remaining 49% interest in Leader Exploration LLC, a private Mongolian company. Highlights: • Ulaan is one of multiple porphyry and epithermal targets [...]
Erdene Resource Development Corp. has agreed to extend the term of 11,314,580 common share purchase warrants that were issued in connection with a non-brokered private placement, which closed in June 2018. Effective December 8, 2020, these Warrants will have their expiry date extended by three months to March 8, 2021. The exercise price of $0.60 [...]
Erdene Resource Development Corp. is pleased to report final results from the first 10,000-metre phase of its 18,000-metre Khundii Gold District drill program, including multiple high-grade gold intersections in areas adjacent to the planned Bayan Khundii economic pit. Highlights1: High-grade gold intersections in a new zone at Striker West, 200 [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and nine months ended September 30, 2020 and to provide an update on the Bayan Khundii Gold Project. This release should be read in conjunction with the Company’s Q3-2020 Financial Statements, MD&A and Annual Information Form, available on the [...]
Erdene Resource Development Corp. is pleased to announce that it has executed a mandate letter with Export Development Canada for an up to US$55 million senior secured debt facility to develop the Bayan Khundii Gold Project in southwest Mongolia. EDC’s financing for the Project is conditional upon the satisfactory completion of due diligence, which [...]