Erdene Resource Development Corp. is pleased to announce completion of an independent Environmental and Social Impact Assessment for the 100%-owned, high-grade, open-pit Khundii Gold Project in southwest Mongolia. The ESIA was prepared in accordance with the Performance Requirements of the European Bank for Reconstruction and Development by [...]
Erdene Resource Development Corp. announces operating and financial results for the three months ended March 31, 2020, and provides an update on the Company’s Bayan Khundii Gold Project, including impacts of the novel coronavirus . This release should be read in conjunction with the Company’s Q1-2020 Financial Statements, MD&A and Annual [...]
Erdene Resource Development Corp. announces operating and financial results for the year ended December 31, 2019, and provides an update on its Khundii Gold Project, including potential impacts of the novel coronavirus. This release should be read in conjunction with the Company’s 2019 Financial Statements and MD&A, available on the [...]
Erdene Resource Development Corp. is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia issued mining license MV-021547 for the Altan Nar project. The mining license is valid for 30 years, with an option to extend for up to a total of 70 years. The Altan Nar mining license is the second mining license recently granted [...]
Erdene Resource Development Corp. is pleased to report results from the Q4-2019 exploration program on its Altan Nar, Khundii and Ulaan licenses. “We are very encouraged by the results of the December 2019 drilling at Altan Nar which returned multiple shallow intersections in excess of 50 g/t gold,” said Peter Akerley, Erdene’s [...]
Erdene Resource Development Corp. announces commencement of an independent Bankable Feasibility Study and Front-End Engineering and Design work for the Khundii Gold Project , to be delivered by a consortium of International and Mongolian consultants. Furthermore, the Company is pleased to provide an update on recent technical, permitting and [...]
Erdene Resource Development Corp. is pleased to announce the filing on SEDAR of the independent Technical Report for its 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia, including a Pre-Feasibility Study for its Bayan Khundii Gold Deposit and an updated Preliminary Economic Assessment for its Altan Nar Deposit , located [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and nine months ended September 30, 2019, and to provide an update on its recently announced financing led by the European Bank for Reconstruction and Development . This release should be read in conjunction with the Company’s Q3-2019 [...]
Erdene Resource Development Corp. is pleased to provide results from the second phase of the 2019 gold exploration program, and to announce the commencement of the Q4 2019 drill program at its 100%-owned Khundii Gold Project. “Our exploration results, including the successful step-out drilling at the Bayan Khundii deposit and the new Khar [...]
Erdene Resource Development Corp. is pleased to announce the appointment of Hedley Widdup to the Company’s Board of Directors. Mr. Widdup is an Executive Director of Lion Manager Pty and will serve as a non-executive, independent member of the Erdene board. “We are delighted to welcome Hedley to our Board. He brings with him almost 20 [...]
Erdene Resource Development Corp. is pleased to announce the results of an independent Technical Report for the 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia, including a Pre-Feasibility Study for its Bayan Khundii Gold Deposit and an updated Preliminary Economic Assessment for its Altan Nar Deposit , located 16 km [...]
Erdene Resource Development Corp. is pleased to announce a C$8 million financing package, led by the European Bank for Reconstruction and Development . Erdene has entered into a definitive Loan Agreement for a US$5 million Convertible Loan with the EBRD. Additionally, Erdene intends to complete a coincident non-brokered private placement of units [...]