Erdene Resource Development Corp.

Erdene Resource Development Corp. is pleased to announce the execution of an up to US$50 million working capital facility with Trade and Development Bank of Mongolia by Erdene Mongol LLC to fund commissioning and ramp up of the high-grade, open-pit Bayan Khundii Gold Project , under development with Mongolian Mining Corporation . Additionally, the Company is pleased to provide an update on recent warrant exercises. Peter [...]

Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended September 30, 2024, and to provide an update on progress at the Bayan Khundii Gold Project , being developed with Mongolian Mining Corporation . This release should be read in conjunction with the Company's Q3-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company's [...]

Erdene Resource Development Corp. is pleased to report drill results targeting areas outside of the currently defined reserve at the Bayan Khundii gold project, under development with Mongolian Mining Corporation and scheduled to produce first gold in mid-2025. Bayan Khundii Gold Project Expansion Drilling During Q3 2024, Erdene Mongol LLC , a company jointly owned by Erdene and MMC, completed a six-hole diamond drilling [...]

Erdene Resource Development Corp. is pleased to provide results from shallow drilling within the initial mining areas of the Bayan Khundii orebody and to provide an update on mine development for the Bayan Khundii Gold Project currently under construction. The BK Project is being developed by Erdene Mongol LLC , a company jointly owned by Erdene and its partner, Mongolian Mining Corporation . Peter Akerley, Erdene's [...]

Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended June 30, 2024, and to provide an update on progress at its Bayan Khundii Gold Project , being developed with Mongolian Mining Corporation . This release should be read in conjunction with the Company's Q2-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company's website [...]

Erdene Resource Development Corp. is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual General Meeting of Shareholders held on June 20, 2024 in Halifax, Nova Scotia. Details of the Meeting are provided below. Appointment of Board and Executive At the Meeting, shareholders voted in favour of Erdene management's nominees to the board of directors, with [...]

Erdene Resource Development Corp. is pleased to publish its 2024 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit: Letter to Shareholders Peter Akerley, Erdene's President and CEO stated, "The past year has been transformative for our Company. As outlined in my letter to fellow shareholders, we closed the Strategic Alliance with Mongolian Mining Corporation, commenced [...]

Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended March 31, 2024, and to provide an update on progress at its Bayan Khundii Gold Project , being developed with Mongolian Mining Corporation . This release should be read in conjunction with the Company's Q1-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company's website [...]

Erdene Resource Development Corp. is pleased to announce operating and financial results for the year ended December 31, 2023, and to provide an update on progress at its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's 2023 Financial Statements and MD&A, available on the Company's website and SEDAR+. Peter Akerley, Erdene's President and CEO stated, "The past year was a [...]

Erdene Resource Development Corp. is pleased to announce the execution of debt finance agreements for up to US$80 million with Mongolian Mining Corporation to fund construction of the high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia. Peter Akerley, Erdene's President and CEO stated, "We are very pleased to close the financing for the Bayan Khundii Gold Project with our strategic partner MMC [...]