Erdene Resource Development Corp.

Erdene Resource Development Corp. is pleased to announce operating and financial results for the year ended December 31, 2022, and to provide an update on its Khundii Minerals District , including its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's 2022 Financial Statements and MD&A, available on the Company's website and SEDAR. Quotes from the Company: "Our 2022 exploration [...]

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 unlock the riches of the Khundii Minerals District . Highlights MMC is [...]

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 Akerley, Erdene's President and CEO. "These funds will allow us to complete [...]

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 exercisable by the holder into one common share of the Company within two years [...]

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 metres within 12 metres of 20.2 g/t gold 34.4 g/t gold over 3 metres within 11 [...]

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, available on the Company's website and SEDAR. Quotes from the Company: "During [...]

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 11.8 g/t gold 39.6 g/t gold over 1m, within 10m of 5.7 g/t gold HALIFAX, Nova [...]

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 has been the leading explorer and developer in Bayankhongor Province [...]

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 sampling and interpretation of geophysical, structural and geologic information [...]

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 Company’s website and SEDAR. “During the second quarter, we made further [...]