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 Meeting of Shareholders held on June 23, 2021 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 details [...]
Erdene Resource Development Corp. is pleased to report the commencement of drilling on the Ulaan Gold Target, located 350 metres west of the Bayan Khundii Gold deposit. Quotes from the Company: "We are excited to test the potential of the southern portion of the Ulaan license area following the acquisition of 100% of the property in late 2020," said Peter Akerley, Erdene's President and CEO. "This license, adjacent our [...]
Erdene Resource Development Corp. is pleased to provide an update on the Dark Horse gold prospect including reporting of remaining assay results from its Q2 2021 drill program. Dark Horse, a recent near-surface gold discovery, is located 3.5 kilometres north of the Company's flagship Bayan Khundii project. The Q2 2021 drilling program consisted of 37 drill holes totaling 3,757 metres, including 27 drill holes totaling [...]
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: Advancing Bayan Khundii Gold Project towards construction Completed [...]
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 extended the near-surface, high-grade gold zone at the southern end of Dark [...]
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 delineation program at the main Dark Horse Prospect Holes AAD-65 to [...]
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 Company: "Despite the impact of COVID-19 on the global economy over the past [...]
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 28, 2021. The exercise price of $0.50 and all other terms of the Warrants [...]
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 , extending from the Bayan Khundii deposit in the south to the Altan Arrow [...]
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 returned 45 metres of 5.97 g/t gold beginning at 10 metres down-hole, including [...]
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 in the Khundii District • The Ulaan license hosts a very large [...]
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 and all other terms of the Warrants remain unchanged. About Erdene [...]
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