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 16 km from Bayan Khundii. The Report entitled “Khundii Gold Project [...]
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 Financial Statements, MD&A and Annual Information Form, available on the [...]
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 Mori discovery on the Khundii Mining Licence continue to demonstrate the [...]
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 years of mining industry experience, between time spent as a mining [...]
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 from Bayan Khundii. The Technical Report also includes an updated mineral [...]
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 of the Company for maximum proceeds of C$1.6 million. Proceeds of the [...]
Erdene Resource Development Corp. is pleased to announce the commencement of the second phase of the 2019 drill program at the 100%-owned Khundii Gold Project. “The current drill program will follow up on our Q2 2019 program, which discovered high-grade gold in a previously untested area of the Bayan Khundii deposit and intersected 112 metres grading 5.9 g/t gold at Midfield, confirming the continuity of high-grade [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and six months ended June 30th, 2019, and to provide an update on the Khundii Gold Project. This release should be read in conjunction with the Company’s Q2-2019 Financial Statements, MD&A and Annual Information Form, available on the Company’s website or on SEDAR. Quotes from the Company: “The second [...]
Erdene Resource Development Corp. is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia issued Mining License MV-021444 for Erdene’s Bayan Khundii resource on August 5, 2019. Quotes from the Company: “Receipt of the Bayan Khundii Mining License is a major milestone in the development of the high-grade, open-pit Khundii Gold Project,” said Peter Akerley, Erdene’s [...]
Erdene Resource Development Corp. is pleased to announce that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500 . Erdene’s management, directors and employees subscribed for 8% of the Offering. Pursuant to the Offering, Erdene has sold 10,007,500 units of the Company at a price of $0.20 per Unit. Each Unit consists of one common share and one-half of one [...]
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 and Special Meeting of Shareholders held on June 20, 2019 in Halifax, Nova Scotia. Details of the AGM are provided below. “On behalf of the Board of Directors, I would like to thank retiring Chairman Chris Cowan for his enormous contributions to Erdene,&rdquo [...]
Erdene Resource Development Corp. is pleased to invite shareholders and investors to meet its senior management and board of directors at its annual and special meeting to be held at Purdy's Wharf Tower II, 1969 Upper Water Street, Suite 1300, Halifax, Nova Scotia, on June 20, 2019 at 5:00 p.m. . The Meeting will be followed by a corporate presentation and a reception. Shareholders and investors that are unable to attend [...]
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