Highlights1: Drilling commenced at Bayan Khundii on Monday, August 17 with a second drill rig scheduled to be operating the week of August 24 Phase I includes ~ 8,700 metres of drilling at Bayan Khundii (“BK”) and Dark Horse The first drill rig is focused on BK with drill plans for ~ 4,800 metres in [...]
HALIFAX, Nova Scotia, July 23 (Korea Bizwire) – Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce a non-brokered private placement of approximately C$20 million (“Private Placement”), led by a $15 million strategic investment from Mr. Eric Sprott. Paradigm Capital acted as lead financial advisor to Erdene on the transaction. Haywood [...]
HALIFAX, Nova Scotia, July 20 (Korea Bizwire) – Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“) is pleased to announce the results of an independent Bankable Feasibility Study (“BFS”) for the 100%-owned, high-grade, open-pit Bayan Khundii Gold Project (“BK” or “Project”) in southwest Mongolia. The independent BFS was prepared in accordance with National Instrument 43-101 [...]
HALIFAX, Nova Scotia, July 20 (Korea Bizwire) – Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“), will be hosting a conference call to review results of the Bankable Feasibility Study (“BFS”) for its 100%-owned Bayan Khundii Gold Project, to be announced after market close today. The conference call is scheduled for 10:00 am ET on [...]
HALIFAX, Nova Scotia, July 15 (Korea Bizwire) – Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce drilling results from the Striker Southwest zone and exploration results for the new Dark Horse gold prospect, discovered 3.5 km north of the Bayan Khundii gold deposit, on the Company’s 100%-owned Bayan Khundii Gold [...]
HALIFAX, Nova Scotia, July 7 (Korea Bizwire) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce drilling results from the Midfield Southeast zone of the Company’s 100%-owned Bayan Khundii Gold Project (“Project”). “We are exceptionally pleased with drill results from the new Midfield Southeast zone, including one metre [...]