Erdene Resource Development Corporation

0.2

Canada & Nova Scotia Dartmouth

99 Wyse Road, Suite 1480

+1 902 423-6419

www.erdene.com

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Company Resources

Project : Khundii
Deposit : Khundii
Date : Dec 18, 2018
Report Code : NI43-101 Report Type: PEA
Download: View this Report
Commodities : Gold
Report Details: PEA results incl. post-tax NPV (5%) of US$99M, IRR of 56%
Resources:
CP/QP: [Overall Report]: Igor Bojanic (RPMGlobal Ltd.)

Company Press Releases

Erdene Provides Second Quarter Financial and Khundii Gold Project Update - High-Grade Gold Results From Q2 Drill Program Incorporated Into PFS

HALIFAX, Nova Scotia, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") 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 quarter of 2019 was another succ...

Erdene Secures Mining Licence for the High-Grade Bayan Khundii Gold Project

HALIFAX, Nova Scotia, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia (“MRPAM”) 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 President an...

Erdene Closes $2 Million Private Placement

HALIFAX, Nova Scotia, July 10, 2019 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500 (the “Offering”). 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 (the “Units”) at a price of $0.20 per Unit. Each Unit consists of one common share and on...

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