Company Press Releases

Erdene Consolidates Khundii Gold District - Acquires 100% of the Ulaan Exploration License

2020-12-10 / @nasdaq

HALIFAX, Nova Scotia, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii Gold depos...Read More

Erdene Announces Three Month Extension to Warrants

2020-11-24 / @nasdaq

HALIFAX, Nova Scotia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") has agreed to extend the term of 11,314,580 common share purchase warrants ("Warrants") that were issued in connection wit...Read More

Erdene's Drilling Expands Gold Mineralization in Multiple Zones Adjacent to the Bayan Khundii Gold Deposit

2020-11-17 / @nasdaq

HALIFAX, Nova Scotia, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to report final results from the first 10,000-metre phase of its 18,000-metre Khundii Gold District drill...Read More

Erdene Provides Third Quarter Financial and Bayan Khundii Gold Project Update

2020-11-09 / @nasdaq

HALIFAX, Nova Scotia, Nov. 09, 2020 (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 nine months ended September 30, 2020 and to provide an upda...Read More

Erdene Executes Project Finance Mandate Letter With Export Development Canada for Bayan Khundii Gold Project

2020-11-05 / @nasdaq

HALIFAX, Nova Scotia, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it has executed a mandate letter with Export Development Canada (“EDC”) for an up to US$55...Read More

Erdene Intersects High-Grade Gold in Maiden Drilling at Dark Horse Prospect

2020-10-26 / @nasdaq

HALIFAX, Nova Scotia, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to provide exploration results for its Dark Horse gold prospect, as part of the first phase of its 18,000-...Read More

Erdene Announces Conversion of EBRD Convertible Loan and Provides Bayan Khundii Gold Project Update

2020-10-13 / @nasdaq

HALIFAX, Nova Scotia, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") announces that the European Bank for Reconstruction and Development (“EBRD” or “Bank”) has exercised its...Read More

Erdene Intersects High-Grade Gold at Bayan Khundii Project Confirming Resource Expansion Potential

2020-10-01 / @nasdaq

HALIFAX, Nova Scotia, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) announces the conclusion of and the initial results from the first phase of its 18,000 metre Khundii Gold District dr...Read More

Erdene Delivers Bayan Khundii Gold Project Feasibility Study

2020-09-02 / @nasdaq

HALIFAX, Nova Scotia, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the filing on SEDAR of the independent Feasibility Study (“Feasibility Study” or “FS&#x...Read More

Erdene Commences 18,000 Metre Drill Program at the Khundii Gold District

2020-08-18 / @nasdaq

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 plan...Read More

Erdene Provides Second Quarter Financial and Bayan Khundii Gold Project Update

2020-08-17 / @nasdaq

HALIFAX, Nova Scotia, Aug. 17, 2020 (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 30, 2020 and to provide an update on...Read More

Erdene Closes $20 Million Financing to Advance Exploration and Development of the Khundii Gold District Led by $15 Million Strategic Investment From Eric Sprott

2020-08-12 / @nasdaq

HALIFAX, Nova Scotia, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce the closing of the previously announced non-brokered private placement of approximately C$20 m...Read More

Erdene Provides Update on Private Placement

2020-07-30 / @nasdaq

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS HALIFAX, Nova Scotia, July 30, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD...Read More

Erdene Announces $20 Million Financing Led by $15 Million Strategic Investment From Eric Sprott

2020-07-23 / @nasdaq

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS       HALIFAX, Nova Scotia, July 23, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Develo...Read More

Erdene Announces Conference Call to Discuss the Bayan Khundii Project Bankable Feasibility Study Results

2020-07-20 / @nasdaq

HALIFAX, Nova Scotia, July 20, 2020 (GLOBE NEWSWIRE) -- 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 Baya...Read More

Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project

2020-07-20 / @nasdaq

NI 43-101 Technical Report Highlights (US$1,400/oz Gold Price) Base Case after-tax Net Present Value of US$100 million (NPV5%) and 42% Internal Rate of Return (IRR), increasing to US$216 million and 77% IRR, respectively, at current gold price of US$1,800/ozLife of Mine Earnings Before Inte...Read More

Erdene Confirms Three New Near-surface, High-Grade Gold Zones at Khundii Gold Project

2020-07-15 / @nasdaq

Highlights: Q2 2020 exploration program returned outstanding results with near-surface, high-grade gold intersections in all targeted areas; Midfield SE, Striker SW and Dark HorseIntersected anomalous gold in all 11 holes in a 100m x 50m area, within 25 metres of surface at Striker SW ...Read More

Erdene Intersects 5.5 Metres of 126 g/t Gold Including 1 Metre of 582 g/t Gold at New Bayan Khundii Zone And 15 Metres of 26 g/t Gold Including 1 Metre of 338 g/t Gold

2020-07-07 / @nasdaq

HALIFAX, Nova Scotia, July 07, 2020 (GLOBE NEWSWIRE) -- 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 Khu...Read More

Erdene Announces Results of Annual and Special Meeting of Shareholders

2020-06-25 / @nasdaq

HALIFAX, Nova Scotia, June 25, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company&a...Read More

Erdene Provides Bayan Khundii Gold Project Drilling Update

2020-06-18 / @nasdaq

HALIFAX, Nova Scotia, June 18, 2020 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to provide a drilling update for the Company’s 100%-owned Khundii Gold Project. “The current...Read More

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