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Erdene Resource Development Corp.
Summary
| Project: | Khundii | |
|---|---|---|
| Deposit: | Bayan Khundii | |
| Location: | Mongolia | |
| Commodities: | Gold | |
| Date: | 7/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 15-7-2020: Erdene Resource Development Corp. announces an Exploration/Drilling Update report for its Bayan Khundii deposit at the Khundii project. Drilling results incl. 22.1m @ 20g/t Au from 0.9m. Erdene Resource Development Corporation (TSX:ERD | MSE:ER | |
| Resources: | (not mentioned in this report0 | |
| CP/QP: | [Overall Report] Peter Dalton (Internal) | |
| ABSTRACT: | 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 Project (“Project”). “The results from our Q2 2020 exploration program are outstanding, with near-surface, high-grade gold intersections in all the areas targeted,” said Peter Akerley, Erdene’s President and CEO. “Today’s results, combined with those announced recently for the new Midfield SE zone, give us three distinct new highgrade zones to target additional exploration drilling within the Bayan Khundii gold district in Q3 2020.” | |
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