For thousands of other reports visit RSC's Mineral Intellingence Map

Erdene Resource Development Corp.

opaxe

Summary

Project:

Bayan Khundii

Deposit:Bayan Khundii
Location:Mongolia
Commodities:Gold
Date:6/29/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-6-2017: Erdene Resource Development Corp. announces an Exploration/Drilling Update report for its Bayan Khundii deposit at the Bayan Khundii project. Drilling results incl. 131.4m @ 1.77g/t Au from 21.5m. Halifax, Nova Scotia – June 29, 2017 – Erdene R
Resources:x
CP/QP:[Overall Report]: Michael MacDonald (Internal)
ABSTRACT:Halifax, Nova Scotia – June 29, 2017 – Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce results from the Company’s 2017 drill program at its 100% owned Bayan Khundii Gold Project (“Bayan Khundii”) in southwest Mongolia. “Drilling under cover, north and northeast of the Midfield Zone has successfully extended gold mineralization in a series of holes trending towards the Northeast Zone while follow-up drilling between Striker and Midfield continues to demonstrate down-dip continuity of Midfield mineralization,” said Peter Akerley, Erdene’s President and CEO. “The 2017 drill program has now established continuity of significant gold mineralization over a 1.3 kilometre long trend that is locally up to 450 metres wide and remains open. We are roughly half way through our initial 2017 drill program with results continuing throughout Q3 2017.”

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report