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Erdene Resource Development Corp.
Summary
| Project: | Bayan Khundii | |
|---|---|---|
| Deposit: | Bayan Khundii | |
| Location: | Mongolia | |
| Commodities: | Gold | |
| Date: | 7/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-7-2018: Erdene Resource Development Corp. announces an Exploration/Drilling Update report for its Bayan Khundii deposit at the Bayan Khundii project. Drilling results incl. 81.4m @ 2.59g/t Au from 102.6m. Halifax, Nova Scotia – July 5, 2018 - Erdene Res | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael MacDonald (Internal) | |
| ABSTRACT: | Halifax, Nova Scotia – July 5, 2018 - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to report results for the third series of drill holes from its Q2-2018 drill program at its 100%-owned Bayan Khundii Gold Project (“Bayan Khundii”) in southwest Mongolia. “The final results from our Q2 Bayan Khundii drill program have successfully confirmed both strike and depth extensions of mineralized zones throughout the Bayan Khundii gold system which will aid the resource estimation exercise,” said Peter Akerley, Erdene’s President and CEO. “We have now commenced work on the maiden independent Bayan Khundii mineral resource. In addition, on-going exploration work on our exploration licenses in the surrounding Khundii Gold District, including a current drilling program in the central part of the greater Bayan Khundii license, continues to provide encouraging results, which bodes well for future discovery of additional mineralization within the newly-defined Khundii Gold District.” | |
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