Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) announces the conclusion of and the initial results from the first phase of its 18,000 metre Khundii Gold District drill program.
The Drill program's first phase demonstrated a high probability of resource expansion for the Bayan Khundii Gold Project as a result of intersections in multiple holes. The second phase of the 2020 drilling program will include further expansion drilling at Bayan Khundii and Altan Nar and exploratory drilling at the Dark Horse, Altan Arrow, and the Ulaan prospects.
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