Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) announces the conclusion of results for its Dark Horse gold prospect, as part of the first phase of its 18,000-metre Khundii Gold District drill program. To date, the Company has received assay results for approximately 3,600 meters of the 10,000 metres drilled in the first phase.
Through this drilling program:
- AAD-48 – returned 30.6 g/t gold over 1 metre, within a 7-metre zone of highly anomalous gold (up to 0.2 g/t), beginning 27 metres from the surface.
- AAD-41 – intersected 10.8 g/t gold over 1 metre, below trench KMD-03 at a vertical depth of 29 metres, 1.25 kilometres east of AAD-48.
Phase II drilling is scheduled to commence on the Dark Horse prospect in early November.
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