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News

WEEKLY TRADING REPORT

2021-10-25 02:36:18

During the week of October, 18 2021 to October 22, 2021, an average of MNT 400,203,292 worth of securities were traded on the MSE.

OCTOBER 22, 2021 TRADING REPORT

2021-10-22 06:50:03

On October 22, 2021, total of 785,711 securities worth MNT 383,021,302.44 were conducted.

ERDENE RESOURCE DEVELOPMENT CORP. PRESENTS RESULTS FROM SOUTH ULAAN GOLD DISCOVERY EXPANSION DRILL PROGRAM

2021-10-21 11:42:25

Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) has announced assay results from four (4) holes in the South Ulaan gold discovery expansion drill program.

News

ERDENE ANNOUNCES 2020 FINANCIAL RESULTS AND PROVIDES BAYAN KHUNDII GOLD PROJECT & EXPLORATION UPDATES

2021-03-19 15:33:44

Erdene Resource Development Corp. (MSE:ERDN) announced operating and financial results for the year ended December 31, 2020 and to provide an update on its Bayan Khundii Gold Project.

“Despite the impact of COVID-19 on the global economy over the past year, our Company made significant progress executing on our two-pronged strategy of advancing the Bayan Khundii Gold Project towards development while expanding high-grade gold resources in our Khundii Gold District,” said Peter Akerley, Erdene’s President and CEO.
“Based on the strong economics of the high-grade, open-pit, BK Gold Project, outlined in the Feasibility Study delivered in August, we have commenced project finance and construction readiness,” continued Mr. Akerley. “In October we signed a mandate letter with Export Development Canada (“EDC”) to provide the majority of the capital required to build the mine and due diligence is progressing well. Construction readiness activities including detailed engineering continues as we seek to fast track this foundational project. A construction decision is expected in mid-2021, contingent upon the impact of the COVID-19 pandemic.” “Exploration results from our 2020 Khundii District Gold drill program were very positive,” added Mr. Akerley. “We intersected multiple zones of high-grade gold around the BK economic pit that are being incorporated into an updated resource, scheduled to be finalized in Q2 2021.”

Click here to see financial report.

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