Erdene Resource Development (TSX: ERD)
Announced an updated mineral resource estimate for its 100% owned Zuun Mod molybdenum-copper porphyry project, located in the Khundii Minerals District, in southwestern Mongolia.
The updated resource estimate, when compared to the previous, demonstrates a significant increase. Continue reading
Erdene Resource Development (TSX: ERD)
Erdene has just poured first gold on its Mongolian gold project, Bayan Khundi.
The company are looking to self fund an intensive exploration round whilst rapidly paying down debt during the next 12 months.
The first target is a production rate of around 7,000 Oz gold per month within a few months from now. Continue reading
