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Erdene Provides Update on the Bayan Khundii Gold Project

Bayan Khundii Gold Project - Site Plan 650,000 TPA CIP Plant Designed to Produce ~85,000 oz Au Annually Bayan Khundii Gold Project 1,800 tpd CIP Process Plant Bayan Khundii Gold Project Process Plant Early Works Construction Bayan Khundii Gold Project Earthworks and Temporary Construction Infrastructure HALIFAX, Nova Scotia, Sept. 12, 2023 (GLOBE NEWSWIRE) Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company”) is pleased to provide an update on progress at its high-

Erdene Announces Positive Updated Feasibility Study for the Bayan Khundii Gold Project

NI 43-101 Technical Report Highlights Base Case after-tax Net Present Value of US$170 million and 35.3% Internal Rate of Return , increasing to US$196 million and 38.95% IRR, respectively, at current gold price of US$1,900/oz Life of Mine Earnings. - Veroeffentlicht am 15.08.2023

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