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Erdene Consolidates Khundii Gold District - Acquires 100% of the Ulaan Exploration License

Erdene Resource Development Corp. is pleased to announce the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii Gold deposit, with the purchase of the remaining 49% interest in Leader Exploration LLC, a private Mongolian company. Quotes f rom the Company: “Erdene is the leading explorer of epithermal and porphyry mineral deposits in the under-explored western Mongolian … Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (” Erdene ” or the “Company”) is pleased to announce the acquisition of a 100% interest in the Ulaan exploration license, adjacent to its Bayan Khundii Gold deposit, with the purchase of the remaining 49% interest in Leader Exploration LLC, a private Mongolian company.

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