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Erdene Resource Secures Debt Financing for Bayan Khundii Gold Project From Strategic Partner

Erdene Begins Construction at High-Grade Bayan Khundii Gold Project in Mongolia

Erdene Resource Development Corp. is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project (“Bayan Khundii”, “BK” or "Project”) in southwestern Mongolia and the close of the investment by Mongolian Mining Corporation (“MMC”) as part of the Strategic Alliance Agreement (“SAA”) to develop the Khundii Minerals District.

Chengdu
Sichuan
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Mongolia
Erdene
Dornogovi
Mongolian
Bayan-khundii
Tinto-oyu-tolgoi
Peter-akerley
Ukhaa-khudag
Laura-thomsonjan

Erdene Commences Construction at the High-Grade Bayan Khundii Gold Project and Finalizes Strategic Alliance With Mongolian Mining Corporation

HALIFAX, Nova Scotia, Jan. 29, 2024 Erdene Resource Development Corp. is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project in.

Canada
Chengdu
Sichuan
China
Mongolia
Erdene
Dornogovi
Toronto
Ontario
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Tinto-oyu-tolgoi
Peterc-akerley

Erdene Commences Construction at the High-Grade Bayan Khundii Gold Project and Finalizes Strategic Alliance With Mongolian Mining Corporation

Figure 1 Process Plant Foundations and Temporary Facilities – October 2023 Figure 2 Process Plant Foundations and Temporary Facilities – January 2024 Milestone Milestone HALIFAX, Nova Scotia, Jan. 29, 2024 (GLOBE NEWSWIRE) Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project (“Bayan Khundii”, “BK” or "Project”) in southwestern Mongolia and the close

Mongolia
Canada
Erdene
Dornogovi
Toronto
Ontario
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Sichuan
China
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Peter-akerley
Peterc-akerley

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