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

Erdene Resource Development Corp. is pleased to announce the execution of debt finance agreements for up to US$80 million with Mongolian Mining Corporation to fund construction of the high-grade, open-pit Bayan Khundii Gold Project in southwestern. - Veroeffentlicht am 08.02.2024

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.

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

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

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