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Quotes f rom the Company: “Erdene is the leading explorer of epithermal and porphyry mineral deposits in the under-explored western Mongolian portion of one of the world’s most prolific gold and copper belts,” said Peter Akerley, Erdene’s President and CEO. “The Ulaan license, as well as the broader Khundii District show potential for significant epithermal gold and porphyry copper discoveries. We look forward to exploring aggressively with our acquisition of the Ulaan license now complete.” “We recently completed a surface sampling program on the Ulaan license in advance of planned drilling in mid Q1 2021,” continued Mr. Akerley. “While we remain focused on advancing the Bayan Khundii Gold Project to production, we will continue to explore adjacent areas as we seek to expand resources in this exciting new gold district.” ....
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. ....