Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) (“Erdene” or the “Company”) is pleased to announce the commencement of drilling at its 100% owned Zuun Mod molybdenum-copper porphyry project in southwest Mongolia, located within the Khundii Minerals District, 35 kilometers east of the Bayan Khundii Gold Project.
Significant exploration, metallurgical studies, engineering, and hydrogeological work have been completed at Zuun Mod, preparing the project for an economic assessment focused on the NI 43-101 deposit area. The Q2 program will advance those efforts, providing data to update the various technical studies with an additional 4,000 meters of diamond drilling. This first phase of the drill program, targeting 2,500 meters, is designed to identify areas at the fringes of the currently defined resource, where larger-scale expansion drill programs could materially increase resources.
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