Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) (“Erdene” or the “Company”) is pleased to announce the commencement of exploration at the Dark Horse Gold prospect, located approximately two kilometers north of its Bayan Khundii Gold Project in the Khundii Minerals District in southwest Mongolia.
“The current program will test a number of near-surface targets in the 20 square kilometers greater Dark Horse prospect area, outside the main mineralized zone, that have the potential to host high-grade gold mineralization.” “Located just two kilometers north of the main Bayan Khundii gold deposit, ore from Dark Horse is expected to provide flexibility in managing high-grade ore feed at the Bayan Khundii gold processing plant,” continued Mr. Akerley. “Growing high-grade gold resources at Dark Horse will strengthen the already strong economics of the Bayan Khundii gold project, which is slated to break ground in the coming weeks.
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