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News

NOVEMBER 07, TRADING REPORT

2024-11-07 15:18:05

Total trade: MNT 21,208,289,093 (USD 6,221,355.28)      

"ERDENET INVEST" INVESTMENT FUND SHAREHOLDER MEETING HELD

2024-11-06 15:58:11

The shareholder meeting for the "Erdenet Invest" Investment Fund was held on October 25, 2024, at 10:00 AM, in a hybrid format (both in-person and online). The meeting took place at the Erdenet Factory Cultural and Art Complex (Mine Worker Cultural Palace) in Bayan-Undur District, Orkhon Province.

News

ERDENE RESOURCE DEVELOPMENT CORP PURCHASES ‘LEADER EXPLORATION’ LLC

2020-12-16 19:10:09

Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) announced 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.

The Ulaan license hosts a very large hydrothermal alteration system, consistent with a porphyry system eroded to just below the base of a lithocap with the following attributes:

  • Intense phyllic (quartz-sericite-pyrite) alteration over an area 3 kilometres in diameter
  • Peripheral gold-copper mineralization associated with tourmaline breccia
  • Gold identified in quartz veins within illite altered volcanics adjacent to the phyllic zone

Click here for the details

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