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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 RETURNS 68.2 G/T GOLD OVER 3 METRES WITHIN 8.1 G/T GOLD OVER 41 METERS AT ULAAN SOUTHEAST GOLD PROSPECT

2022-06-07 18:40:14

Erdene Resource Development Corporation (ERDN) announced initial results from the first phase of its 2022 drill program at Ulaan Southeast (“Ulaan SE”), located 300 metres west of the Bayan Khundii Gold deposit in southwest Mongolia. The objective of this phase of the program has been met with the confirmation of the continuity of an interpreted high-grade gold-bearing “feeder” structure at the northern end of the Ulaan SE discovery, and expansion of the discovery to the west and at depth.

Testing of the conceptual “feeder” structure in the northern portion of Ulaan SE returned the highest average grade intersection to date at Ulaan SE. In addition, 3 metres of 68.3 g/t gold within 41 metres of 8.1 g/t gold (UDH-35), along with the highest silver grades encountered at Ulaan SE, up to 133g/t over 1 metre.

South of the interpreted “feeder” zone, UDH-36 confirmed continuity of the thick gold mineralized zones established in multiple holes within the Ulaan SE discovery.

Click here for the details.

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