... drilling results at our neighbouring AltanNar project, and recent high-grade sampling results north of Bayan Khundii, display the tremendous upside potential of this new district.”
During the March ...
... expenditure.
The Canada-based company expects exploration of Ulaan to start before the end of the year while it continues drilling at its Bayan Khundii, AltanNar and Altan Arrow projects.
Erdene has ...
... the very high grades observed in Striker and Midfield,” said Erdene’s president and CEO Peter Akerley.
“In addition to the Bayan Khundii drilling program and those at the neighbouring AltanNar project, ...
Continued drilling success at the AltanNar and Bayan Khundii gold projects in southern Mongolia has prompted Erdene Resource Development Corp to significantly increase its 2017 drilling program. The company ...
... programs are being formulated with work to commence this quarter.
In addition to planned exploration at Ulaan, the company continues with drilling programs at its neighbouring, Bayan Khundii, AltanNar ...
... Zone,” Peter Akerley says.
“In addition, as drilling progresses through Q3, we will move into the untested 3.5km-long gold-in-soil anomaly that continues north to Altan Arrow, and ultimately return to ...
Drilling by Erdene Resource Development Corp at the Bayan Khundii, AltanNar and Altan Arrow gold projects in southwest Mongolia continues to return encouraging results. The program is pushing the boundaries ...
... neighbouring AltanNar Gold-Polymetallic Project, which is 16km northwest of Bayan Khundii.
Meantime, the company has made several changes to its management team in Mongolia, including the hiring of ...
... at Bayan Khundii and an additional 4000 metres on the neighbouring AltanNar and Altan Arrow gold projects.
Two Longyear 44 drill rigs will be operating. The first commenced drilling last week and ...
DRILLING at Erdene Resource Development Corp’s AltanNar Gold-Polymetallic Project has returned strong results, including 110 metres of 9.3 g/t gold, 32 g/t silver and 1.4% combined lead-zinc. This hole ...
... the results of the first phase of drilling during the first quarter.”
The company recently received a report on preliminary metallurgical test work at the Altan Tolgoi deposit within Kharmagtai. The ...
... application. The timeline for these studies will be better defined following the 2017 exploration program, which includes a 24,000 metre drill program at Bayan Khundii, AltanNar and Altan Arrow, with ...
... 24 months from closing and entitles the holder to purchase one share for $1.20 per share.
The company intends to use the net proceeds to advance its high-grade Bayan Khundii and AltanNar gold projects, ...
... Khundii and AltanNar gold projects, and to further explore and develop its other gold properties in southwest Mongolia, as well as for working capital and general corporate purposes.
The closing is ...
... at Bayan Khundii as well as our other targets in the district including AltanNar.”
The latest results support extensive future testing beneath the younger Cretaceous units throughout this trend with ...
Erdene Resource Development Corp has received strong results from drilling at AltanNar Gold-Polymetallic Project and Altan Arrow Gold-Silver Project in southwest Mongolia. The results include 110 metres ...
DRILLING has resumed at Erdene Resource Development Corp’s Bayan Khundii gold and AltanNar gold-polymetallic projects in southwest Mongolia. Erdene has been carrying out extensive studies in the past ...
... of resource expansion and scout drilling along the 5.6km-long mineralized trend at the AltanNar Gold-Polymetallic Project, 19km northwest of Bayan Khundii; and a 500 metre initial drill program to test ...
... that has now been expanded to 9000 metres. This is expected to be completed by the end of the year and as well as Bayan Khundii it will encompass the neighbouring AltanNar and Altan Arrow gold projects. ...