Launched first phase of the 2022 exploration program, targeting 10,000 metres of diamond and 3,000 metres of rotary air blast (RAB) drilling.

Focused on expanding high-grade gold mineralization discovered in 2021 at the Ulaan and Dark Horse discoveries, confirming continuity at the Altan Nar Gold Project, and testing near-surface, high-grade oxide gold targets across the District. First results from the program are expected to be announced in late May 2022.

Erdene Resource Development Corp. is a Canada-based resource company focused on the acquisition, exploration, and development of precious and base metals in underexplored and highly prospective Mongolia. The Company has interests in three mining licenses and an exploration license in Southwest Mongolia, where exploration success has led to the discovery and definition of the Khundii Gold District.

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MONGOLIAN STOCK EXCHANGE