Erdene: majority interest and right to purchase 100% of exploration license adjacent to its Bayan Khundii gold project
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Erdene: majority interest and right to purchase 100% of exploration license adjacent to its Bayan Khundii gold project
August 24, 2017

Erdene Resource Development Corp has entered into an agreement to acquire a 51% interest in the Ulaan exploration license, adjacent to the company’s high-grade Bayan Khundii gold project, with the option to acquire up to 100%. Peter Akerley, Erdene’s President and CEO: “Over the long-term we believe this area will become a significant gold mining[…]