Erdene Resource Development (ERD) - Aims for 150,000oz Gold Production

Erdene Resource Development Corporation is a Canada-based resource company, which is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. The Company's projects include Bayan Khundii, Altan Nar, Dark Horse, Zuun Mod, and Khuvyn Khar. The Bayan Khundii gold deposit is located in southwestern Mongolia, within the Khundii Gold District, approximately 16 kilometers (km) south of the Altan Nar deposit. The Altan Nar is an intermediate sulfidation, carbonate-base metal gold deposit, which is located 16 km north of the Bayan Khundii gold deposit. The Dark Horse gold prospect is situated on the Bayan Khundii license three km north of the Bayan Khundii project. The Zuun Mod Molybdenum-Copper Project is a porphyry molybdenum-copper deposit located in southwest Mongolia on its Khuvyn Khar license. The Khuvyn Khar copper-silver project is located on Khuvyn Khar license, approximately 2.2 km north of the Zuun Mod molybdenum-copper porphyry deposit.