Erdene Announces Conference Call to Discuss the Bayan Khundii GOLD Project Bankable Feasibility Study Results
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
ERDENE ANNOUNCES CONFERENCE CALL
TO DISCUSS THE BAYAN KHUNDII GOLD PROJECT
BANKABLE FEASIBILITY STUDY RESULTS
Press Release
Halifax, Nova Scotia
2020.07.20
Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company"), will be hosting a conference
call to review results of the Bankable Feasibility Study (“BFS”) for its 100%-owned Bayan Khundii Gold Project, to be
announced after market close today. The conference call is scheduled for 10:00 am ET on Tuesday, July 21, 2020. The
recording of the call will subsequently be made available on the Company’s website at www.erdene.com
The dial-in numbers for the conference call are as follows:
North America (toll free): 1-877-703-1560
Overseas or local (Toronto): 1-647-689-5569
Participants may also join the conference call via webcast at the following link:
https://onlinexperiences.com/Launch/QReg/ShowUUID=67C7A554-57DF-4DCC-978D-4C232A233C68
Khundii Gold District
Erdene’s deposits are located in the Edren Terrane, within the Central Asian Orogenic Belt, host to some of the
world’s largest gold and copper-gold deposits. The Company has been the leader in exploration in southwest
Mongolia over the past decade and is responsible for the discovery of the Khundii Gold District comprised of multiple
high-grade gold and gold/base metal prospects, two of which are being considered for development: the 100%-
owned Bayan Khundii and Altan Nar projects. Together, these deposits comprise the Khundii Gold Project.
The Bayan Khundii Gold Resource includes 521,000 ounces of 3.16 g/t gold Measured and Indicated (“M&I”) and
103,000 ounces of Inferred resources at 3.68 g/t gold. Within the M&I resource, a proven and probable open-pit
reserve totals 422,000 ounces at 3.7 g/t (see the full press release here), providing significant potential growth of
reserves with the development of the remaining M&I and Inferred resources. 1
About Erdene
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 three exploration licenses in Southwest Mongolia, where exploration success
has led to the discovery and definition of the Khundii Gold District. Erdene Resource Development Corp. is listed on
the Toronto and the Mongolian stock exchanges. Further information is available at www.erdene.com. Important
information may be disseminated exclusively via the website; investors should consult the site to access this
information.
TSX: ERD | MSE: ERDN
www.erdene.com [email protected]
Forward-Looking Statements
Certain information regarding Erdene contained herein may constitute forward -looking statements within the
meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations,
opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Erdene
believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Erdene cautions that actual performance will be affected by
a number of factors, most of which are beyond its control, and that future events and results may vary substantially
from what Erdene currently foresees. Factors that could cause actual results to differ materially from those in
forward-looking statements include the ability to obtain required third party approvals, market prices, exploitation
and exploration results, continued availability of capital and financing and general economic, market or business
conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement.
The information contained herein is stated as of the current date and is subject to change after that date. The
Company does not assume the obligation to revise or update these forward-looking statements, except as may be
required under applicable securities laws.
NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENTS OF THIS RELEASE
Erdene Contact Information
Peter C. Akerley, President and CEO, or
Robert Jenkins, CFO
Phone: (902) 423-6419
Email: [email protected]
Twitter: https://twitter.com/ErdeneRes
Facebook: https://www.facebook.com/ErdeneResource
LinkedIn: https://www.linkedin.com/company/erdene-resource-development-corp-/
YouTube: https://www.youtube.com/channel/UCILs5s9j3SLmya9vo2-KXoA