OreStocks

Erdene Resource Development Corporation press release

Erdene Resource Development discusses major partnership in Mongolia's gold mining district

TSX - Toronto Stock Exchange · Gold · Silver · Lead · Zinc · Molybdenum · Antimony · Copper · Canada

--News Direct--

Erdene Resource Development CEO Peter Akerley joins Natalie Stoberman from the Proactive newsroom to share the company's progress throughout its Mongolian gold exploration projects, highlighted by its recent strategic alliance with Mongolian Mining Corporation MMC to support the development of the Khundii Minerals District.

Akerley says this partnership will contribute roughly $40 million to the project, along with senior debt financing from Export Development Canada. Erdene says he envisions further expansion in Mongolia, with multiple gold and molybdenum-copper deposits yet to be developed.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/erdene-resource-development-discusses-major-partnership-in-mongolias-gold-mining-district-548915379

Earlier from Erdene Resource Development Corporation