Erdene Intersects High-Grade Gold in Maiden Drilling at Dark Horse Prospect

Multiple Prospects on License Alteration Map and High Grade Gold Occurrences Magnetic Map Highlights Structural Corridors with Coincident Magnetic Low Anomalies Section (A) 3D Magnetics – Looking NW Oblique HALIFAX, Nova Scotia, Oct. 26, 2020 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“ Erdene ” or the “ Company ”) is pleased to provide exploration results for its Dark Horse gold prospect, as part of the first phase of its 18,000-metre Khundii Gold District drill program. To date, the Company has received assay results for approximately 3,600 metres of the 10,000 metres drilled in the first phase.

Highlights 1 : Eleven hole, 1,574-metre reconnaissance diamond drill program completed at 100% owned Dark Horse prospect, discovered in Q4 2019, 3.5 kilometres north of the Bayan Khundii Gold Deposit

High-grade gold intersected in two holes at shallow depths, less than 30 metres vertically from surface:
○ AAD-48 – returned […]

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