Erdene Resource Development Corp. (TSX:ERD) reported final drilling results for its exploration program for the second quarter of 2014. Highlights included the intersection of high grade gold and base metal zones including 5 metres of 17.7 g/t gold, 69 g/t silver, 2.1% lead and 2.5% zinc within 19 metres of 5.8 g/t gold.
As quoted in the press release:
Final assays for seven drill holes and four drill-hole-extensions (totaling 834 m) were recently received and demonstrate the continuity of the high-grade gold mineralization at Altan Nar. The second quarter exploration program was the most successful to date with the discovery of a high-grade zone at DZ North and establishing continuity of the mineralized system at Union North. Other prospects tested included Union South and Maggie, where initial holes confirmed continuity of mineralization.