Erdene Provides Project Updates and Third Quarter Financial Results

Erdene Resource Development Corp (TSX:ERD) announced Q3 2011 financial results as well as project updates.

As quoted in the press release:

In June 2011, the Company received a NI 43-101 compliant Technical Report for the Donkin Coal Project prepared by Marston & Marston, Inc…The Report assesses the viability of a multiple continuous miner underground operation, producing approximately 3.5 million tonnes per year of Run of Mine coal that would be subsequently washed to provide 2.75 Mtpa of product coal suitable for the international export coking and thermal coal markets and domestic thermal coal markets.

Click here for the Erdene Resource Development Corp (TSX:ERD) press release.