Erdene Drilling Confirms Significant Epithermal Mineralization Near Surface in Southwest Mongolia

Erdene Resource Development Corp. (TSX:ERD) announced drilling results from the Mongolia-based Altan Nar gold-silver property.

As quoted in the press release:

Highlights

• Target area measuring 3 kilometres x 2 kilometres contains multiple prospects defined by geochemistry and geophysics with several gold-bearing epithermal-style quartz vein/breccia zones;
• Initial hole intersects 55 metres of 1.02g/t gold and 12g/t silver, including 23 metres of 2.07 g/t gold and 23 g/t silver.

“Altan Nar is proving to be an exceptional new discovery based on the size of the system and the extensive precious and base metal mineralization now confirmed through drilling.”