Erdene Provides Regional Exploration Update; High-Grade Gold Intersected at Altan Arrow, 70 g/t over 2 metres, 3.4 Kilometres North of Bayan Khundii

Erdene Resource Development (TSX:ERD) (“Erdene” or “Company”) is pleased to provide an update on Q4-2017 exploration results for its regional gold projects in the vicinity of the Company’s flagship Bayan Khundii Gold Project in southwest Mongolia.
Peter Akerley, Erdene’s President and CEO, said:

“Today’s high-grade gold results from Altan Arrow and impressive initial rock chip results from Khundii North continue to demonstrate the highly prospective nature of the broader district for the discovery of additional epithermal gold deposits.
Our 2018 programs will continue to develop these central Khundii license prospects adding to our established Bayan Khundii and Altan Nar gold systems.”

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