CEO Clips - Erdene: Unlocking Gold Potential in Mongolia’s New Mining District
Erdene (TSX: ERD, OTC: ERDCD) has officially begun producing high-grade gold in Mongolia, marking a turning point for its long-term district-scale ambitions.
From first pour to future growth: Why Erdene’s gold story is just beginning
With over two decades of activity in Mongolia, Erdene is no stranger to exploration. But with the first gold pour at its Bayan Khundii project, the Canadian company is transitioning from discovery to production—an inflection point in its journey. Holding a resource of 500,000 ounces of gold at an average grade of 4 grams per tonne, Erdene’s open-pit project stands out for both scale and quality.
What makes this milestone especially meaningful is its timing. Cash flow not only supports operations—it unlocks future potential. Erdene’s presence spans a wider district with the promise of further development and exploration. For investors watching the evolution of Mongolia’s mining sector, Erdene may represent a rare combination of resource strength, financial traction, and long-term upside.
For more information on Erdene Resource Development (TSX: ERD, OTC: ERDCD) please click the request investor info button.
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