Erdene Resource Development Corporation, the first dual listed company on the Mongolian Stock Exchange, announced the filing on SEDAR of the National Instrument 43-101 technical report regarding the mineral resource estimate for its 100%-owned, high-grade Bayan Khundii gold deposit, one of two resource areas included in the Khundii Gold Project, on November 5th, 2018. 

The Company also informed that they commenced a Preliminary Economic Assessment study for the Khundii Gold Project that was scheduled to be delivered in late Q4-2018 as well as initiated technical studies in support of the registration of the Khundii Project resources ahead of mining license applications for Bayan Khundii and Altan Nar planned for Q4-2018.

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