Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) announced the result of an independent Technical Report for the 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia, including a Pre-Feasibility Study for its Bayn Khundii Gold Deposit and an updated Preliminary Economic Assessment for its Altan Nar Deposit, located 16 km from Bayan Khundii. The Technical Report also includes an updated mineral resource as well as a statement of mineral reserves for Bayan Khundii.

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Source: Mongolian Stock Exchange