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Erdene says latest results from Dark Horse prospect improve economics of Bayan Khundii gold project
(NewsDirect) Erdene Resource Development Corp CEO Peter Akerley joins Proactive's Stephen...
About this update from Erdene Resource Development Corporation
[{"type":"text","content":"Erdene says latest results from Dark Horse prospect improve economics of Bayan Khundii gold project\n \n \n (NewsDirect)\n \n \n \n \n Erdene Resource Development Corp CEO Peter\nAkerley joins Proactive's Stephen Gunnion with details of positive\nexploration results from the Dark Horse prospect in southwest\nMongolia.\n \n \n The Dark Horse prospect\nis part of the Bayan Khundii (BK) complex, where the company has made\nthree main discoveries, with the BK project moving towards first gold\nin 2025.\n \n \n Anerley noted that the\nsignificant aspect of these deposits is the high grade, with open pit\nhead grades over 3.5 grams and intersections with 6 to 8 grams per 20\nmeters of surface. The Dark Horse discovery adds to this by covering a\nkilometer and a half of strike length and showing potential for\nexpansion over a 20 square kilometer area.\n \n \n He said these results will be integrated\ninto an updated feasibility study expected in mid-August, enhancing\nproject economics.\n \n \n The CEO also mentioned a strategic alliance\nwith Mongolia's largest mining company and ongoing exploration\nplans for the rest of 2023, showcasing a steady growth plan.\n \n \n \n Contact Details\n \n \n \n Proactive Investors\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1798,"tagName":"div"}]