Slide 1: Erdene Resource Development Corp. - The Altan Nar Gold-Silver-Lead-Zinc Project
Erdene Resource Development Corp. The Altan Nar Gold- Silver-Lead-Zinc Project MARCH 2015 TSX: ERD
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information regarding Erdene ("the Company") contained herein may constitute forward- looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guida
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (24-02-2015) Management Trading Info TSX: ERD Peter C. Akerley, President & CEO, Director Share Price $0.13 Chris Cowan, VP Asia, Director 52 Wk Range $0.09-0.26 Ken MacDonald, VP Bus.Dvpmt, CFO Shares O/S 82.6 M Shares F/D 93.3 M Mike MacDonald, Director Explora
Slide 4: Company Highlights
Company Highlights Advancing 100% Owned Altan Nar Gold-Polymetallic Project − Near term potential for a low cost, near-surface, high-grade open pit operation − Maiden NI 43-101 resource estimate anticipated by Q2-2015 − Carbonate gold, base metal system analogous to some of Asia’s largest gold dep
Slide 5: Major Gold Terranes and Deposits
Major Gold Terranes and Deposits The Prolific Tian Shan Gold Belt Includes some of the largest economic gold accumulations in the world Second only to Witwatersrand in South Africa for known gold resources 5
Slide 6: North Asia Gold Production 2014 – 2015 Highlights
North Asia Gold Production 2014 – 2015 Highlights Polymetal buys Bayan Airag: First Centerra Gold advances Kinross’s Kupol, 37% Bakyrchik Gold gold production in 1.6 M oz Gatsuurt gold increase in production to Projects: US$618M Q2-2014 deposit ~750,000 oz Au Eldorado’s three China Turquoise Hill (R
Slide 7: Emerging Mining Region
Emerging Mining Region Improving Accessibility and Infrastructure Next Door to the World’s Second Largest Gold Consumer 7
Slide 8: Altan Nar Gold Project
Altan Nar Gold Project 2011 Erdene Grassroots Discovery (100% Owned) 4 Million Hectare Exploration Program Deep Seated Regional Structures Altan Nar 200 km 20 km Initial Discovery - Ancient Pit Expanded Geochemical Soil Survey Lead Gold 2km 2 km 8
Slide 9: Altan Nar Gold Project: Early Indications of a Significant Gold System
Altan Nar Gold Project Early Indications of a Significant Gold System First Hole at Altan Nar Returned 21m @ 3.0 g/t Au Eq. Within 50m of Surface, and 50m Vertically Below the Discovery Hole, 16m @ 6.5 g/t Au was Intersected 9
Slide 10: Recent Drilling Success
Altan Nar Gold Project Recent Drilling Success Discovery Zone (500m strike length and open) Q4-2014 Drilling: 16 m @ 8.7 g/t gold equivalent1 (7.2 g/t gold) Zone characterized by high-grade intervals from surface, within broad lower grade zones including up to 94 m @ 1.0 g/t gold equivalent
Slide 11: Altan Nar Gold Project Highlights
Altan Nar Gold Project Multiple, Large, Gold & Base Metal Mineralized Targets Highlights Union 18 targets along 5.6 km trend North 72 drill holes completed for 11,000 m Discovery Zone 88% drilling success rate intersecting target mineralized zones 53% of drilling confined to 500m Discovery Z
Slide 12: Discovery Zone – Drill & Trench Highlights
Altan Nar Gold Project Discovery Zone – Drill & Trench Highlights Intensely Mineralized, Near Surface, Open to the North and at Depth 11 m @ 2.6 g/t Au Eq 16 m @ 8.7 g/t Au Eq 94 m @ 1.0 g/t Au Eq 19 m @ 7.8 g/t Au Eq 8 m @ 6.0 g/t Au Eq B 7 m @ 7.1 g/t Au Eq See cross-sections on following slides A
Slide 13: Discovery Zone North – Cross-Section (A)
Altan Nar Gold Project Discovery Zone North – Cross-Section (A) Continuous, High-Grade Mineralization From Surface, Open at Depth 11 m @ 4.6 g/t Au Eq (3.0 g/t Au) 16 m @ 8.7 g/t Au Eq (7.2 g/t Au) 19 m @ 7.8 g/t Au Eq (5.8 g/t Au) 13
Slide 14: Discovery Zone North – Cross-Section (B)
Altan Nar Gold Project Discovery Zone North – Cross-Section (B) Broad Mineralized Zones Open at Depth & Along Strike at Northern Edge of DZ 94 m @ 1.0 g/t Au Eq 38 m @ 1.3 g/t Au Eq 5 m @ 3.4 g/t Au Eq 37 m @ 1.7 g/t Au Eq 17 m @ 1.1 g/t Au Eq 28 m @ 1.6 g/t Au Eq 14
Slide 15: Union North Highlights
Altan Nar Gold Project Union North Union North Highlights Union 1.2 km NW of Discovery Zone North High grade & near surface over 300 m strike length (open) 1,115 m of drilling & 610 m of trenching Drill Highlight: 24 m @ 2.1 g/t Au, 5.8 g/t Ag, & 1.4% combined Pb-Zn 500m Trench Highlight:
Slide 16: Union North – Drill & Trench Highlights
Altan Nar Gold Project Union North – Drill & Trench Highlights Multiple Mineralized Structures Open in all Directions 6 m @ 6.7 g/t Au Eq (T) 30 m @ 1.4 g/t Au Eq 12 m @ 5.4 g/t Au Eq See cross-section 19 m @ 15.1 g/t Au Eq (T) on following slide 12 m @ 3.0 g/t Au Eq 9 m @ 5.4 g/t Au Eq 9 m @ 7.6 g/
Slide 17: Union North – Cross-Section
Altan Nar Gold Project Union North – Cross-Section Limited Drilling and Trenching Has Established Continuity of Mineralized Zones 19 m @ 15.1 g/t Au Eq 12 m @ 5.4 g/t Au Eq 6.4 m @ 3.1 g/t Au Eq 8 m @ 1.7 g/t Au Eq 17
Slide 18: Favourable Carbonate Base Metal Gold Model
Altan Nar Gold Project Favourable Carbonate Base Metal Gold Model Characteristics of “CBM” Gold Deposits Large vertical extent; can have a vertical dimension of 1,000+m; Kelian 500m deep pit; Altan Nar only shallow drilling completed to date Known deposits include: Porgera (>25 Moz), Kelian (5.7
Slide 19: Other Priority Targets
Altan Nar Gold Project Other Priority Targets Highlights 3 Maggie: 500 m2 target with coincident high chargeability under cover; 17 m of 3.4 g/t Au, 4.9 g/t Ag & 1.4% Pb-Zn 4 Northbow: Intense alteration & breccia zone over 400 m; most intense gold-moly anomaly at Altan Nar; 9 m of 1.3 g/t Au & 1.3%
Slide 20: Value Creation Plan
Altan Nar Value Creation Plan Timeline 1,000m drilling & Resource Establish initial Complete high- 2,000m trenching definition drilling at resource at level scoping & program over high- Discovery Zone Discovery Zone metallurgical priority targets and Union North and Union North studies Goal: Improve
Slide 21: Major Acquisitions in Gold Mining Sector
Major Acquisitions in Gold Mining Sector $3,500,000,000 $3,400,000,000 $2,400,000,000 $1,840,000,000 $1,600,000,000 $1,200,000,000 $608,000,000 $250,000,000 2007-Kinross 2008-Newgold 2009-Kinross 2009-Eldorado 2010-Goldcorp 2011-Eldorado 2012-Iamgold 2014-Agnico 2007 Buys Bema 2008 Acquires Buys2009
Slide 22: The Next Giant Gold Deposit of the Tian Shan?
Altan Nar Gold Project The Next Giant Gold Deposit of the Tian Shan? Early-In Opportunity Development Stage of a Successful Mining Company ‒ A new gold district discovery ‒ Early in exploration cycle Value / ~Market Cap ‒ Period of low valuations in sector Ownership ‒ 100% interest in Project Altan
Slide 23: Zuun Mod Moly-Copper Project: Agreement with Tian Poh Resources
Zuun Mod Moly-Copper Project Recent Agreement with Tian Poh Resources Option agreement entered into on 12-Feb, 2015 Tian Poh can earn 51% in Erdene’s Zuun Mod Molybdenum-Copper Project by paying US$4.8M in cash and equity over 5 years, with the option to earn 100% by paying $14M to $18M Tian P
Slide 24: Zuun Mod: One of Asia's Largest Molybdenum Deposits
Zuun Mod Moly-Copper Project One of Asia’s Largest Molybdenum Deposits • 100% owned by Erdene NI 43-101 RESOURCE ESTIMATE (subject to Tian Poh Agreement) Cut Contained OWNERSHIP Tonnes Grade Off Metal • Mining license granted % % M lb M lb in 2011 % Mt Mo Cu Mo Cu M&I 0.04 218 0.057 0.069 273 331 •
Slide 25: Erdene Investment Proposition
Erdene Investment Proposition Advancing 100% Owned Altan Nar Gold Project Toward Production Low Cost Entry Into Gold Sector High Discovery Potential Along Mineralized Trend at Altan Nar Delivering Value Through Exploration to Discovery in an Emerging Metal Belt Through Partnership With Teck
Slide 26: Erdene Resource Development Corp.
Erdene Resource Development Corp. MARCH 2015 TSX: ERD Advancing Altan Nar Toward Production Peter C. Akerley President & CEO, Director Tel 902-423-6419 Email info@erdene.com Website www.erdene.com Twitter @ErdeneRes
Slide 27: Notes
Notes TSX:ERD