Slide 1: The Altan Nar Gold-Silver-Lead-Zinc Project
Erdene Resource Development Corp. The Altan Nar Gold-Silver-Lead-Zinc Project Exploring for the Next Giant Ore Deposit of the Tian Shan October 2014
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, guidan
Slide 3: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE (6-10-2014) MANAGEMENT Trading Info TSX: ERD Peter C. Akerley, President & CEO, Director Share Price $0.145 Chris Cowan, VP Asia, Director 52 Wk Range $0.06-0.26 Ken MacDonald, VP Bus.Dvpmt, CFO Shares O/S 76.7 M Shares F/D 89.1 M Mike MacDonald, Director Explora
Slide 4: Company Highlights
Company Highlights Altan Nar Gold Discovery Advancing 100% Owned Altan Nar Gold Project Commencing resource drilling with tremendous upside Alliance with Teck Resources in 2013 Khuvyn Khar Copper Porphyry Target Establishing drill targets on copper porphyry target Large 43-101 Molybdenum-Copper Depo
Slide 5: Major Gold Terranes & Deposits
Major Gold Terranes & 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: The Prolific Tian Shan Gold Belt
The Prolific Tian Shan Gold Belt Tian Shan belt well endowed with giant orogenic, mesothermal, porphyry and epithermal gold deposits (Muruntau, Kumtor, Axi, Xitan, Oyu Tolgoi) 6
Slide 7: Emerging Mining Region
Emerging Mining Region Improving Accessibility and Infrastructure 7
Slide 8: Mongolia Metals Projects - 2014
Mongolia Metals Projects - 2014 Includes One of the World's Largest Gold Mines Oyu Tolgoi Copper – Gold Project Top 6 gold deposit in world, 700,000 ounces of gold in 2014 $7 billion invested to date, 4 years from Feasibility Study to 1st ore 15 banks signed: IMF, EBRD, IFC and US Export-Imp
Slide 9: Altan Nar Gold Project
Altan Nar Gold Project 2011 Erdene Gold 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 2 km 2 km 9
Slide 10: Discovery Zone: First Hole Return 23m of 2.1 g/t Gold
Discovery Zone: First Hole Return 23m of 2.1 g/t Gold and the first hole below that 26m of 4.7 g/t Gold 10
Slide 11: 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
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 Multiple Parallel zones to main Discovery Zone including 20m @ 0.7g/t gold Plunging under cover to north with 2m @ 2.9g/t Gold Eq. with 121m @ 1.1g/t Gold Eq. 32m @ 3
Slide 13: Altan Nar Gold Project Highlights: 18 targets along 5.5 km trend
Altan Nar Gold Project Multiple, Large, Gold and Base Metal Mineralized Targets Highlights 18 targets along 5.5 km trend 65 drill holes completed for 9,100 m Discovery Zone 88% drilling success rate intersecting target mineralized zones 50% of drilling confined to Discovery Zone Average dr
Slide 14: Only Shallow Drilling Completed
Altan Nar Gold Project Only Shallow Drilling Completed Epithermal deposits can extend for >1,000m; Kelian 500m deep pit Deposit comparisons: Porgera (>25 Moz), Kelian (5.7 Moz), Amatok (10 Moz), Fruta del Norte (6.7 Moz), and Rosia Montanna (17 Moz) 100m depth 14
Slide 15: Union North Target
Altan Nar Gold Project Union North Target Highlights Union 1.2 km NW of Discovery Zone North High grade & near surface over 300 m strike length 440 m of drilling & 600 m of trenching Drill Highlight: 24 m @ 2.1 g/t Au, 5.8 g/t Ag, & 1.4% combined Pb-Zn Trench Highlight: 19m @ 8.9 g/t Au, 6
Slide 16: Recent Drill Results - Union North
Altan Nar Gold Project Recent Drill Results - Union North Cross Section - June 2014 Drill Program 19m @ 8.9 g/t gold, 66 g/t silver, 10.2% combined lead-zinc 12m of 4.0 g/t gold, 10 g/t silver and 24m of 2.9g/t 2.5% combined Gold Equiv. lead-zinc 16
Slide 17: Recent Drill Results - Union North IP Chargeability
Altan Nar Gold Project Recent Drill Results - Union North IP Chargeability Drill Target - June 2014 Drill Program 17
Slide 18: Other Priority Targets
Altan Nar Gold Project Other Priority Targets Highlights 3 Maggie: 500m2 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 400m; most intense gold-moly anomaly at Altan Nar; 9 m of 1.3 g/t Au & 1.3% c
Slide 19: Moving Forward: Near Term Objectives
Altan Nar Gold Project Moving Forward Near Term Objectives • Q2-2014: Detailed geochemical, induced polarization & mapping program • Q2-Q3 2014: 1,000m drilling & 2,000m trenching program over high priority targets to improve drill targeting & increase confidence for resource estimation • Q4-2014: R
Slide 20: Moving Forward
Altan Nar Gold Project Moving Forward Discovery Zone (testing 500m strike length) Recent drilling: 32m @ 3.6 g/t gold, 23 g/t silver & 1.7% combined lead-zinc, including 5m @ 17.7 g/t gold, 69 g/t silver, & 4.6% combined lead-zinc 900 m of planned resource definition drilling Union North (te
Slide 21: Discovery Zone Long Section (looking Northwest)
Altan Nar Gold Project Discovery Zone Long Section (looking Northwest) High Confidence, Near-Surface Resource Definition Drill Program 38m @ 2.0 g/t Au Eq 19m @ 3.1 g/t Au Eq 16m @ 7.1 g/t Au Eq 24m @ 6.2 g/t Au Eq 10m @ 1.8 25m @ 4.2 g/t Au Eq 12m @ 1.9 g/t Au Eq g/t Au Eq 16m @ 2.2 37m @ 1.5 g/t A
Slide 22: Q4 2014 thru Q1 2015 Expenditures
Q4 2014 thru Q1 2015 Expenditures Erdene Expenditures Q4 2014 thru Q1 2015 Items All in Costs (cdn) Technical Program - Drilling Discovery Zone $ 289,300 Union North $ 264,000 Expansion Targets $ 335,500 Subtotal $ 888,800 Analytical $ 82,500 Independent Studies $ 185,000 Property Renewals, Overhead
Slide 23: Timeline and Milestones
Timeline and Milestones Close of private Press Release: placement; $1.6 M Initial resource at $0.14 / share; half Press Release: estimate at Teck Resources warrant at $0.21 Press Release: Exploration Discovery Zone Strategic Alliance Discovery Zone Target drill results & Union North renewal date; dr
Slide 24: Erdene Valuation Factors
Erdene Valuation Factors Development Stage of a Successful Mining Company 1 Year Insider Buying; Management & Directors Hold ~12% Value / ~Market Cap Altan Nar Gold Project Exploration Discovery Feas Const Product 1 Year Share Performance; Mongolia Metals Exploration Peers Market Cap Peer Comp; Prec
Slide 25: Erdene Financing
Erdene Financing Announced – October 6th Current Shares Outstanding – 76.7 mln Current Market Cap - $11 mln Issue Size – 11.5 mln shares Issue Price – $0.14 Warrant – ½ share at $0.21 for 24 month period Post Issue Shares Outstanding – 88.2 mln Market Cap Post Issue - $13 mln 25
Slide 26: 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 2007-Kinross Buys Bema 2008 2008-Newgold Acquires 2009 2009-Kinross Buys Aurelian 2009 2009-Eldorado Buys Sino 2010 2010-Goldcorp Buys And
Slide 27: 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 High-Grade & Near A new gold district discovery Surface Early in exploration cycle Evidence of bonanza grades that have Period of low valuations in sector potential to improve pit economics Ownership Ve
Slide 28: Erdene Resource Development
Erdene Resource Development Peter C. Akerley President & CEO, Director Website www.erdene.com Email info@erdene.com Twitter @ErdeneRes TSX: ERD