Erdene Resource Development discusses major partnership in Mongolia's gold mining district | News Direct

Erdene Resource Development discusses major partnership in Mongolia's gold mining district

News release by Erdene Resource Development Corp

facebook icon linkedin icon twitter icon pinterest icon email icon Toronto | May 17, 2023 09:23 AM Eastern Daylight Time

 

Erdene Resource Development CEO Peter Akerley joins Natalie Stoberman from the Proactive newsroom to share the company's progress throughout its Mongolian gold exploration projects, highlighted by its recent strategic alliance with Mongolian Mining Corporation MMC to support the development of the Khundii Minerals District.

Akerley says this partnership will contribute roughly $40 million to the project, along with senior debt financing from Export Development Canada. Erdene says he envisions further expansion in Mongolia, with multiple gold and molybdenum-copper deposits yet to be developed.

 

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Proactive Investors

 

+1 604-688-8158

 

na-editorial@proactiveinvestors.com

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