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Erdene provides an update on the Bayan Khundii gold mine.
Summary
Erdene, a Canada-based company, confirmed production at the high-grade Bayan Khundii gold mine in Mongolia and noted that material information may be posted on its website.
Content
Erdene Resource Development Corp. issued an update regarding its Bayan Khundii gold mine in Mongolia. The company is Canada-based and produces gold at the high-grade, low-cost Bayan Khundii operation. It holds a portfolio of nearby precious and base metal projects in the Khundii Minerals District. The update reiterates that the district provides an organic growth pipeline.
Key points:
- Erdene is a Canada-based company producing gold at the high-grade, low-cost Bayan Khundii mine in Mongolia.
- The company has interests in several precious and base metal projects near Bayan Khundii in the Khundii Minerals District.
- The article mentions that Erdene is listed on the Toronto and Mongolian stock exchanges and the OTCQX Market.
- The company notes that important information may be disseminated exclusively via its website.
- The release contains forward-looking statements and cautions that actual results may differ due to factors such as approvals, market prices, exploration outcomes, financing and general economic conditions.
Summary:
The announcement restates Erdene's current production and regional project position and notes that material information may be posted on the company's website. Undetermined at this time.
