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HALIFAX, Nova Scotia, June 06, 2022 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX: ERD | MSE: ERDN) (“Erdene” or the “Company”) is pleased to announce initial results from the first phase of its 2022 drill program at Ulaan Southeast (“Ulaan SE”), located 300 metres west of the Bayan Khundii Gold deposit in southwest Mongolia. The objective of this phase of the program has been met with the confirmation of continuity of an interpreted high-grade gold bearing “feeder” structure at the northern end of the Ulaan SE discovery, and expansion of the discovery to the west and at depth.
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