Provided an update on the Bayan Khundii Gold Mine, operated by Erdene Mongol LLC, the Company’s joint venture with Mongolian Mining Corporation. All figures in U.S. dollars. Sold 7,434 ounces gold and 2,634 ounces silver, at average prices of US$4,153 and US$53, respectively, for US$31M in gross project revenues. Erdene Resource Development Corp. shares T.ERD are trading unchanged at $9.26.
Stocks in play: Erdene Resource Development Corp.
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