HALIFAX, NOVA SCOTIA -- (Marketwire) -- 11/13/12 -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX: ERD), is pleased to announce it has received additional assays from the reconnaissance drill program that began October 7 at the Company's 100% owned Altan Nar (Golden Sun) gold-polymetallic project in southwest Mongolia.
The Altan Nar prospect includes multiple epithermal gold discoveries over a five [...]
Erdene and Morien Resources are pleased to announce the Plan of Arrangement involving Erdene, Advanced Primary Minerals and Erdene Resources Inc., a wholly-owned subsidiary of Erdene, has now closed, and the shares of both companies commence trading today, the effective date, November 9, 2012.
Erdene and Advanced Primary are pleased to announce that the plan of arrangement involving Erdene, APM and Erdene Resources, a wholly-owned subsidiary of Erdene, was approved by the Supreme Court of Nova Scotia on November 1, 2012. The effective date of the Arrangement will be November 9, 2012.
Erdene, is pleased to announce it has received assay results for the first two holes of a 17 hole reconnaissance drill program that began October 7th at the Company's 100% owned Altan Nar (Golden Sun) gold-silver project in southwest Mongolia. "This drilling has succeeded in extending the known gold mineralized trend more than a kilometre from our initial discovery, increasing our confidence that Altan Nar represents a [...]
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 10/26/12 -- Erdene Resource Development Corp. ("Erdene") (TSX: ERD) and Advanced Primary Minerals Corp. ("APM") (TSX VENTURE: APD) are pleased to announce the positive results from the special meetings of shareholders held on October 26, 2012.
At the special meetings of the shareholders of Erdene and APM, the shareholders of both companies voted in favour of a plan of arrangement [...]
Erdene Resource is pleased to announce the initiation of a further round of drilling on the Company's 100% owned Altan Nar project in southwestern Mongolia. "Results from the Altan Nar gold project continue to surpass our expectations with recently completed surveys having identified multiple new drill targets", said Peter Akerley, President and CEO. "With this round of drilling, we are targeting areas along a 5 kilometre [...]
Erdene Resource today announced that it will hold a special meeting of shareholders on October 26, 2012 to approve a plan of arrangement to separate its Mongolian metals exploration projects, which will stay within Erdene, from its North American projects (consisting primarily of its 25% interest in the Donkin Coal Project), which will become the major asset of Morien Resources Corp. ("Morien"), to be listed on the TSX [...]
Exploration work at Erdene's 100% owned Altan Nar project in southwestern Mongolia continues to expand the areal extent of mineralization. The target is now defined over an area 1.5 kilometres wide and 5 kilometres in strike length, based on an expanded surface-rock geochemical sampling program of gold-bearing veins and breccias. Although detailed work to date has been restricted to the Discovery Zone, the recent [...]
Erdene Resource Development and Advanced Primary Minerals are pleased to provide an update on the proposed transaction that would result in the separation of Erdene's North American and Mongolian assets into two public companies. Morien Resources Corp. has been selected as the new name for Amalco (successor to Advanced Primary Minerals Corp.) subject to receiving all requisite approvals. Morien Resources Corp. will hold [...]
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 08/08/12 -- Erdene Resource Development Corp. ("Erdene" or the "Company") (TSX: ERD) is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") with Advanced Primary Minerals Corporation ("APM") to exchange all of Erdene's North American property interests, comprised primarily of Erdene's interest in the Donkin Coal Project in Cape Breton [...]
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 07/26/12 -- Erdene Resource Development Corp. (TSX: ERD) ("Erdene" or "Corporation") is pleased to provide an update on the Donkin Export Coking Coal Project ("Donkin Project") located on Cape Breton Island, Nova Scotia, Canada. The Donkin Project is owned through a 75:25 joint venture between Xstrata Coal Donkin Limited ("Xstrata") and Erdene with Xstrata recently announcing their [...]
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 07/03/12 -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX: ERD), is pleased to announce it has completed the sale of its real estate and associated royalty interest in the Granite Hill property located in Hancock County, Georgia, USA, for US$ 3.35 million cash on closing.
Under the terms of the Asset Sale Agreement, the Company's 100% interest in the 339 acre [...]