Erdene Resources (TSE:ERD) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Erdene Resource Development Corp. has reported promising shallow drill results at the Bayan Khundii Gold Project, indicating high-grade deposits near the surface. The company also announced that a new drill program is set to commence to refine the mine plan ahead of production starting in early 2025, with expectations of reaching first gold by mid-2025.
For further insights into TSE:ERD stock, check out TipRanks’ Stock Analysis page.