Erdene Resource Development Corporation (TSE:ERD) has released an update.
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Erdene Resource Development Corporation celebrated a transformative year with a strategic alliance with Mongolian Mining Corporation, began the construction of the high-grade Bayan Khundii gold project, and reported continued exploration success. The Bayan Khundii mine, poised to be Mongolia’s largest gold producer, is expected to start gold production in Q2 2025. Additionally, exploration has expanded mineralization in the Khundii Minerals District, promising further value for shareholders and contributions to Mongolia’s economy.
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