Erdene Resources (TSE:ERD) has released an update.
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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.
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