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Erdene’s Gold Project Advances, Eyes Mid-2025 Production

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Erdene’s Gold Project Advances, Eyes Mid-2025 Production

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

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Erdene Resource Development Corp. reported a productive second quarter in 2024, with significant headway in the development of the Bayan Khundii Gold Project, which is approximately 30% complete and on track for first gold production by mid-2025. The company also highlighted ongoing exploration efforts that have identified new gold targets, with drilling results expected by late Q3 2024.

For further insights into TSE:ERD stock, check out TipRanks’ Stock Analysis page.

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