Erdene Resource Development Advances Exploration Along Mongolia’s Central Asian Orogenic Belt
Key Takeaways
- •Erdene Resource Development produces gold at Mongolia’s Bayan Khundii mine through a 50:50 joint venture with Mongolian Mining.
- •The company is advancing exploration along the Central Asian Orogenic Belt in Mongolia.
- •President and CEO Peter Akerley is discussing Erdene’s work in the region.
- •The broader geological belt has drawn mining interest because of its mineral potential across a large part of Asia.
Erdene Resource Development (TSX: ERD; US-OTC: ERDCF), which produces gold from Mongolia’s Bayan Khundii mine through a 50:50 joint venture with Mongolian Mining, is advancing exploration along the region’s Central Asian Orogenic Belt. President and CEO Peter Akerley discusses the company’s work in the area, where the broader geological belt has drawn mining interest for its mineral potential across a large swath of Asia.
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