Erdene Resource Development Corp.
Price History
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About Erdene Resource Development Corp.
Erdene Resource Development Corp. is a gold and base metals company operating in Mongolia with the Bayan Khundii gold deposit and the Altan Nar gold-copper project. The company has achieved permitted status for its flagship mine and is advancing toward production.
Primary Commodities
Project Economics
Altan Nar
- Mineral Resources
- Indicated: 5.0 Mt @ 2.0 g/t Au, 14.8 g/t Ag, 0.6% Zn, 0.6% Pb (2.8 g/t AuEq) for 317.7 koz Au, 2,349.7 koz Ag, 31.6 kt Zn, 29.0 kt Pb, 453.0 koz AuEq. Inferred: 3.4 Mt @ 1.7 g/t Au, 7.9 g/t Ag, 0.7% Zn, 0.7% Pb (2.5 g/t AuEq) for 185.7 koz Au, 865.8 koz Ag, 23.7 kt Zn, 22.3 kt Pb, 277.1 koz AuEq.
- Royalties / Streams
- 5% NSR after 400,000 oz Au production
Khuvyn Khar
Tereg Uul
Ulaan
- Royalties / Streams
- 5% NSR after 400,000 oz Au production
Zuun Mod
- Mineral Resources
- Measured: 45.8 Mt @ 0.057% Mo, 0.062% Cu (0.074% MoEq) for 57.7 Mlbs Mo, 62.2 Mlbs Cu, 74.8 Mlbs MoEq. Indicated: 225.3 Mt @ 0.056% Mo, 0.065% Cu (0.073% MoEq) for 275.9 Mlbs Mo, 322.0 Mlbs Cu, 364.4 Mlbs MoEq. M&I: 271.1 Mt @ 0.056% Mo, 0.064% Cu (0.073% MoEq) for 333.5 Mlbs Mo, 384.2 Mlbs Cu, 439.2 Mlbs MoEq. Inferred: 269.1 Mt @ 0.051% Mo, 0.059% Cu (0.070% MoEq) for 300.0 Mlbs Mo, 350.7 Mlbs Cu, 416.3 Mlbs MoEq.
Bayan Khundii Gold Project (BK & Dark Horse Mane)
- Mineral Reserves
- 4.0 Mt at 3.98 g/t Au, 476 Koz contained gold (Proven & Probable)
- Mineral Resources
- BK Deposit (effective Apr 20, 2023): Measured 4.0 Mt @ 3.03 g/t Au (394 Koz); Indicated 3.3 Mt @ 2.04 g/t Au (219 Koz); M&I 7.4 Mt @ 2.58 g/t Au (613 Koz); Inferred 0.2 Mt @ 1.08 g/t Au (6 Koz). Dark Horse Mane (effective Nov 1, 2022): Indicated 682 Kt @ 2.8 g/t Au (61.7 Koz); Inferred 184 Kt @ 1.2 g/t Au (6.8 Koz).
Bayan Khundii Gold Project (BK Gold Deposit & Dark Horse Mane Gold Deposit)
- Mineral Reserves
- Proven & Probable: 4 Mt at 3.98 g/t Au, containing 476 Koz Au (payable 475,287 oz)
- Mineral Resources
- BK Deposit M&I: 7.4 Mt at 2.58 g/t Au, 613 Koz Au; Inferred: 0.2 Mt at 1.08 g/t Au, 6 Koz Au. Dark Horse Mane Indicated: 682 Kt at 2.8 g/t Au, 61.7 Koz Au; Inferred: 184 Kt at 1.2 g/t Au, 6.8 Koz Au.
Bayan Khundii Gold Mine
- Mineral Reserves
- Proven: 2.7 Mt @ 4.1 g/t Au (360.2 koz Au); Probable: 1.1 Mt @ 3.0 g/t Au (104.7 koz Au); Total BK: 3.8 Mt @ 3.8 g/t Au (464.9 koz Au). Dark Horse Probable: 0.2 Mt @ 7.0 g/t Au (48.8 koz Au). Combined BK+DH: 513,700 oz Au.
- Royalties / Streams
- 5% NSR after 400,000 oz Au production
Dark Horse
- Mineral Reserves
- Probable: 0.2 Mt @ 7.0 g/t Au (48.8 koz Au)
- Royalties / Streams
- 5% NSR after 400,000 oz Au production
Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.
Financial Metrics
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Press Releases
Video - CEO Clips: Erdene Resource Development Advances High-Grade Gold Project in Mongolia
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Erdene Resource Development (TSX: ERD) (OTCQX: ERDCF) is producing at a high-grade gold project in an underexplored district in Mongolia while progressing studies and exploration on gold, copper and molybdenum prospects. The company's first mover position and strategic local partnership support continued exploration and multi-commodity growth.Erdene Resource Development. (TSX: ERD) (OTCQX: ERDCF)https://erdene.com/About BTV -...
Erdene Expands Mineralization at Zuun Mod Molybedenum-Copper Project
Highlights: Drilling from surface to 150 metres depth returned multiple intersections of ore-grade mineralization in areas modelled as wasteHigh-grade intersections, greater than 0.1% MoEq1 were returned from multiple holes over widths of 6 to 18 metresHole ZMD-98 extended to 450 metres, intersected near continuous Mo and Cu mineralization over 374 metres, averaging 0.066% MoEqResource model will be updated with 2025 drilling results ahead of a planned Preliminary Economic Assessment expected to
Erdene Announces Closing of $25 Million Bought Deal Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HALIFAX, Nova Scotia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce that further to its news release dated January 26, 2026, the Company has closed its bought deal private placement offering of 3,230,000 common shares of the Company (the “Common Shares”) at a price of $8.90 per Common Share fo
Erdene Announces $25 Million Bought Deal Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES HALIFAX, Nova Scotia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB: ERFCF) ("Erdene" or the "Company") is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (“Paradigm”), pursuant to which Paradigm, as co-lead underwriter and joint bookrunner with National Bank Financial Inc., on behalf of a syndicate of underwriters
Erdene Resource hits first Gold & $30M cash flow
Erdene Resource Development Corporation CEO Peter Akerley joined Steve Darling from the Vancouver Resources Investment Conference to share news about the company’s significant milestone of achieving first gold production and entering the startup cash flow phase. Akerley highlighted that after over two decades of work, reaching this point has delivered a strong sense of achievement for the team, especially with the company now generating substantial early cash flow. "We generated about 30 million US in cash flow in that startup phase," Akerley said, referring to the initial months of production at the Bayan Khundii deposit in Mongolia. Strategically, the production success enables Erdene to unlock the broader potential of what Akerley calls a "great gold district." Exploration efforts are already underway with expansion potential west of the current pit and as far as 2.5km north, where a high-grade surface discovery has been made. Akerley emphasized the company’s community-first approach, operating in a low-population, nomadic region of Mongolia. The company’s partnership with Mongolian Mining Corporation, a 50/50 joint venture, has strengthened relationships with both government and local stakeholders, ensuring a respectful and sustainable approach to development. Looking ahead, Akerley pointed to ongoing drilling at the Dark Horse prospect, a PEA for the My Molybdenum project, and significant infrastructure developments, including access to roads and power to support expanded operations. #proactiveinvestors #erdeneresourcedevelopmetcorporation #tsx #erd #otcqb #erfcf #vric2026 #MongoliaMining #JuniorMining #GoldStocks #MiningNews #MiningInvestment #CashFlow #OTCQX #BayanKhundii
Erdene Resource Provides Update on Bayan Khundii Gold Mine in Mongolia
Erdene Resource Development (ERD.TO) said Tuesday that the process plant at the Bayan Khundii gold m
Erdene Provides Bayan Khundii Gold Mine Update
Production ramp-up well underwayHighlights Q4 2025: Sold 7,434 ounces gold and 2,634 ounces silver, at average prices of US$4,153 and US$53, respectively, for US$31M in gross project revenuesAveraged 77% of the 1,950 tonne per day design capacity during quarterReached nameplate mill throughput for much of DecemberProcessed 144,845 tonnes of ore, averaging 2.0 g/t goldCompleted 5,433 metres drilling at the Dark Horse and Altan Arrow gold prospects near Bayan Khundii – results expected in Q1 2026
Erdene Updates On Copper Intersections in Khuvyn Khar Porphyry System
Erdene Resource Development (ERD.TO) on Wednesday said drilling intersected 30 metres of 1.25% coppe
Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System
Khundii Minerals District Focused on the Under-Explored Trans Altai Terrane in Southwestern Mongolia Khundii Minerals District - Multiple High-Quality Deposits and Prospects Four Gold Discoveries, Molybdenum-Copper Deposit and +20 High Priority Targets Khuvyn Khar Porphyry System: 20km2 Circular Copper Anomaly Multi-Phase Metal Complex: Molybdenum-Copper and Copper-Silver Khuvyn Khar Copper Porphyry System Section 1 (Looking NE) Highlights: Intersected 65 metres averaging 0.63% copper (“Cu”) and
Toronto Stock Exchange, Erdene Resource Development Corp., The View from the C-Suite
Toronto, Ontario--(Newsfile Corp. - January 7, 2026) - Peter C. Akerley, President, Chief Executive Officer and Director, Erdene Resource Development Corp. ("Erdene" or the "Company") (TSX: ERD), shares the Company's story in an interview with TMX Group.Cannot view this video? Visit:https://www.youtube.com/watch?v=nBd7GKGxNl4The "View From The C-Suite" video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. These videos...
Quick Facts
- Ticker Symbol
- ERD.TO
- Market Cap
- Small Cap
- Category
- Copper
- Commodities
- Copper
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.