Erdene's Bayan Khundii Gold Mine is 55% complete, aiming for gold production by mid-2025.

Erdene Resource Development Corp. reported significant progress on the Bayan Khundii Gold Mine, with the process plant 55% complete and major equipment installed. The company expects to start gold production by mid-2025 and reach commercial production by Q3. Expansion drilling showed high gold grades, and the project includes local employment and community development initiatives. Erdene reported a net loss of $1.69 million for Q3 2024.

November 14, 2024
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