Drilling begins at Zuun Mod molybdenum project of Erdene Resource - News.MN

Drilling begins at Zuun Mod molybdenum project of Erdene Resource

Old News! Published on: 2010.11.08

Drilling begins at Zuun Mod molybdenum project of Erdene Resource

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Erdene Resource Development Corp. has announced that a 4,000-meter drilling program commenced last week on molybdenum and copper targets on the Khuvyn Khar License, which will include extension and confirmation drilling of Erdene”s 100% owned Zuun Mod molybdenum-copper deposit and drilling of untested porphyry copper geophysical targets. Zuun Mod is one of the largest undeveloped molybdenum-copper deposits in the Asia region.

The Zuun Mod drill program is designed to more fully outline the resource in areas expected to be initially developed for mining and to expand resources in the higher grade zones in the North Racetrack deposit area. The information derived from this program will be used to define a more extensive prefeasibility drill program designed to upgrade the inferred resources to measured and indicated resource categories.

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