Wednesday 26th October 2016

Resource Clips

Erdene reports Mongolia Assays including 1.02 g/t Gold over 55m

Resource Clips - essential news on junior gold mining and junior silver miningErdene Resource Development Corp TSX:ERD announced results from its Altan Nar (Golden Sun) Property in southwest Mongolia. Highlights include

1.02 g/t gold, 12 g/t silver, 0.26% lead and 0.47% zinc over 55 metres
(including 2.07 g/t gold, 23 g/t silver, 0.26% lead and 0.59% zinc over 23 metres)
0.51 g/t gold, 9 g/t silver, 0.24% lead and 0.84% zinc over 48 metres
(including 1.2 g/t gold, 16 g/t silver, 0.17% lead and 0.41% zinc over 10.5 metres)
0.32 g/t gold, 3 g/t silver, 0.4% lead, 0.23% zinc over 40 metres
(including 0.96 g/t gold, 12 g/t silver, 2.17% lead and 0.37% zinc over 4 metres)
0.56 g/t gold, 6 g/t silver, 0.26% lead and 0.5% zinc over 18 metres
(including 1.21 g/t gold, 3 g/t silver, 0.65% lead and 1.04% zinc over 3 metres)

President/CEO Peter Akerley commented, “Altan Nar is proving to be an exceptional new discovery based on the size of the system and the extensive precious and base metal mineralization now confirmed through drilling. We are very encouraged by these initial near-surface drilling results and look forward to the continued exploration of this exciting prospect.”

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Peter C. Akerley
or Ken W. MacDonald
VP of Business Strategy/CFO

by Greg Klein

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