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Erdene Resource Development Corp.

03:50 PM EST - Erdene Resource Development Corp. : announced it has received final assays from the recently completed drilling program at the Company's 100% owned Altan Nar (Golden Sun) gold-polymetallic project in southwest Mongolia. Highlights: The Discovery Zone ("DZ") was extended 50 metres northeast to 400 metres in strike length where it remains open. Northeast extension of DZ includes 94 metres of 0.45 g/t gold and includes a 4.5-metre interval at the bottom of the hole averaging 2.4 g/t gold, 18.8 g/t silver, 2.8% lead and 0.86% zinc. DZ gold mineralization has been extended to 160 metres depth in the southwest and to 235 metres depth in the northeast ending in five metres of 4.77 g/t gold, 6 g/t silver 0.52% lead and 0.59% zinc and is open at depth. Erdene Resource Development Corp. shares T.ERD are trading unchanged at $0.17.